"What most people forget is who is paying for this. It's not free...."
No, it's not. Certainly the people who ARE paying for it won't forget. It's just another entitlement program that will need to be dismantled sooner or later. I don't even understand the model for it. You are telling people that couldn't afford health insurance before that they MUST enroll in this program or pay a fine. This fine isn't much this year ($95 per adult or a max of $285 per family, or 1% of income), but it quickly escalates to $695 per adult and $347.50 per child, with a maximum penalty of $2,085 for a family or 2.5 percent of family income, whichever is greater, in 2016. And this is the guy that supposed to be helping the middle class???
Let's talk about enrollment. In MI, the Bronze policies run around $300/month, have a 40% co-pay, and around a $5K deductible. So in a year's time you will pay $3600 in premiums, another $5K getting to the deductible before you get any benefit at all. $8600 before there's any benefit, after that you still pay 40% of everything. The only people that will benefit from this are people with pre-existing conditions. I have no idea how many those are, but look at it from a providers stand point, I need a whole lot of young people to sign up that won't use the policy to make up for the people with pre-existing conditions. Not going to happen.
Then, in their infinite wisdom, they stick a tax on all new medical equipment which will only serve to RAISE the cost of medical care. Does that make any sense at all??
Look at just one fact. If it was good, the president and his staff and all of congress would be jumping onto this health care plan. They are not. This fact alone says Obamacare is not good., plus it is not fair. Politicians should be subject to the same laws they pass for non politicians. Revolution is at hand.
Just had my first shock on federal health care. My wife and I are both on medicare. My optometrist does not accept medicare or Medicaid patients. She says she loses money from both programs.
I am afraid there are going to be many people shocked at what is developing in the medical world. You may have to be a Rockefellow to afford medical treatment.
Obamacare provides that children can stay on mom and dad's insurance until they are 26. There is a
cost to this coverage and some employers have funded this cost by ending coverage for employee's
Obamacare provides that insurance applicants be sold insurance regardless of preexisting conditions.
This provision, as totally ridiculous as it is, cancels any need for buying insurance. Why pay a premium
when you are healthy and not in need of health care? Why not just pay the penalty?
For Obamacare to work, young, healthy people have to enroll and pay premiums that are higher than
they would have had to pay prior to ACA. Because ACA requires employers with 50 or more employees
to provide coverage for full time employees (who work 30 hours or more) employers strive to have fewer
than 50 employees and to get by with part time employees (work 29 hours or less). ACA necessarily
reduces demand for labor and reduces the work week for many to 29 hours.
Young people are already burdened with a slow economy and a businessman's labor market. Many are
up to their eyebrows in student debt. They are already paying the freight on Social Security and Medicare.
Many are being treated to a 29 hour work week.
Obamacare requires that insurance be carried for coverage that many don't need. Modern family planning
being what it is, do 60 year old folks need maternity care? There are probably many more required
coverages that many would skip on to reduce premiums if there was a choice.
Small family practice operations will have a very hard time understanding and complying with ACA
requirements. Large clinics and hospitals will have a team of specialists sorting through the details
and extracting maximum advantage if there is any. Many aging doctors will choose to ride off into the
sunset. ACA will add many new patients many of whom are not following the healthiest life styles,
add costs, provide no new staff and an army of IRS enforcers.