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Insurance premiums were $197 a month on average pre-ACA. Now they’re $600-700 a month. ACA was always a terrible idea.
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Anonymous 3d

Are you controlling for inflation at all?

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Anonymous 3d
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Anonymous replying to -> #1 3d

More specifically, the rising cost of healthcare over the past 15 years

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Anonymous replying to -> #2 3d
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Anonymous replying to -> #1 3d

You can blame greedy ass MBAs in hospital administration for that. The bloat in that sector due to over regulation has been insane.

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Anonymous replying to -> #2 3d

That only helps low income Americans. If you make too much money to qualify for the subsidies but not enough to be comfortable, you just get fucked.

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Anonymous replying to -> OP 3d

Better than nothing

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Anonymous replying to -> OP 3d

That’s not Obamacare’s fault at all

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Anonymous replying to -> OP 3d

and healthcare for low income Americans… is an improvement over no healthcare for low income Americans

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Anonymous replying to -> #1 3d

Healthcare is essential but this dude is trying to say the healthcare industry isn't going to extort people to literally live lol. People will pay anything to keep their loved ones alive and this dudes blaming welfare lol. Don't even bother this dudes a dipshit.

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Anonymous replying to -> OP 3d

That was the entire issue with Medicaid. The ACA narrowed the coverage gap by millions of people

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Anonymous replying to -> OP 3d

EASY SOLUTION. MEDICARE FOR ALL!! SUCK A DICK!!

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Anonymous replying to -> #1 3d

Yes it is. More regulation = more admin = more people on payroll = higher premiums to cover that.

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Anonymous replying to -> OP 3d

You're a fucking numbskull that needs to go back to high school econ.

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Anonymous replying to -> OP 3d

The regulation actually made sure 80% of revenue went towards paying claims. 20% was the cap for administrative costs as well as buybacks and dividends

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Anonymous replying to -> #4 3d

Please educate me then. How am I wrong 😂

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Anonymous replying to -> #1 3d

Yeah and notice how premiums kept rising to be able to keep that number at 20% 😭

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Anonymous replying to -> OP 3d

That would still mean that they’re paying out more in claims. Which means the cost of healthcare has increased.

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Anonymous replying to -> #1 3d

Then why are denials of coverage at an all time high

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Anonymous replying to -> OP 3d

Doesn’t look like it, but data is limited to the plans sold through HealthCare.gov

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Anonymous replying to -> #1 3d

Yeah that’s the problem. Small percentage of the health insurance sector. And the graph only goes to 2023.

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