Obamacare

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AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568
Obamacare

Rate Shock: In California, Obamacare to Increase Individual Health Insurance Premiums by 64-146% - Forbes

Now that we are getting into the thick of it, are all of you still in support of Obamacare, or has anyone changed their mind?

Joined: 08/17/04
Posts: 2226

Nope, still support it.

There was never a doubt in my mind that the initial costs would go up. That's what happened here. Mandates and more people getting access to coverage since pre-existing conditions are no longer a hurdle to getting affordable coverage will of course increase premiums for some.

The overall picture though, is that they will fall eventually again. It's not going to be overnight. The other side to NHCR is the work to lessen overall medical costs which can't happen without the majority being insured. Heck, we've had our HCR for 6 years I think? and costs are slowing and reducing in many areas. It's HUGE.

AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568

I think the very poor who are already below the poverty line will be helped by this. I do think though that it is a huge hardship on people just above the poverty line and will make health care just unattainable for them. I know several people that had health care before, that no longer can have health care do to the increase in costs. Our healthcare, and most of the people I know IRL has doubled. That might not be a huge difference to someone that has a huge flexible income, but it is a big deal to the lower middle class.

Joined: 08/17/04
Posts: 2226

I think CA is a state that will be expanding their Medicaid program (I might be wrong) and if so that means lower middle class people can apply for help w/premiums and other costs. Again, I'm not familiar with their agreement to that so someone else that is local (Spacers?) might have better information than I do.

What kind of increase in cost? I mean to me, a slight increase is annoying as I don't have a completely flexible income although I typically get a raise if raises are going out across the company, but I sure as heck know I don't have 50,000+ to pay a hospital should I have to be admitted. Do you? Do your friends? It's worth it for me to "pre pay" so to speak to have routine physicals and gyn care so we catch any issues early when it's cheaper and easier to deal with vs. waiting until someone is on their deathbed and the costs are astronomical.

AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568

"Jessica80" wrote:

I think CA is a state that will be expanding their Medicaid program (I might be wrong) and if so that means lower middle class people can apply for help w/premiums and other costs. Again, I'm not familiar with their agreement to that so someone else that is local (Spacers?) might have better information than I do.

What kind of increase in cost? I mean to me, a slight increase is annoying as I don't have a completely flexible income although I typically get a raise if raises are going out across the company, but I sure as heck know I don't have 50,000+ to pay a hospital should I have to be admitted. Do you? Do your friends? It's worth it for me to "pre pay" so to speak to have routine physicals and gyn care so we catch any issues early when it's cheaper and easier to deal with vs. waiting until someone is on their deathbed and the costs are astronomical.

Our insurance through DH's work (The only reason he is staying with this job), has gone from $200 month to $400 a month. Yes, that is cheaper than a major disaster and why we still have the insurance. BIL who is self employed though is looking at his self paid insurance tripling. Knowing that we could not get individual insurance at a reasonable price is what is keeping DH from branching out on his own and working for himself. We are not alone in this. In his field (Interpreting), there are many that would free lance but can not solely based on the insurance issue. 10 years ago when we were starting out this was not the case. You could buy individual insurance. It was at a group rate because all of the individuals went in together in a pool.

Joined: 08/17/04
Posts: 2226

You can still form pools. We have one here were a lot of banks throughout the state merged into one large group. That shouldn't stop.

Like I said, I still think it's a good idea. I think adults and especially children now getting access to insurance where they couldn't before is a great thing.

AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568

"Jessica80" wrote:

I think adults and especially children now getting access to insurance where they couldn't before is a great thing.

Not if it is on the backs of other people that can not afford it causing them in turn to not be able to afford insurance.

Joined: 08/17/04
Posts: 2226

Well then, it's a good time to fight for your family and ask your state gov't. to make sure it is affordable to all. I looked it up and TN is pursuing an "alternative" model to Medicaid expansion. I really don't know what that means for you or for your friends because I'm more familiar with Medicaid expansion.

AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568

"Jessica80" wrote:

Well then, it's a good time to fight for your family and ask your state gov't. to make sure it is affordable to all. I looked it up and TN is pursuing an "alternative" model to Medicaid expansion. I really don't know what that means for you or for your friends because I'm more familiar with Medicaid expansion.

I have to confess I love debating this topic with you Smile

Joined: 08/17/04
Posts: 2226

Really? Why? LOL.

I totally get where you are coming from Bonita. Cost increases are hard for anyone but to me, they're inevitable.

And I was totally where every non Mass. resident on here is now 8 years ago when we implemented our reform. I was skeptical. There are still things I don't understand or necessarily agree with but having everyone have access to coverage to me is huge.

AlyssaEimers's picture
Joined: 08/22/06
Posts: 6568

"Jessica80" wrote:

Really? Why? LOL.

Because you are very knowledgeable and respectful even when you do not agree.

Joined: 08/17/04
Posts: 2226

Oh well I'm not an expert I'm just in the field and I live in a state that while different is a model for what you'll be getting soon so I have the experience of living it too.

I hope I'm always respectful when we have debates (you and others) although I know this doesn't heat me up like other topics so it is easier to remain calm Smile

mom3girls's picture
Joined: 01/09/07
Posts: 1537

Interesting this came up tonight. I met a guy tonight that is in his last year of med school at Vanderbilt and has spent a couple of years in a fellowship with the CDC. We got on the topic of Obamacare and he was telling me about some of the big holes that this bill has left, and that because of the holes rates will not go down, but will continue to rise a very sharp rate.