One of the benefits of being an old fart is I'm protected by Medicare & TRICARE. I've got health problems that require me to see specialists and take plenty of Rx meds. No complaints from me.
I think it's a good idea, but I also think the premise behind ACA was a good idea. The more people that are paying in the cheaper it should be for everyone. It should work in theory but theory and the real world are different.
The concept of affordable health insurance for everybody is great no matter who sponsors it. The problem is the assclowns creating and running the system. The R's will come up with some plan that looks good on paper but I wouldn't bet that it will be any better than Obamacare.
The problem was states were still limited on their customer pools. Now, the entire country is in the same pool. If this passes. Huge difference IMO.
That isn't the problem. That is a fabricated lie imo. More "people" don't necessarily create lower prices. Competition does. When states have very little providers, there was Zero competition. In some cases 1 provider. Trump is also addressing drug prices. Something everyone should be in agreement with.
You are incorrect. Rates are based on what insurance companies call the population. QThe actuaries take the population to be insured and using the law of big numbers, compute the cost to the insurer. With big enough numbers actuaries can project to a remarkable degree the cost to provide healthcare to the population. A population of old, sick people will have enormous rates. A population of young people will have much lower rates. A population of child bearing age women will have a much greater rate than an age equivalent population of males. These big numbers cover 85% of the cost of insurance. The remaining 15% of the cost is for administration and profit. This percent is mandated by Obamacare and ERISA, for employer provided plans, regardless of the number of insurers providing plans in any area. What competition does to the rates is influence at best 7 - 8%, probably closer to 1-2% of the costs. Either profits are reduced to get a competitive edge, or administrative costs are reduced, thus reducing service! But the basic cost to cover a population will be nearly the same for all ensurers. One national pool, with all adults in the pool, would mix a lot of young, healthy people in the pool with the aged, more sick, population. Thus the avg. cost of health care, and insurance, would be reduced. Trying to insure only folks needing healthcare will send any insurance plan into a death spiral as rates always rise to meet rising costs.
OK, so why did prices skyrocket when we added 20 million to the "pool".. here is a hint, because 1/3 of all counties in the US have "1" provider.
That is very simple to answer. The people that had pre existing conditions entered the pool as well as many other people who could not afford insurance in the past. At the same time, aS you can read anywhere, young people, in many cases did not get insurance until they needed it. EZ to explain that. I am not out to be confrontational with you, I just happen to know about health insurance. I hated it, but learned all about it. It was my second of three careers.
You cant have it both ways. Obama care added 20 million to the pool Pre-existing conditions are not the reason for huge deductible increases. It was because those 20 million were subsidized by people already paying for it. This new plan, the government will subsidize them which wont affect my premiums.
