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Originally Posted by Guest
AARP, a group that advocates for senior citizens and other older Americans, shares her concern. The organization sent a letter to Congress yesterday saying the proposed bill would "dramatically increase health care costs for Americans aged 50-64."
Many seniors could face a significant increase in health care premiums, since insurance companies will be allowed to charge seniors five times as much as for younger people for a comparable plan. Under the current Affordable Care Act (ACA), insurers are limited to charging three times as much. The tax credits proposed in the AHCA, which would be dispensed mainly on the basis of age and income, would be smaller for older Americans compared with under the ACA, making insurance even more expensive for them.
"Taken together, premiums for older adults could increase by as much as $3,600 for a 55-year-old earning $25,000 a year, $7,000 for a 64-year-old earning $25,000 a year and up to $8,400 for a 64-year-old earning $15,000 a year," AARP said in its letter. The group said a typical senior seeking insurance on a state exchange has an annual income under $25,000.
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How much has the cost of healthcare gone up? The cost of an operation is higher now...an office visit costs more. EVERY part of healthcare costs more now than when we started making insurance payments. People use an average of $1 million in healthcare costs in a lifetime. That's 80 years, 960 monthly payments, of over $1000.
You could buy a car with very low payments in the 1960s...you can't get a NEW car today for that same payment because cars cost more today. Same with health insurance...the cost of healthcare has skyrocketed, the premiums must too.
Obamacare, subsidizing 50 million poor people, IS causing YOUR premiums to go up even more. You're getting the normal price inflation PLUS picking up a $ multi-billion albatross around your neck. We decided to support them...now we're stuck with ever increasing costs.
Should we all provide healthcare for everyone with NO responsibility on their part? They can be obese and slovenly, participate in dangerous activities...and WE pay 100% of their healthcare? The POOR, living on foodstamps and subsidized housing...ISN'T paying a cent for healthcare...we are.
It comes down to cost...CAN society afford to cover everyone, many for free, when it costs over $1000 a month per person?