The policies in question may or may not cost the consumer more, because the taxpayers are picking up the balance. That means the real premiums are HIGHER!
Assuming Fluffy is right (I know! Lol!) that means more people are being covered, at higher prices. If that is the case, why aren't medical providers making more?
Hmmm . . . More money to insurance companies, less to medical service providers. So who is making all the money? Uh oh.
Originally Posted by CuteOldGuy
COF, you are completely ignorant of basic insurance underwriting, probability and risk concepts. In the individual market the health insurance companies(Atena, Wellpoint, BSBC, Humana and others) have to take on more risk. They can't deny coverage to people with pre-existing conditions. Before the ACA they could and they did. See the link below. The people with pre-existing conditions are going to be submitting claims sooner rather than later. In the mind of the underwriter, people with pre-existing conditions are already sick. The health insurance companies are just hoping to break even in the individual market. The whole point of the ACA is to get more people insured, not make the health insurance companies richer. Why is United Health Care not selling policies on government exchanges? Because they don't want to take the risk of insuring high risk people. Just how does a medical service provider make money when they have to care for some one who is not insured. Reagan put the rule in the 80's that emergency rooms can't refuse to treat someone who is not insured. Go back and read the first link. There is one analyst who thinks Wellpoint is going to lose 230 million dollars selling policies on the government exchanges. Everything depends on how many low risk people get a health insurance policy on the government exchanges.
Here is an example of a person with a pre-existing condition (cancer) who was constantly denied health insurance before the ACA.
http://www.cnn.com/2013/11/21/opinio...iref=allsearch