Quote:
Originally Posted by Villages Kahuna
I don't know all that's in the ACA, I haven't read it.
What I do know is this... - If ACA is repealed, about 30-40 million Americans will return to being uninsured. They will still get healthcare, of course, at hospital emergency rooms. Because the hospitals will have no source of payment for their services, they'll pass them on thru increased fees for service to those who are insured. The insurance companies will pay these claims and pass their increased costs on in the form of increased premiums.
- The Medicaid provisions of ACA will be lost. Tens of millions of indigent citizens, mostly seniors, will have no health insurance or source of payment for either care or housing. The effect on insurance premiums will be the same, for the same reasons, as the above example.
- The whole system of insurance exchanges will be scrapped, leaving the current non-competitive situation where one company typically dominates insurance issued in each state. There will continue to be little competitive pressure to rein in premium increases.
There are probably lots of other improvements contained in the bill that will also be lost. There are also many significant improvements needed, improvements that Congress should be working on now. Like the inclusion of tort reform provisions...oh, forgive me, I forgot about the trial lawyers' lobby.
In summary, what I do know is that if people are concerned about skyrocketing premiums on their healthcare policies, the last thing they should desire is the repeal of ObamaCare without a well-thought out alternative. |
I am not sure if this is a post lauding this law and all its economic trickery or a criticism of Romney for wanting to fix it.
You are right...insurance costs WILL skyrocket...and again...not sure if you are angry at the guy who made this disaster happen or the guy who wants to fix it.
I understand reality but there are folks on this forum who think this is paid and done for and never to be heard from again. Just enjoy the good stuff and they never ever mention how it might be paid for. THAT to me is a mystery how someone can be concerned about the deficit and spending and not even mention this law in the same breath. I think, not sure, it is about 20% of our economy !