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re: Does the Affordable Care Act allow premium variation by age groups
Posted on 11/21/15 at 6:45 am to Hankg
Posted on 11/21/15 at 6:45 am to Hankg
quote:
You can't cover everyone with insurance, get rid of pre-existing conditions, etc and make the cost go down. It's just not possible. Anything the gov't gives to one person had to be taken from som
Nah-ahh, you can make it cheaper, better, and give free medicine to everyone. It's the big, bad evil corporations' fault that everything costs so much. Big Insurance, Big Oil, Big Universities, they just wanna make money. Everything should be free. I should get paid more, but no one else. If anyone tells you different, it's just drivel.
Posted on 11/21/15 at 6:47 am to Bestbank Tiger
quote:
There's also the actuarial value of the plan.
Actuaries can come up with whatever number you want them to hit
Posted on 11/21/15 at 6:56 am to Mr.Perfect
My premiums started rising at ridiculous rates long before ACA. Your location affects things tremendously. In GA rates are high for health, auto and home.
Posted on 11/21/15 at 7:13 am to Nuts4LSU
quote:That's because you were paying more than people in other states. Some states were paying much higher premiums than other states. So a few states had decreases while the majority of the states had huge increases.
Mine was cut by almost half, and for much, much better coverage...with the same insurance company I had before.
Posted on 11/21/15 at 7:15 am to tigersbb
There's nothing affordable about all that.
Posted on 11/21/15 at 7:17 am to el Gaucho
quote:
The emergency room is free
Not really.
And don't clog up the ER with all the scratchy throats or itchy private parts.
Posted on 11/21/15 at 7:18 am to Boss
quote:3% on average doesn't seem so ridiculous now compared to how much they are going up. Add to that not only are the premium increasing the deductibles and copays are increasing too.
My premiums started rising at ridiculous rates long before ACA.
Posted on 11/21/15 at 9:36 am to tigersbb
Obamacare requires community rating that limits the difference in premiums due to age of participants. The young, and presumably healthy, pay more than they would without Obamacare rules.
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