Jul 22, 2016
I had a good laugh. Enjoy.
Obamacare Premiums Are Lower Than You Think
Its too early for me to read all of it. I read down to the graph. It's pretty good, well thought out article. The people at the Brookings Institution are very objective.
All based upon CBO estimates. We all know how great those have been.
I didn't read it all but apparently because of subsidies more people are in the pool and that has reduced premiums. The "more people" tend to be "more sick people". It was a much healthier population before Obamacrap.
And of course with insurance companies losing money hand over fist it's easy to see how this have been good for America.
Gee, that's funny. I have Grandfathered and Grandmothered plans in force, with broad PPO networks, comprehensive coverage, and lower out-of-pockets maximums too. The price is so much lower than ACA plans, that the clients won't even think of switching.
I had several hundred clients with Humana. No one wanted to switch until they had to the end of 2014. Most made too much $$$ to qualify for a subsidy. Some went with a sharing ministry, some with indemnity insurance (not through me), some dropped coverage altogether and a few bit the bullet and swallowed 250%+ rate increases.
Still have a handful of GR clients on OLD grandfathered HSA plans. I make around $130/mo off them and some of those plans are 10 yrs old.
Down to $70/mo or so from Humana.
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