but incentive buy insuance clearly there. why pay $2k for nothing rather than buy insurance? even after $2k, there going be medical bills, especially if children.
some not buy insurance, to be sure. but many will, and that whole idea.
Perhaps. We'll have to see how this goes. A lot of folks who won't buy insurance were getting pretty big checks for refundable tax credits, anyway. The two will probably offset.
The main problem I have is that for most people, they COULD buy insurance today, but don't because it's too expensive. Yes, this will make things much less expensive for high-risk folks, but will make things much more expensive for healthy folks. I was without insurance for a few years in my 20s. The cost of it far outweighed the potential downside. Lots of people make that calculation. Some percent of them gamble and lose.
Trouble is, now, everybody is compelled to buy the insurance or pay the fine. If we couldn't afford it before, and it'll actually get MORE expensive if you're healthy, this is a huge step backwards for a lot of folks.
It's not that I don't support health reform. I think it's one of the most important things in the country right now. However, we have to address cost and Obamacare really doesn't do that in any meaningful way. It just tries to share the costs across a broader pool. But let's face it, the folks with money pretty much already had health insurance. The uninsured either won't have to pay for their insurance, or can't afford it.
Until we have single payer and are not paying 100% more for the same drugs that England buys, we won't have a solution to this problem. I think everybody realizes that. Where I differ is that I am not entirely sure this is a meaningful first step.
You are correct in that it is probably not a meaningful first step. So many people are under the impression that this plan gives healthcare to "everyone." It does not. The costs of insurance hasn't gone down for healthy people or small business owners in Massachusetts. That is why they'd rather pay the penalty. Since it is taken out of your tax return, it doesn't feel as bad as making the monthly payment.
I didn't have insurance for 9 years from about 25 to 34. I would just pay for office visits as needed. I was young and healthy, so I didn't run up any medical bills. Scary not to have insurance? Probably, but I don't think this is the solution. It would be great if we could get socialized medicine or if Congress could regulate the insurance companies or pharmaceudical costs like you said, but there's just too much money in it.
I'll keep my fingers crossed, but based on how the plan has operated in Mass, I don't think it will be very successful. The rich already have insurance. Most poor people are covered through state medicaid, and the elderly have medicare. The burden will be, as usual, on working lower-middle class people struggling to keep their homes or to get by. My boyfriend, for instance is self-employed. He lost his job a few years ago and has been getting by with jobs that last a few months here and there. Sometimes he works as a carpenter on a TV show that is non-union for a few weeks or months, or he works on people's homes. Because he owns a house, he will not qualify for free healthcare, but will be required to buy health insurance. These are the people that will not buy the insurance, and there are soooo many people out there like him. Their unemployment has run out and they are doing everything they can to get buy, but can't afford health insurance because they don't know how much income they'll bring in from month to month. When you are healthy, have a mortgage to pay or utility bills that are consistently rising, that will take priority over health insurance.
So while I believe something needs to be done, the majority of healthy folks that can't afford insurance now, still won't be able to afford it unless the job market improves. It hardly seems fair to make healthy - not wealthy - people carry the burden of regulating health insurance If nothing else, the timing is bad.