Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

[revert_jen]

Precisely. Obama’s policies have helped the very rich, mired the poor in stagnant and inefficient programs that give them subsistence but few opportunities but the Middle Class is truly stuck between, making too much to obtain subsidies but too little to buy an equivalent policy or worse losing their insurance when their employer cuts hours or benefits

And perhaps some people in the middle class don’t want to get subsidies even if they could, but would rather choose what they can afford and pay for it.

I have a couple of friends who are stuck in that. They don’t want to take money from the government, but their health insurance has become so much more expensive that they’re not sure they can avoid it.

–Jen

 

[LisaA]

And perhaps some people in the middle class don’t want to get subsidies even if they could, but would rather choose what they can afford and pay for it.

I have a couple of friends who are stuck in that. They don’t want to take money from the government, but their health insurance has become so much more expensive that they’re not sure they can avoid it.

–Jen

Exactly what happened to some of my friends who have a small business and individual insurance. One was so upset because her premiums had gone up and she did qualify for the subsidies but said why when she had perfectly good insurance that she could afford, that they were forcing her to take a policy that was more expensive, didn’t cover what she needed (she’s my age and not having any babies or needing birth control!) but she had to take government subsidies to even pay for it.

Just another way of making people beholden to the government and getting control over their lives.

 

[zz912]

Obamacare is costing way less than expected

…because far fewer people are actually using as was projected.

Only could a failure of such epic proportions be portrayed as a success.

 

[zz912]

Exactly what happened to some of my friends who have a small business and individual insurance. One was so upset because her premiums had gone up and she did qualify for the subsidies but said why when she had perfectly good insurance that she could afford, that they were forcing her to take a policy that was more expensive, didn’t cover what she needed (she’s my age and not having any babies or needing birth control!) but she had to take government subsidies to even pay for it.

Just another way of making people beholden to the government and getting control over their lives.

I wish I could purchase an actual INSURANCE policy and not the health care plans we are forced to buy from Obamacare. A catastrophic insurance policy would be very cheap, and we could pay for any dr visits out of pocket (we rarely go). So it would be FAAAR better for my family to have freedom and not Obamacare.

 

[LisaA]

Obamacare is costing way less than expected

Remember the promise that it would not “add one dime” to the deficit? And how about the costs to Americans who have lost their policies, lost their jobs, are paying much more for less? There are more costs than just the out of pocket to the government…money extracted by force from working taxpayers. That should be factored in.

Further as I have asked every single Obamacare supporter (and never received a good answer) why weren’t the billions of dollars wasted on websites, ads, administration, legal expenses, litigation, bureaucrats, rent, lights and all the other costs of Obamacare spent giving people MEDICAL CARE? The dirty little secret is that Obama"care" has not provided any CARE to anyone. It has provided a nice living for government workers, attorneys, website designers, and advertising agencies. Many trees have been sacrificed to this cause as well.

But what about just giving people medical CARE? How come that wasn’t done?

 

[Zzyzx_Road]

two remarks:
Health care is mostly about you getting someone else to pay for your care. Goes double if you have bad habits. While that someone else tries to get you to pay for them. So if everybody is paying for everybody else all the way down to the office visit co-pays, of course premiums are going to rise while at the same time, most people aren’t getting more for their money than they used to, they’re actually getting less.

Used to be in the olden days, a family’s health care dollars mostly went to actual care. The doctor and his nurses. Maybe a receptionist who doubled as the cashier. Insurance, if it existed, was for catastrophic events only. Now every health care dollar spent has far less going directly to patient care than it ever did. Increasing amounts of that dollar go toward the billing staff the doctor must now maintain, toward the hospitals, toward the big pharmaceutical companies, toward government agencies, toward the insurance companies and their staffs interacting with all of the other players. That last not just for handling the billing but also for malpractice insurance. In other words, we have a great many more people with their fingers in the pie. And they all have to get paid, not just the doctor, the surgeon and their nurses and therapists who actually looked at you.

 

[ProVobis]

two remarks:
Health care is mostly about you getting someone else to pay for your care. Goes double if you have bad habits. While that someone else tries to get you to pay for them. So if everybody is paying for everybody else all the way down to the office visit co-pays, of course premiums are going to rise while at the same time, most people aren’t getting more for their money than they used to, they’re actually getting less.

Probably true of insurance in general. Insurance companies don’t make money on those who make claims so it behooves them to sign on as many as possible who aren’t inclined to make those claims. IOW, they have to be deceived someone into paying for others’ misfortunes, though they never will know that when they sign on.

 

[otjm]

Probably true of insurance in general. Insurance companies don’t make money on those who make claims so it behooves them to sign on as many as possible who aren’t inclined to make those claims. IOW, they have to be deceived someone into paying for others’ misfortunes, though they never will know that when they sign on.

Deceived?

Let’s play with a few numbers.

Assume at age 22, I have to get insurance, and through an employer, my contribution is $500/month (we are going to average over 30 years)

In 30 years, age 52, I have to have surgery, which amounts to $60,000.

At age 52, I will have paid in $500 x 12 months x 30 years, or $180,000.

How is anyone paying for my surgery? They are not. Some may have had medical issues which, by age 52, have cost more than the same $180,000, and others in good health will not have paid anything. But out o0f the pool of money, risk is spread over a number of people rather than carried individually; and anyone buying insurance is not being deceived; they have at least some minimal knowledge that if they get caught in a medical problem , that the insurance is going to cover whatever was in the policy, according to its terms.

Even not very smart people can understand that concept.