How Is Obamacare Working Out for You?

[GenuineRisk]

Originally Posted by dellinger63

Making young, healthy people and healthy people in general pay more than their fair share is what is keeping this afloat. Especially when young healthy people are no longer able to purchase inexpensive, catastrophic policies that were completely adequate w/o being subjected to the 1% and growing fine imposed for not having what the government considers proper insurance.

Completely adequate until they get leukemia or cancer or Crohn's Disease and then the government has to pay for them because no health insurance company wants customers with chronic illness. My formerly healthy, non-smoking mother died of breast cancer at 35, Dell. If my father had not had health insurance through his job her death would have bankrupted us.

Yes, people who don't use insurance having insurance is what makes insurance work. That's why insurance companies don't want to insure people in flood zones and the government has to do it.

The problem is that we view health care as an insurance product at all. But as the defeat of Prop 45 showed, health insurance companies see great value in keeping the status quo as unchanged as possible, and they'll spend a lot of money to that end.