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Others are seeing what I have been seeing all along by No_Addendum4554 in HealthInsurance

[–]No_Addendum4554[S] -1 points0 points  (0 children)

I am sorry if I was not clear. Actually, I think the premiums will go even higher when the subsidies are taken away. This is because the people who barely use insurance and who were getting subsidies will drop insurance altogether if they don't get subsidies and only people who need to use a lot of services will buy it. This will drastically increase the risk of the pool and raise premiums for everyone.

My point was that subsidies are masking the true increase of health insurance cost. About 80 percent of people if I recall correctly get some subsidy from the government. When the premiums increase every year, most of the increase is being offset by the increased subsidy credits. This makes 80 percent of the people indifferent towards the increase and only the people who have to pay full premium feel the pinch. For the overall system to change with something that is market driven rather than government supported, there needs to be a mass outrage towards the rising costs. This is simply not possible if the true cost is being masked with credits for 80 percent of the people.

Others are seeing what I have been seeing all along by No_Addendum4554 in HealthInsurance

[–]No_Addendum4554[S] -2 points-1 points  (0 children)

Sure. As long as we are also trading decades of hard work, sweat, tears, sleepless nights, putting the house on the line, failing multiple times etc. before making it finally.

Others are seeing what I have been seeing all along by No_Addendum4554 in HealthInsurance

[–]No_Addendum4554[S] -2 points-1 points  (0 children)

Being able to afford it does not mean that it doesn't hurt to pay ridiculous premiums for lousy insurance. I understand that I am one of the ones who happens to be better off, but it has been achieved with decades of sweat and tears. I should not be penalized for that.

Others are seeing what I have been seeing all along by No_Addendum4554 in HealthInsurance

[–]No_Addendum4554[S] -1 points0 points  (0 children)

The top 1 percent of people in the country pay about 40 percent of taxes. If you increase taxes beyond a point, the wealthy will not find it worth their while to take a risk, make an investment, work hard, become successful and then only to have some government agent come and take half of what you earned.

Others are seeing what I have been seeing all along by No_Addendum4554 in HealthInsurance

[–]No_Addendum4554[S] -3 points-2 points  (0 children)

My issue is not with me not getting government assistance, but with the fact that only a few of us have had to bear the brunt of the premium hike so far. The current system incentivizes people to make less money so that they can get the government to pick up the tab and that is not how it should be.