Obama Care

[JoeRedskin]

Originally Posted by saden1

Supposing you SS33 are a young healthy chap would you pay the $750 and skip getting coverage? For how long? What would you do if you got sick? Where do you think your $750 going?

Clearly, you pay the 750/year until such time as you need coverage. At which time, you buy just enough coverage to pay for whatever the problem is. Use of pre-existing conditions being prohibited (sec. 211), I wait until the last possible moment to purchase coverage. Why pay 1,400+ (more as time goes by) for a service I don't need?

As to where the $750 goes, why does that matter? If I don't use the health insurance, the 1,400 gets me no benefit and neither does the 750. If I have to piss away money, I'll piss away the least amount possible.

If you're implying that the 750 will be going to offset insurance costs, perhaps it will be used to offset some of the public option costs but it certainly won't affect private insurance. So, in many cases, before premiums for private insurance to significantly increase, private insurers will get many new insureds just as those insureds need expensive coverage. This will continue until premiums catch up with the mandatory services.

hmmm, I may have to rethink starting that insurance company.