California Obamacare Premiums Released - Lower Than Expected

[Spider]

Thing is though that the cost-growth curve is so steep as to render the whole thing completely unfair. To say nothing of inflation. Those who are now old and drawing from the system paid a trivial amount in to begin with, relative to today's costs. In the case of health insurance, at least for the forseeable future, its amounting to a tremendous wealth transfer from those with the lowest capability to pay, the young, to those with the greatest capability to pay, the elderly.

Sucking the young dry today means that they won't have the future wealth to bring to bear down the road, making them completely dependent on the system that put them in that state.

[The Dude]

Why do you say the elderly have the most ability to pay? They pay up to 40% of their income to health insurance today. They pay more than anyone right now, much more than the youth. And a lot of the elderly live almost solely of SS which isn't much. Their poverty rates are grossly understates because of their health costs, as well. Everyone thinks the elderly are doing so well but it's just not true.

Obamacare doesn't even really effect people who currently have insurance, only those that don't.

What Obamacare does is mostly transfer money from young and healthy people to non-elderly and unhealthy.


Expanding medicare to everyone would just mean everyone covers everyone and thus the healthy cover the unhealthy infinitely. The system we have now is simply those that can afford to cover themselves do and those that can't are screwed while everyone gets emergency care.

[Spider]

I say it because older people control more of the wealth in the country than any other age group. Its a natural consequence of decades of investing and saving and paying down housing debt. If they've lived that long and not built up any net worth, well, ya, they're as hosed as anyone else in that situation, but mostly that's not the case.



I'd have to see a numbers breakdown, but generally the vast bulk of health costs come up later in life....by a large majority its spent on the elderly. I'm talking about the whole system, Obamacare included. Basically young people who are unlikely to have major health issues can skate by and save themselves thousands on health coverage, crossing their fingers they won't need it, with the intention of getting it later on when they might. This give them something of an edge, to get established and started in life, building to the point where they can actually afford health insurance. If we start forcing them into the system, they lose that, and are weakened.

Generally speaking, paying thousands of dollars a year for health insurance when your 26 is a waste of money. The people who need to be targeted are those few who can comfortably pay for it, but don't. Some double digit percentage of 20-somethings don't even have a job right now, much less any way to pay for insurance.

And I understand that if everyone pays in, they can theoretically lower the costs. But thats of little solace to some guy buried under student loan debt who's trying to scratch his way into the middle class so he can eventually get started on that slow march to death in a somewhat more secure manner.

[Ben Huh]

[The Comrade]

when a low tier lawyer uses a no true scotsman and claims to be an authority you know the argument is not only valid, but sound.

[Ben Huh]

[The Comrade]

no, your ad homs don't work here. you're a low level lawyer. fact. you are not an authority on the entirety of the healthcare system. you are ted from scrubs.

[Ben Huh]

[The Comrade]

i'm not using an ad hom. you aren't anyone special in the healthcare field. talking like you are one is disingenuous. you can take it as an adhom if you want, not sure why, unless you think you are some authority in the healthcare field?

[Ben Huh]