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To: lowbridge

Very easy to believe that 80% have paid their FIRST premium.

Very DIFFICULT to believe that most can afford to KEEP paying their premiums.

I wonder what percentage of people next year will ATTEMPT to cancel their insurance because rates are going to double again?


11 posted on 05/08/2014 5:30:49 AM PDT by Safrguns (PM me if you like to play Minecraft!)
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To: Safrguns

80% is good eh? How many who had insurance before they were forced to have it actually paid their first month’s insurance bill? My guess, 100%.


13 posted on 05/08/2014 5:33:00 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
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To: Safrguns

“Very easy to believe that 80% have paid their FIRST premium.

Very DIFFICULT to believe that most can afford to KEEP paying their premiums.”

This is standard practice for the typical Obama voter when required to obtain motor vehicle insurance as required by state law.

They obtain the insurance card by making the first minimum premium payment, then make no further payments and they then have an insurance cared in their hand to present to the police when stopped for a traffic offense.

Good for them, bad for you if they hit you with their vehicle.


21 posted on 05/08/2014 5:55:34 AM PDT by KeyLargo
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To: Safrguns
"Very DIFFICULT to believe that most can afford to KEEP paying their premiums."

That is the point, wait till these people actually begin to use there so-called benefits and the added costs of deductibles, copay, and the frustration of finding a doctor, comes into play.

I don't think once you are in the system you can just quite, the IRS will take whatever refund you would get to pay the premiums, then add interest and penalties to the amount left over.

Most people get a refund and most people will be shocked, who quite paying premiums come next Apr 15.

These insurers must have some grand guarantees from the gov't to put lipstick on this pig.

 

 

28 posted on 05/08/2014 6:20:50 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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