''I was all for Obamacare until I found out I was paying for it"

[geeker2]

my premium went up
my deductible went up
my co-pay went up

what's not to like?

[Rupert Pupkin]

There is something I don't understand. They say that the penalties for not having insurance are not that high. So it seems like the smart thing to do is to not get insurance. Instead, just wait until you get really sick, then get insurance. Since they can't turn you down for a pre-existing condition, don't get insurance until you are really sick and need it.

What would prevent a person from doing that?

[jms62]

Originally Posted by Rupert Pupkin

There is something I don't understand. They say that the penalties for not having insurance are not that high. So it seems like the smart thing to do is to not get insurance. Instead, just wait until you get really sick, then get insurance. Since they can't turn you down for a pre-existing condition, don't get insurance until you are really sick and need it.

What would prevent a person from doing that?

Nothing but what happens if that "Getting Sick" happens real fast like an emergency situation where the tab starts immediately.

[Danzig]

Originally Posted by Rupert Pupkin

There is something I don't understand. They say that the penalties for not having insurance are not that high. So it seems like the smart thing to do is to not get insurance. Instead, just wait until you get really sick, then get insurance. Since they can't turn you down for a pre-existing condition, don't get insurance until you are really sick and need it.

What would prevent a person from doing that?

a catastrophic event?
look, if we all knew when everything was going to happen, we wouldn't buy any insurance til we needed it. and when you apply, it doesn't start immediately. those getting into the program now won't be covered til jan 1.
the trick is, none of us know any of that. it's just like the koch brothers telling younger people, you're betting off paying the fine. no, you're not. no one is better off not having it, because eventually everyone will use medical care. i'm appalled that anyone would tell anyone 'you don't need it'. hell, many won't need social security-you going to tell people not to pay into that, too? what would that do to ss?

[Alabama Stakes]

Originally Posted by Rupert Pupkin

There is something I don't understand. They say that the penalties for not having insurance are not that high. So it seems like the smart thing to do is to not get insurance. Instead, just wait until you get really sick, then get insurance. Since they can't turn you down for a pre-existing condition, don't get insurance until you are really sick and need it.

What would prevent a person from doing that?

redboard on insurance.....that's rich. lol.

[Rupert Pupkin]

What they should do to make sure people don't take advantage is to only force the insurance companies to take people with pre-existing conditions for a limited time. For example, they could force companies to take people with pre-existing conditions until 2015 and not after that. That way at least there would be an incentive for healthy people to get insurance while they're still healthy and able to get it.

[jms62]

Originally Posted by Rupert Pupkin

What they should do to make sure people don't take advantage is to only force the insurance companies to take people with pre-existing conditions for a limited time. For example, they could force companies to take people with pre-existing conditions until 2015 and not after that. That way at least there would be an incentive for healthy people to get insurance while they're still healthy and able to get it.

You are trolling with this right?

[Danzig]

Originally Posted by Rupert Pupkin

What they should do to make sure people don't take advantage is to only force the insurance companies to take people with pre-existing conditions for a limited time. For example, they could force companies to take people with pre-existing conditions until 2015 and not after that. That way at least there would be an incentive for healthy people to get insurance while they're still healthy and able to get it.

[Rupert Pupkin]

Does anyone know how this thing works with regard to pre-existing conditions? The only thing I know is that they can't turn you down due to a pre-existing condition. But how much would insurance cost a person with a serious condition? Qould it be way more expensive than for a healthy person? For example, if a person has cancer and they don't have insurance and their treatments cost $80,000 a year, how much would their premium be if they tried to get insurance? How could an insurance company afford to sell this person a policy for $500 a month, if they know the treatments are going to cost $80,000 a year? Insurance companies are businesses. They're not charities.

[Danzig]

the individual mandate was imposed to keep an even keel. it was the compromise to forcing insurers to no longer ask/decline due to pre-existing conditions. presumably adding younger and healthy policy holders will keep insurance companies from going under because they have to take on higher risk customers as well.
another plus-if everyone has insurance, it's felt that hospital bills will decrease, as they won't have to charge huge rates to help pay the bad debt of those with no ability to pay, another positive for insurance companies.
far as i know, the only thing they can charge more for is tobacco use.
however, the health insurers used to use five different age bands to set rates. now it's only three, which puts the younger at a disadvantage, they won't get a rate break, but will be in with older people than before.

of course, many things work in theory, on paper. in practice? that remains to be seen.

[joeydb]

Originally Posted by geeker2

my premium went up
my deductible went up
my co-pay when up

what's not to like?

LOL - at least they CALLED it the "AFFORDABLE Care Act..."