So now under Obamacare even more people have unaffordable premiums even though they have always been in good health. In typical Liberal fashion they are "sharing" the misery of unaffordable health insurance with the middle class. Mine was pretty stable for years @ $350 a month $2K deductible, now under Obamacare it is $1,250 a month with a $7K deductible.
Originally Posted by goodolboy
A bit of history. Reagan signed into law
The Emergency Medical Treatment and Active Labor Act which put the costs on local Hospitals.
https://en.wikipedia.org/wiki/Emergency_Medical_Treatment_an d_Active_Labor_Act It was the original Obamacare. We have been running up huge debt trying to pay for this. Obama attempted to find a more efficient way. Unfortunately Congress did not work together to come up with something like France or Germany has.
Insurance for many has been cheaper than the market because of government subsidies , if your employer was probably giving insurance with you not paying tax on that income. That is a government subsidy.
There are so many loopholes....but think of insurance like say Flood Insurance. No private company want to write that policy so the government is in the business of Flood Insurance. It costs no where near market price because the rest of the country subsides the cost. Those houses along the coast are paying little of the true costs a subsidy for the rich/middle class (poor people do not own beach front property). In health insurance....Obama shifted the subsidy from the middle class to the poor. If it went back to how it was, we still would have a huge healthcare problem....as in who pays for the poors health coverage? Do you repeal Reagan law as well?