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re: So I got my letter from my healthcare company

Posted on 4/1/14 at 6:25 pm to
Posted by Alahunter
Member since Jan 2008
90739 posts
Posted on 4/1/14 at 6:25 pm to
quote:

ftr, this is how insurance works


No. It's not. Insurance calculates risk and puts people into categories and adjusts prices based on this. Obamacare strips that completely away and that's why you have the shitshow going on now.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 4/1/14 at 6:30 pm to
quote:

No. It's not. Insurance calculates risk and puts people into categories and adjusts prices based on this. Obamacare strips that completely away and that's why you have the shitshow going on now.


No, its really how insurance works, pooling of risks.

Obamacare's problem is they are trying to engineer this complicated system to promote certain goals. The more complicated the system the more distorted the results are. Look at our tax code.

Single payer would have been much more straightforward and less of shitstorm, this is like single payer while offering private companies the ability to participate.

It just too complicated and too many disincentives.
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