Why I'm Going To Stick With My Now Unaffordable Health Care For A While
I tweeted to Mickey Kaus, a friend and pundit, about his thoughts on the issue in this blog post, which are pretty much stated in the title: "What Happens If I Change My Health Insurance Plan And Obamacare Gets Changed Or Repealed?"
Mickey posted his reply there, which is advice I think I'll take, though my health care has gone up untenably under the supposedly affordable Affordable Care Act, aka Obamacare:
Megan McArdle has a very good post on how the indicia of doom emanating from Obamacare make it more likely to actually be doomed because everyone is scared to sign up.My plan was grandfathered and I see no reason not to renew it (even if it costs more) until it's certain that the Obamacare policies work, including that they pay off. I think that means I'm unlikely to make the March 31st deadline! But I think I will have lots of company.
The bad thing is that if the ACA is repealed, the new premium that you are now paying will not revert back to its original level
Fayd at November 20, 2013 12:23 PM
Had Obama been a Republican the press would have done their jobs and reported the predictable disaster. In fact Republicans correctedlg predicted this and were denounced more than the ACA. Not that I think Republicans are our saviors, I'm just saying the press is failing us.
Trust at November 20, 2013 2:06 PM
The press isn't failing us. They failed us a very long time ago.
They actively cheerlead for Dear Leader.
Just look at how they report scandals, like the House member from south Florida who got busted for trying to buy cocaine in DC. "Blah Blah, Republican member of the House".
If the scandal causer has D after their name, you'll have to read 8 or 10 paragraphs to find out they're a Democrat. Like Filner in San Diego.
I R A Darth Aggie at November 20, 2013 3:16 PM
I am with Fayd on this: are they actually going to let you have your previously affordable insurance plan or are they going to let it be disappeared?
I am personally of the opinion that, now that the cat is out of the bag, the insurance companies are going to use it as an excuse to eliminate non-premium plans if not just to expedite a latter transition. Or paraphrased (but I can't remember by whom), "[the ACA] is not in place to make insurance affordable to the American people but it is there to make the American people affordable to the insurance industry."
coffee! at November 20, 2013 5:08 PM
Well even the Democrats are thinking about repeal now.
This Megan Mcardle piece talks about and where Congress and the insurance companies are having an issue:
Essentially if they can't get to the 7M by April 1 -- it is going to die in some form or fashion. For that matter if they can't get it together by December 15th, it is pretty much DOA already.
Jim P. at November 20, 2013 5:36 PM
Insurance companies are run by people. They are opportunistic, like the rest of us.
Give them access to a grasping, crony-Socialist like Obama, and they will line up to get more customers at higher rates. To do this, Obama and his fellow Democrat tyrants had to pass a law that requires everyone to sign up or pay a penalty, offering a limited range of plans. This is the govt giving monopoly power to insurance companies, under the slogan of providing health care for everyone.
The govt gets a hidden tax, payed by the healthy to support the poor and sick. The main point is that the tax is unbounded and hidden in the new insurance premiums, with profits to insurance companies and more power and campaign contributions to politicians.
But, remove ObamaCare and the monopoly, and then the insurance companies will return to competing for business. Insurance premiums will go back to what they were, as much as state meddling will allow.
Remember that health insurance is/was a highly regulated and distorted product, packed with required coverage for special interests such as chiropracty and accupuncture, arranged by corrupt state politicians.
The government has broken the free market in health care. Our policy makers have already designed a system of price controls that doesn't work. Their solution is to cover up this failure by blaming "the market". The "market" is short for the freedom of people to produce and cooperate among themselves, always delivering value and achieving efficiencies that government cannot match.
That freedom is what the government has taken and is taking away, in favor of higher hidden taxes and rationing. Our leaders have been buying votes with lavish promises of what the government will deliver. Their plan is to put us all in one boat, then make us pay for their promises to prevent that boat from sinking.
Obamacare Bails Out Medicare.
brainyquote dot com/quotes/quotes/a/adamsmith136391.html
Brainy Quote
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Adam Smith: It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
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Andrew_M_Garland at November 20, 2013 11:18 PM
"Had Obama been a Republican the press would have done their jobs and reported the predictable disaster."
I know! It didn't even rate a mention by Fox News, I had to go to this list of 259 conservative news talk shows and hosts to find anything on the subject at all!
http://tunein.com/radio/Conservative-Talk-c57917/
Damned liberal media. Did you know Jon Stewart is on the air 4 hours a WEEK!?!
Gog_Magog_Carpet_Reclaimers at November 21, 2013 7:21 AM
Trust: "...I'm just saying the press is failing us."
The press is not just failing us. It's colluding with the political con artists and gangsters who are screwing us.
Ken R at November 21, 2013 7:56 PM
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