Quote (InsaneBobb @ Sep 9 2021 03:36pm)
If you don't want to have insurance, you don't need to, right? Last time I had insurance, I was paying $900/month. That was NOT for the top tier plan. Do the math based on a year: 900*12=$10,800. Now, tell me, what would a healthy 20 year old come down with that would cost $10,800? I can actually provide an answer. Not playing "gotcha" here. The average healthy 20-40 year old would be most likely to end up with an appendectomy, assuming they still have an appendix. So, that surgery, if you pay 100% out of pocket, all costs included, ranges from $10,000-$35,000. Now, tell me, why would someone spend $10,800/year for 20 years ($216,000), for a surgery with an out the door cost of $10K-$35K?
The problem with your assertion regarding risk pools is that the prices went UP for insurance with the mandates, not down, and a whole ton of elective shit was thrown in. Like, why does every plan have to cover transitioning, or live birth, or pre and post natal care? Why does every plan have to cover anything not tailored to the individual? Now, a big thing to note regarding my prior insurance plan: It was a group plan via the employer. The "marketplace" aka non-group plan for the same exact thing would have been $1500/month. Why? Now, I can look up properties all across the country for under $216,000. Why am I spending a house on somebody else's health, and what, if anything, is my eventual return. Let's take that 20 year old, and make them 65. They're now retirement aged, and have dropped (assuming no price differences ofc, which is also naïve), 45*$10,800=$486,000 into the financial services industry (insurance). What have they received in return? Literally, have they received a half a million worth of care or product? I'm guessing not, as according to the National Institutes of Health, the average LIFETIME healthcare cost per capita is $268,700 for men and $361,200 for women. And let's not forget, just because you've retired doesn't mean you don't still have to pay for insurance.
So, where's the return on investment, exactly? You're telling me that it'll cost less. What I'm telling you is that the medical supply and pharmaceutical companies will have a captive market that disallows most forms of foreign competition and will promptly raise prices, and healthcare workers will unionize for immediate higher prices. Meanwhile, financially savvy people who avoid insurance at all cost, and at most use an HSA, otherwise have, you know, like a savings account? Will find that they're being taxed as much or likely more than what they had been saving.
End result? Young people spend their working life to pay for the healthcare costs of old people, literally giving up the opportunity to buy a HOUSE so that some boomer they don't know or care about can sit around and watch CNN while talking about "Damned kids these days". How about the boomers pay for themselves. They certainly forced the Greatest Generation to cover their own costs, waiting until the majority of them died before introducing the ACA to steal from their own children and provide for themselves. :)
thats not a problem thats proof, when a massive number of risky people were forced by law to be accepted on insurance the risk rose, substantially. many premiums were outrageously expensive for individuals, but a lot of the cost was differed elsewhere through the provider.
i see a lot of text but not any sources showing your side, just assertions. i can link how risk pools work or even worked under the ACA if you'd like to read them. if u have something that makes the argument in M4A costs go up, post it, i'd like to read it.
also, young people invest in healthcare they will then be a burden on at an old age. but we're talking less or more costs under medicare for all, not a trend of cost-benefit analysis for single young people that's present in both systems. i think you're doing that thing u so often do, where u cling to single lines of responses to formulate a tersely disagreeing response to what amounts to a throwaway line to avoid the larger (and harder for you to back up) disagreement. this kind of disassociation is something u should avoid imo. stay focused.
This post was edited by thesnipa on Sep 10 2021 07:03am
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