Quote:
Originally Posted by Guest
When the ACA was rammed through the system one of the predictions of rising costs is now beginning to show it's ugliness.
These insurance companies have been adding people as directed by the ACA. These additional people add to the number of incidents that need to be paid for by the insurer. As the losses get to a point where they are no longer able to offset or sustain the losses the only options they have are to discontinue/go out of business (which some have done) or raise prices, which we will all see.
It was forecast the ACA was significantly under estimated in cost impact to make it saleable.
That is over.
News from The Associated Press
The cheapest and best quality health care are what you have today and the prices will continue to rise and the quality and availability of the care will continue to deteriorate.
To all who think it was a good deal you were right for a couple of months. Congratulations on your new no longer affordable health care!!! |
The ACA was passed on March 23, 2010. That is actually more than a couple of years.
https://www.washingtonpost.com/busin...P_gallery.html
Take a good look at the rate increases before the ACA. You think the health insurance companies increasing their rates is a new thing.
Haven't the Republicans been trying to stop the penalty for not having health insurance? What did the insurance company say in the article? People are signing up for coverage, when they incur a large medical expense. That is what the Republicans encouraged, so they could justify trying to repeal the ACA.
Isn't it easier to fix the law rather than repeal it, because of who proposed it?