obamaKare: the destruction begins

• I Wear Pants

  QuakerOats;1518340 wrote:It did; 17% of BIG government is somewhat on hold, and you would have thought the republicans were back to killing women and children in the streets.

  I don't know why we have government of any kind. The market will figure everything out anyway.
• majorspark

  

  I Wear Pants;1518335 wrote:I thought the world was supposed to have exploded by now.

  No thats the in a couple of days on the 17th. I'll be at Ft. Jackson so I will be somewhat insulated from the utter chaos that is sure to ensue.
• I Wear Pants

  majorspark;1518356 wrote:No thats the in a couple of days on the 17th. I'll be at Ft. Jackson so I will be somewhat insulated from the utter chaos that is sure to ensue.

  You're right, the US voluntarily defaulting is not going to have an adverse effect on the economy.
• QuakerOats

  I Wear Pants;1518341 wrote:I don't know why we have government of any kind. The market will figure everything out anyway.

  
  
  Thanks.
• majorspark

  

  I Wear Pants;1518363 wrote:You're right, the US voluntarily defaulting is not going to have an adverse effect on the economy.

  Have you been stocking up on canned goods and bottled water? Its going to get bad out there. I betting the alarmists have not scared you into action. Which means one of two things. 1)You don't believe it will happen or 2)You don't believe the apocalyptic predictions.
• HitsRus

  

  No that's more like Medicare and medicaid and the V.A. system but when those are expanded when a republican is in the presidency you hear crickets

  MMMM...not so much...a more recent example is when Republican Governor John Kasich tried to expand medicaid in Ohio and received( and continues to receive) stern resistance even though it means more federal dole for our state.
• HitsRus

  

  I don't know why we have government of any kind. The market will figure everything out anyway.

  
  Hell, I don't know why we need freedom anyway, the government knows what's best for us anyway.:RpS_razz:
• QuakerOats

  HitsRus;1518390 wrote:Hell, I don't know why we need freedom anyway, the government knows what's best for us anyway.:RpS_razz:

  
  Half the nation believes that.
  
  It is over.
• I Wear Pants

  majorspark;1518378 wrote:Have you been stocking up on canned goods and bottled water? Its going to get bad out there. I betting the alarmists have not scared you into action. Which means one of two things. 1)You don't believe it will happen or 2)You don't believe the apocalyptic predictions.

  I don't expect the apocalypse, I expect something akin to another 2008 recession. I think that's worth worrying about and avoiding but I'm not getting in a bunker.
• jmog

  BoatShoes;1518270 wrote:Apparently people make a car insurance claim once every 19 years on average. Plenty more people make health insurance claims than that.
  
  All insurance redistributes wealth from the risk pool to the unlucky. Obamcare just changes it to where the redistribution occurs ex ante instead of ex post...as was already done in a lot of states.

  Your own statistics just proved my point.
  
  Statistics shows that teen/young drivers are 3 times more likely to be involved in an accident than all other ages combined. So, the average for young drivers is more like once every 7 years while for everyone else it is once ever 22 years. That's how the 'average' comes out to be 19.
  
  So you are wrong, a teen that gets a liscense at 16 will use his car insurance on average at least once before he/she is 23.
  
  Chances are, a 75 year old hasn't used theirs since they were in their 50s.
  
  That's the statistics when you actually use all of them, not just an average from 16-75.
  
  You can't reword it to change the facts, that this is the only insurance that takes from the less risky and most likely 'poor' and gives to the higher risk and most likely 'rich'.
  
  Think about it, young kids out of HS or college making far less and having full mortgages and college loans have to pay higher premiums to cover the old folks who probably have their house paid off and are making more money.
  
  It is retardly backwards ESPECIALLY for those left wingers who like to redistribute the wealth.
  
  
  If you get your liscense by the time you
• BoatShoes

  jmog;1518798 wrote:Your own statistics just proved my point.

  No. The Property Casualty Insurers Association of America estimates that between 16-34 the average driver will file a claim only one time. The average person 16-34 will file a health insurance claim more than 1 time in 18 years. Obamacare is not any different than any other insurance in that it involves redistribution for the unlucky (sick in this case). It just does some of it before the claim rather than after the claim. This has been the way health insurance pooling has been set up in several states for years.
• jmog

  BoatShoes;1518938 wrote:No. The Property Casualty Insurers Association of America estimates that between 16-34 the average driver will file a claim only one time. The average person 16-34 will file a health insurance claim more than 1 time in 18 years. Obamacare is not any different than any other insurance in that it involves redistribution for the unlucky (sick in this case). It just does some of it before the claim rather than after the claim. This has been the way health insurance pooling has been set up in several states for years.

  Please show me specific examples instead of platitudes of where insurance for the lower risk is raised in priced specifically to make the higher risk people pay less.
  
  That's not how the actuary science behind insurance risk adjusters work, but why would math and statistics get in the way of platitudes huh?
• BoatShoes

  jmog;1518969 wrote:Please show me specific examples instead of platitudes of where insurance for the lower risk is raised in priced specifically to make the higher risk people pay less.
  
  That's not how the actuary science behind insurance risk adjusters work, but why would math and statistics get in the way of platitudes huh?

  At least 26 States to my knowledge had some type of community rating regime for health insurance plans prior to the affordable care act. For example Rating based on Age and Gender were illegal in New York and Vermont and you had guaranteed issue. In Oregon you could rate based on age. State's like Iowa and Kentucky limited the ability to rate based on the health of applications but did not require guaranteed issue.
  
  It varied from state to state.
• WebFire

  I like how health insurance has now become a right. :rolleyes:
• QuakerOats

  ^^^ it is a right only for the takers. And, the producers will soon have zero incentive to remain as such. Hence we move 'Forward' to the point of collapse. This is, change we can believe in ...
• I Wear Pants

  WebFire;1519026 wrote:I like how health insurance has now become a right. :rolleyes:

  Yeah, what happened to that American tradition of people going bankrupt because they got sick? That's what made this country great.
• WebFire

  I Wear Pants;1519112 wrote:Yeah, what happened to that American tradition of people going bankrupt because they got sick? That's what made this country great.

  That's why you bought insurance to begin with. But we let the healthcare costs get to the point that insurance companies had to charge high premiums. So instead of fixing that, we add another layer and force everyone to have insurance to pay for the expensive healthcare.
  
  It makes no sense.
• I Wear Pants

  WebFire;1519119 wrote:That's why you bought insurance to begin with. But we let the healthcare costs get to the point that insurance companies had to charge high premiums. So instead of fixing that, we add another layer and force everyone to have insurance to pay for the expensive healthcare.
  
  It makes no sense.

  Yes that's why you buy insurance. But somewhere along the line our nation decided that we shouldn't just let people who didn't have or couldn't afford insurance or the cost of the procedure/medication just die in the streets. So you can't get denied at the ER for not being able to pay. Which increases costs for those that can pay and puts a priority on saving the most money on providing the care for the poor/those without insurance. Preventative care and medication is vastly less expensive than emergency procedures so it benefits those of us who do pay to get those that don't to go to the doctor regularly for check ups, etc rather than waiting until they're dying or have some terrible condition.
• Commander of Awesome

  

  Oregon cuts tally of #health uninsured by 10% in 2 weeks: 56,000 new Oregon Health Plan enrollees
• Devils Advocate

  

  Commander of Awesome;1519464 wrote:Oregon cuts tally of #health uninsured by 10% in 2 weeks: 56,000 new Oregon Health Plan enrollees

  Impossible. The website is broke
  
  the country is broke.
  
  
  And Obama,Obama,and Obama!
• sleeper

  

  Commander of Awesome;1519464 wrote:Oregon cuts tally of #health uninsured by 10% in 2 weeks: 56,000 new Oregon Health Plan enrollees

  Yeah, I bet all these people are low risk young people that will add to the system rather than take from the system.
• Commander of Awesome

  

  sleeper;1519470 wrote:Yeah, I bet all these people are low risk young people that will add to the system rather than take from the system.

  You have data to back that up?
• sleeper

  

  Commander of Awesome;1519511 wrote:You have data to back that up?

  One doesn't need data to understand common sense.
• QuakerOats

  sleeper;1519544 wrote:One doesn't need data to understand common sense.

  
  
  When you don't do common sense, you do government.
  
  
  The ignorance level in this country is immeasurable.
• gut

  ccrunner609;1519582 wrote:...when they get a monthly bill for insurance.

  They're being enrolled in Medicaid...so doesn't the state pick-up their premiums (and most, if not all, the related costs)?