wahday
Cyburbian
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There is also this study about Obamacare which gives a different picture and asks different questions than the Forbes one M'skis submitted: http://www.nytimes.com/interactive/2014/10/27/us/is-the-affordable-care-act-working.html?_r=0#/
There are a lot of questions I have about some of these studies. For example, when we talk about rises in costs, does this take into account total out of pocket expense for the year or just the premium? If I have a plan with a low premium but high deductible and lots of restrictions on allowable expenses, simply looking at my monthly payment could be misleading. The real question is how much people pay annually for all health care costs.
Also, when they sample increases in premiums, are they including those who had no coverage but now do through the Act? Because that would dramatically skew the numbers. Also, are the subsidies being factored in or just the cost of the premium? 85 percent of those who signed up for Obamacare received subsidies which reduced their out of pocket expense by 76 percent on average.
I am a supporter of the Act even though I agree that the program needs to (and will continue to) be adjusted, modified and altered as we move forward. For something as tremendously complex as healthcare provision nationwide, this is hardly surprising.
There are a lot of questions I have about some of these studies. For example, when we talk about rises in costs, does this take into account total out of pocket expense for the year or just the premium? If I have a plan with a low premium but high deductible and lots of restrictions on allowable expenses, simply looking at my monthly payment could be misleading. The real question is how much people pay annually for all health care costs.
Also, when they sample increases in premiums, are they including those who had no coverage but now do through the Act? Because that would dramatically skew the numbers. Also, are the subsidies being factored in or just the cost of the premium? 85 percent of those who signed up for Obamacare received subsidies which reduced their out of pocket expense by 76 percent on average.
I am a supporter of the Act even though I agree that the program needs to (and will continue to) be adjusted, modified and altered as we move forward. For something as tremendously complex as healthcare provision nationwide, this is hardly surprising.