Many people interviewed on TV talk about the fact that they cannot afford their health insurance. What needs to be realized, is that these people are beyond health insurance, they can’t afford to pay for treatments they already need. Insurance is a concept of paying in small amounts for services you will need later and be able to pay for them fully over time.
Obamacare works if everyone is taxed for health care and pays into the system. The trouble is, that is not the way it is functioning. If you make no money as far as the Federal government is concerned, you avoid the tax all together. If your income changes, your health insurance costs change. Most people between the ages of 18 and 40 really don’t need health insurance (i.e. the most they would normally pay for health care treatment, is probably half of what their health insurance premiums would be). Figure average premium at about $300 per month extended out for about $3,600. Women look at this a tad different with child delivery. Why should a baby delivery cost 10K? -- ask a lawyer.
With Obamacare, many people presently cannot pay their medical bills and maintain their accustomed standard of living. These people want the program. Then there are those that have a pretty good idea that they need insurance, those over the age of 50 to the age of 65. Then we have those covered by an employer work sponsored program, where the employee pays part the employer pays the rest. In reality, the employee pays it all. What we have in the middle are a lot of people in the 18 to 50 age group that have no insurance at all or are employer insured. They really won't consume health care services, they are healthy.
Most people don’t buy car insurance because they need it, they buy it as a condition of the bank loan that they have made with their lender. Many buy it to comply with the law, but in some areas of Los Angles, half the people are driving without insurance. I’ve driven 30 years without an accident until last year and it was only a $1,500 fender bender that wasn’t even my fault. Over that same time, I spent probably close to $25,000 in auto insurance. On the other hand, I knew a person who had no auto insurance that had her car stolen, $12,000 went poof. If that’s all that happens to her in 30 years, she’ll be $13,000 ahead of me in the amount paid out.
The new health insurance is invisible to the 18 to 50 crowd. There are people in this group that are always cited by Obama as examples of those who need health insurance, like kids and single mom's. Give it a moment of thought, this group of people already know the cost of what they need and it falls outside of the realm of what they can afford or want to pay. Obama’s health insurance goes a long way to cover it by forcing the healthy to contribute to a plan they really do not need. The trouble is, the healthy are not waiting in line to sign up for it especially when the deductible is about $5,000.
The number of new cash paying customers that have opted to enroll in plan is the real issue. Did the numbers go up? I think not. There is still a tremendous number of people not enrolled in Obamacare. Open enrollment is for the people who have gotten really sick after the last open enrollment closed.
If you are young, without insurance, Urgent Care is where you go, show them a credit card and you might wait 15 minutes. Plus you know the total cost right then and there.
I'm sure that after winning a Nobel peace prize Obama believes that only he, knows what's best for our country, kind of makes you wonder who is in charge of those awards. Another Nobel prize winner was the doctor that perfected the ice pick lobotomy---I'd imagine that's the quickest way to turn a Republican into a Democrat, short of taxing them to death, and it's probably a covered procedure under Obamacare. Has anyone asked how much the "free" part of Obamacare is costing? Of course not, the government is paying for it- whoever that is.