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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
Posted by The First Cut
Member since Apr 2012
14817 posts
Posted on 11/21/15 at 6:45 am to
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 by Mr.Perfect
Louisiana
Member since Mar 2013
17615 posts
Posted on 11/21/15 at 6:47 am to
quote:

There's also the actuarial value of the plan.


Actuaries can come up with whatever number you want them to hit
Posted by Boss
Member since Dec 2007
1883 posts
Posted on 11/21/15 at 6:56 am to
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 by La Place Mike
West Florida Republic
Member since Jan 2004
31789 posts
Posted on 11/21/15 at 7:13 am to
quote:

Mine was cut by almost half, and for much, much better coverage...with the same insurance company I had before.


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.
Posted by MBclass83
Member since Oct 2010
10394 posts
Posted on 11/21/15 at 7:15 am to
There's nothing affordable about all that.
Posted by MBclass83
Member since Oct 2010
10394 posts
Posted on 11/21/15 at 7:17 am to
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 by La Place Mike
West Florida Republic
Member since Jan 2004
31789 posts
Posted on 11/21/15 at 7:18 am to
quote:

My premiums started rising at ridiculous rates long before ACA.
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.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 11/21/15 at 9:36 am to
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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