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Old 10-19-2013, 09:11 PM
 
Location: the very edge of the continent
89,350 posts, read 45,091,355 times
Reputation: 13810

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Quote:
Originally Posted by aneftp View Post
The issue isn't forcing the young into the system. The issue is forcing the young to pay 2-3x the going rate.
Yes. It's the massive transfer of wealth from the young to the old, also known as Obamacare.

I hope they were fully aware of that when they voted for Obama.
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Old 10-19-2013, 09:14 PM
 
Location: Foot of the Rockies
90,296 posts, read 121,027,789 times
Reputation: 35920
Quote:
Originally Posted by InformedConsent View Post
Yes, I warned about that.

Others are now complaining about it :
Obama Prepares To Screw His Base
Warned my left, um, foot! You were advocating for the very policies you are now lamenting.
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Old 10-19-2013, 09:20 PM
 
Location: the very edge of the continent
89,350 posts, read 45,091,355 times
Reputation: 13810
Quote:
Originally Posted by Katiana View Post
Warned my left, um, foot! You were advocating for the very policies you are now lamenting.
Read the post of mine that you quoted, again. It's most definitely a clear warning that Obamacare would be a tremendous transfer of wealth from the young to the old:
Quote:
Originally Posted by InformedConsent View Post
Mandating that ALL individuals buy insurance spreads that cost to those who would ordinarily forego insurance, or only buy catastrophic policies, aka the young and healthy.

Obamacare WILL cost the young and healthy more. Given that Dem voters tend to be younger, have the Dems adequately assessed how willing the young are to pay much more for insurance to subsidize everyone else?
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Old 10-19-2013, 09:29 PM
 
Location: the very edge of the continent
89,350 posts, read 45,091,355 times
Reputation: 13810
Excellent analysis here:
http://www.city-data.com/forum/31878001-post48.html
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Old 10-19-2013, 09:47 PM
 
Location: Foot of the Rockies
90,296 posts, read 121,027,789 times
Reputation: 35920
The "young and healthy", as you call them, can still buy their high-d policies. There haven't been any catastrophic-only policies for decades.
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Old 10-19-2013, 09:58 PM
 
Location: Native Floridian, USA
5,298 posts, read 7,656,020 times
Reputation: 7485
Quote:
Originally Posted by InformedConsent View Post
Yes, but the low-premium Obamacare plans have HIGH deductibles.

From the Chicago Trib:Affordable Care Act: High deductibles shock consumers - Chicago Tribune

PLUS they have a 40% co-pay requirement.
And only covered expenses go against the deductible. The out of pocket can be considerably higher.
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Old 10-19-2013, 10:05 PM
 
2,672 posts, read 2,724,104 times
Reputation: 1041
Quote:
Originally Posted by InformedConsent View Post
Yes. It's the massive transfer of wealth from the young to the old, also known as Obamacare.

I hope they were fully aware of that when they voted for Obama.

Actually no. The massive transfer is Medicare when seniors are taking out as much as three times as what they put in. Yes from about 25 to 40 within the ACA people put more in what they get out but after that its the opposite. But if you are a geezer on Medicare now these young kids aren't going to get out what they are paying you. Medicare sucks 300 billion out of general revenue every year. Are you willing to reform Medicare??
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Old 10-19-2013, 10:26 PM
 
Location: the very edge of the continent
89,350 posts, read 45,091,355 times
Reputation: 13810
Quote:
Originally Posted by Katiana View Post
The "young and healthy", as you call them, can still buy their high-d policies.
At a much higher cost now to subsidize the older population, yes.

Are you sure all those young and healthy actually meant to vote to transfer their wealth to the older generation?
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Old 10-19-2013, 10:38 PM
 
Location: Free From The Oppressive State
30,392 posts, read 23,858,591 times
Reputation: 38888
Quote:
Originally Posted by Oldhag1 View Post
Obama's hipster voters in all but a few states are getting so screwed if they are one of the lucky few who have found a decent job. However in my state the premium for family of 4 is almost $2,000 a month. That is unbelievable and it is supposed to be based on actual reports. I hope they are right and it is an error because that is equivalent to over half a teacher's before taxes salary or about 2/3 of their after tax income.
I noticed that. I paid special attention to blue states and the 27 year old's change in prices. If they got a good job, they still might be screwed, but if they don't have a good job, and considering that employers are cutting back to part time, instead of full time work, they'll probably just pay the penalty. The penalty will be a lot cheaper for quite some time....so, how will this ridiculous act be paid for if the youth can't afford it?
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Old 10-19-2013, 10:43 PM
 
Location: the very edge of the continent
89,350 posts, read 45,091,355 times
Reputation: 13810
Quote:
Originally Posted by borregokid View Post
Actually no. The massive transfer is Medicare when seniors are taking out as much as three times as what they put in.
Obamacare compounds that. It's EVEN MORE wealth transferred from the young to the old. Is that what young Obama voters intended? To transfer even more of their wealth to the older generation?

Plus, your Medicare figure ignores the interest that money paid into Medicare would have earned if invested over the decades of premiums working people were forced to pay for decades before they become eligible to receive benefits. Not investing that money is the government's mistake, not that of seniors.
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