<p>Many people who are uninsured dont know the costs. Dont even know about subsidies.</p>
<p>Many young people dont know they can buy insurance for under $100 a month. Under $50 a month.</p>
<p>I thought it had to be 40 percent in the 18 to 34 group to be stable. </p>
<p>Guitar guy in the link was paying 200+ until his buddies told him about this great deal for $7.50. He was affording it. all by himself. Impossible. </p>
<p>
</p>
<p>People keep saying that, but there is no reason to believe it. </p>
<p>Here’s what it takes for premiums to be “stable,” where stable means they go up as the cost of health care: Insurers have to have guessed right about the mix of signups.</p>
<p>Now, did any insurer guess that 40% of their enrollees would be in the 18-44 age group? No, they did not, because Fang’s Razor: they are not idiots.</p>
<p>In an indirect way, Obamacare saved us a lot of money. I was always very nervous about the caps that our family insurance had. So many bankruptcies were caused by people who had insurance but a family member with a medical condition used up the cap, then all the family asserts. Consequently mu H and I both bought family plan so that at least we doubled the cap. </p>
<p>Once Obamacare eliminated the caps, we got rid of two family plans and now only have to buy one. I don’t remember the exact savings, but it was around $1,900 or so. </p>
<p>People keep saying that, but there is no reason to believe it</p>
<p>True. The administration set that as the benchmark for sustainability.</p>
<p>There’s a nifty web sit with success stories, but I’ll resist.
The 40% was a number for the purposes of moving forward with other calculations. This stuff is not unusual. </p>
<p>And no, an old Washington Post article is not sufficient in the context of the discussion now. All you have to do is check the states shown and see if the prediction held. Not send ds off to do it.</p>
<p>TatinG, I know people say you need 40
Of the signees to be young and healthy for ACA to work, but like many things in life , what we read is false.</p>
<p>You can google the 40 percent number along with rhe Kaiser Foundatuon or Commonwealth and these organizations will explain why this is false. I already explained this too. The bottom line is young people’s premiums are too low to have a dramatic effect on rates. At the percentages we see now, maybe rates would go up 2.5 percent. Except we have the risk corridor so the rate increase can be less.</p>
<p>Dont get me wrong. We need healthy people to sign up. The more… The better if you want ACA to succeed.</p>
<p>If. 1.1 million uninsured become newly insured , ACA is going to have a lot of problems. We are passed that. You can read Avik Roy or another article in Forbes. There are experts that say the sign ups are large enough. </p>
<p>Tating, my napkin is very good. :)</p>
<p>I am using McKinsey’s surveys because i know many of you love those surveys. ;)</p>
<p>Besides talk, show me numbers that show I am wrong. </p>
<p>Hayden, interesting. I bought my kids two plans for years because they were going to school out of state,</p>
<p>I never thought about buying two family plans.</p>
<p>LF, I was going to post success stories too but we arent going to change any minds.</p>
<p>I.1 million… :).</p>
<p>@dstark: Oh gosh this thread is a drug…I LOVE your 3Million capital gains friend. Somehow we ALL need to figure out the loopholes and work the system…give them an Atta boy/girl from me…(ps…1031 starker exchanges are the boss!) :)>- And, I don’t envy ‘them’ I aspire to ‘be’ them…</p>
<p>I dont envy him or aspire to be him. I am happy being myself. :)</p>
<p>It is 20 million in cap gains… Dont short change him. :)</p>
<p>I love how people who work the system complain about others getting tiny little subsidies. :)</p>
<p>Ah dstark, I’m not ready to stop on the self improvement project…soon probably…but not quite yet…I’ll be sure to keep an eye out to make sure we don’t hit that cap gains max…</p>
<p>Whatever…</p>
<p>
I think it’s more of a tug-of-war. A significant portion of the uninsured didn’t have any desire to be and the motive for bringing them in wasn’t altruism, much as it’s been reported to be.</p>
<p>The mandate that isn’t really a mandate doesn’t seem to be bringing them to heel, that’s for sure, and signs are that next year’s premiums are going to look a lot like this years… except for that Saturn 5 tied to their butts.</p>
<p>In Texas, there might be a Saturn 5 tied to some butts. State is losing a lot of money by its actions. </p>
<p>State rights. Texas has the right to p…away billions.</p>
<p><a href=“Home | Commonwealth Fund”>Home | Commonwealth Fund;
<p>“After taking into account federal taxes paid by state residents, states with the highest net losses include Texas, which will see a net loss of $9.2 billion in 2022; Florida, which will lose $5 billion; Georgia, which will lose $2.9 billion, and Virginia, which will lose $2.8 billion.”</p>
<p>Thanks for the money. </p>
<p>We are happy to support those free spenders in other states!</p>
<p>:)) …</p>
<p>“I never thought about buying two family plans.”</p>
<p>Since I had a plan which had a lifetime cap of $6 million per person, I never thought about it either. </p>