obamacare

I have stated many times that Dems and Repubs are engaing in equal amounts of hypocrisy on the issues you stated above (and others). I have also stated that the much of the media has always treated Obama with kid gloves, failing to blame him for anything (Bill Clinton said the same thing).

As for the rising costs of insurance, look at the rate increases prior to ObamaCare. You can blame ObamaCare for rate increases and it may have some validity. What do you blame prior to its enaction, though?

Quote Originally Posted by 14daroad:

3) Insurance rates have increased every year since 1970 prior to Obama being in office at a number higher than simple inflation.



Non-Responsive.

List the year, prior to 2010, rates went up 20% or more in at least 5 states.

Thanks in advance.

As you know, percentages can be completely manipulated depending upon the statistical data and variables used.

This chart shows overall increases in several fashions.

https://www.ritholtz.com/blog/2010/12/u-s-health-care-costs-since-1980/

Except the government is far from taking over healthcare. If anything, ObamaCare is an example of corporatism, not socialism.

That is actually its fault (IMO).

Right.

It really was EMTALA that started the whole downward spiral (skyrocketing costs of medical care=increase in health insurance payments=increase in premiums).

Interestingly, there were people who predicted this when EMTALA was being debated. Another example of pushing things down the road by our government, although EMTALA was a good thing.

Except healthcare, exponentially, has increased at a rate much higher than produce or other things (for a good comparison, examine health insurance premium increases versus car insurance premium increases).

Based on what you stated above, they should be somewhat equivocal, at least, on a percetile of increases.

Yet they aren't close.

In other words, what factors have caused such a hike in health insurance prior to Obama and do you blame anyone for that?

So my claim is wrong?

They is the government.  The people he put in charge of the pcip plan, which is the federal risk pool. Key word is federal.

I agree that pricing has been an issue for a long time, but how can you say obamacare is going to lower prices.  So you think it is fair to say that healthy people should pay more because you can't charge more for pre-existing conditions?

You can put your own percentage on what has been emplemented.  The only things that hasn't is the mandate and insurance companies has to take people with pre-existing conditions.

I have put many people on the pcip plan. It was a good plan for people with pre-existing conditions. Do I get paid anything for it? No, but it is the right thing to do. If the government can't run that, what makes you think they can run the whole thing?

I think what the issue is, like many issues with the current President is he opens his mouth and says one thing (prob believes it I guess) but most ppl who pay attention enough know he is full of doggie doo doo.

What I am referring to is his claim that heath care costs would go down under his plan.

https://www.realclearpolitics.com/video/2010/03/10/obama_says_health_premiums_will_go_down.html

We dont need to wait until the law is enacted in full to know his claim is false. His plan, yes his plan, is full of holes and "unintended" consequences.

I am all for fiing health care in this country but now we need to fix Obamacares 1st

one could say prior increases may be due to more unisured going to ER for treatment and not paying which is passed down the line to consumers.

one could also say that the rise in technology to treat paitents better and more effectively is expensive,

Quote Originally Posted by wallstreetcappers:

I think the result of this plan goes to show the state of our healthcare system.

All these people pour into the PCIP and why did they do that?

That's it? Another question?

Tell me how I'm an uniformed broker. Tell me how you know so much more about this subject than I do. You don't know anything about the insurance business. You just look at everything your way and think you are correct.

Since private sector mostly run healthcare industry, Obamacare shouldn't be expected to lower costs.  Main benefit of Obamacare is helping uninsured Americans obtain insurance. Obamacare is in a early introductory stage and iInsuring millions is expected to take years.  Overwhelming demand for pre-existing insurance plan indicates success and not failure.