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re: CBO: Obamacare will have lower premiums, insure more, and cost government less

Posted on 4/16/14 at 1:33 pm to
Posted by Flame Salamander
Texas Gulf - Clear Lake
Member since Jan 2012
3044 posts
Posted on 4/16/14 at 1:33 pm to
quote:

Here is an article from today's Politico that pretty much cements my comments. Those comments run counter to very recent comments made by many of the same parties. Again, the proof will be in consumer pocketbooks and in the voting booth. As the employer mandate hits, rumor has it that prices are set to escalate. At the same time, up to 40 million additional consumers will be tossed into the Exchanges like last week's detritus. We'll see then how "cemented" your comments are.


Indeed, we will see...give it some time.

But, as I said in an earlier post, big businesses are embracing the ACA and want it to succeed. That Link clearly showed that. The simple physics of economics dictates that as more people get "in" the cost will go down.

Give it some time.

Some people still can't understand that our big companies want to have the onus of providing healthcare off of their individual backs. They want some form of the ACA to succeed. It would make them more competitive in the world market. This should be the handwriting on the wall for all of the doubters.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124657 posts
Posted on 4/16/14 at 1:47 pm to
quote:

Indeed, we will see...give it some time.

But, as I said in an earlier post, big businesses are embracing the ACA and want it to succeed.
Factually wrong! Again!

The businesses wanting Obamacare to succeed are generally those wanting to drop healthcare coverage for their employees. Period.

. . . . and when THOSE BUSINESSES succeed, here's what's coming:
quote:

How Obamacare Leaves People Without Doctors
by Kathleen Miles
04/10/2014


LOS ANGELES - In January, a doctor told Noam Friedlander, who was suffering from excruciating lower back pain, that she needed surgery to remove part of a severely herniated disc. Friedlander had Blue Shield insurance through Covered California, California's version of Obamacare, and planned to use it to cover the costs of the operation.

But when she started to call surgeons covered by Blue Shield, she ran into a roadblock. Surgeons who were covered by her insurance operated out of hospitals no longer covered by her insurance -- or vice versa. Friedlander spent days on the phone, hours on hold, making dozens of calls across Southern California, trying to match a surgeon with a hospital that would both be covered. In total, she reached out to 20 surgeons and five hospitals.

"No one could help me. Some expressed sympathy," Friedlander, 40, told The Huffington Post in an email. "They told me, 'I'm so sorry -- it's all just so new. You're a victim of the changes. No one knows what they're doing.'"

Unable to match a hospital and a surgeon that were both covered, Friedlander started haggling between doctors for a cash price for the surgery. She chose a surgeon who wasn't covered by her insurance but who operated in a hospital that was covered. She expects her insurance to pay the hospital bill, but she had to pay for her surgeon's bill herself. In the end, she had to take out two credit cards so she could pay $16,000 out of pocket.

LINK
BOHICA baby! The "Exchanges" await!
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/16/14 at 1:54 pm to
quote:

The simple physics of economics dictates that as more people get "in" the cost will go down.

oh for christ's sake

here's a "college econ" question- what happens to the demand curve for health services when more people receive health benefits? what happens to the price level of the service in that case?
This post was edited on 4/16/14 at 1:55 pm
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