There is no such thing as a free lunch.
50 million Americans are uninsured because:
- They cannot afford the premiums
- They didn’t want to buy health insurance
The Affordable Healthcare law intends to fix that problem, and here is how:
- Make everyone participate in the marketplace on the theory that full participation will decrease the unit cost by amortizing over a larger audience.
- Making people pay a rate that they can afford. Some people may have been paying less than they could afford, and less than the system needs to pay for those who are not insured, picking up the difference between uninsured can pay and the total cost.
That’s the rub and why some people are now crying the blues because “there ain’t no such thing as a free lunch.”
What people pay in increased premiums is intended to be less than they would pay by increasing healthcare costs that bury the burden in healthcare across the board. The costs are going to be shifted and paid for by people one way or another. Obamacare actually makes the cost more transparent.
Pay me now, or pay me later. You can't have your cake and eat it too.
“For consumers whose health premiums will go up under new law, sticker shock leads to anger
Matt McClain/The Washington Post - Deborah Persico was recently informed that her health insurance plan was being canceled. She learned that a similar plan will cost her much more.
By Ariana Eunjung Cha and Lena H. Sun, Published: November 3
Americans who face higher insurance costs under President Obama’s health-care law are angrily complaining about “sticker shock,” threatening to become a new political force opposing the law even as the White House struggles to convince other consumers that they will benefit from it.
The growing backlash involves people whose plans are being discontinued because the policies don’t meet the law’s more-stringent standards. They’re finding that many alternative policies come with higher premiums and deductibles.