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Originally Posted by Danzig
http://online.wsj.com/article/SB1000...p_mostpop_read
The best and most rigorous cost analysis was recently released by the insurer WellPoint, which mined its actuarial data in various regional markets to model the Senate bill. WellPoint found that a healthy 25-year-old in Milwaukee buying coverage on the individual market will see his costs rise by 178%.
Yet some 98% of the total cost comes after 2014—remind us why there must absolutely be a vote this week— and most of the taxes start in 2010.
The truth is that no one really knows how much ObamaCare will cost because its assumptions on paper are so unrealistic.
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How else would you expect the healthy to subsidize the unhealthy et al.
and this is a scheme that would make Chas. Ponzi proud! A good portion of that 95% that supposedly starts after 2014 will actually start in 2019. By that time some of the people who will pay for the program will be long gone.