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

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?

---

Go back and read through the thread. My statement was that the costs (premiums) in the future will go down for the ACA pools...this is because the first people into the pools are the most unhealthy and as more healthy people get in the cost (premiums) will go down.

I believe that you are not taking a look at the entire picture here. There are a lot of single payer type systems in industrialized countries around the rest of the world that would belie the conclusions you have reached. Survey after survey has shown that the overall yearly costs of those programs are much less than what is spent here, now, in the US.