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As one gets older the chances of developing a condition that, in case of an interruption in insurance under the old system, would become a preexisting condition, and/or developing a condition that, under the old system, would exceed a lifetime cap. So, given the Guaranteed Issue provisions, health insurance indeed could get less expensive comparatively, as one gets older. Furthermore, as one gets older, the risk of developing conditions requiring healthcare, in general, increases. So, given the Age Rating provisions of ACA, which reduces the extent to which older subscribers' rates could exceed that of younger subscribers, health insurance could get even less expensive comparatively, as one gets older.
This isn't an example of trickle down. It's more a similar "give and take" system like we already have with social security, medicare, etc. I mean really, we're not reinventing the wheel here, so you can quit pretending that is the case. It's not like Republicans really even pretend "trickle down economics" is a thing that works anymore, anyway.
you said, "when this man makes more money." therefore, his money begins to trickle down to the mediocre. I don't know a ton about social security, but don't you sorta get what you pay into it?
Everyone will be insurance poor under Obamacare... the middleclass will be the new working poor , and the poor will have it good with everything covered and no worries.. free free free... working hard to pay for health care and every other kind of insurance will make many insurance poor.
as this young man inevitably makes more money later on in life, his taxes will cover someone else.
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Originally Posted by lionsgators
yes it does. you do that with a vote apparently. and did you just promote trickle down economics?
No, trickle down economics is the discredited voodoo magic of lowering tax rates for the "job creators" and the poster is only expecting this young man to make more money and not saying anything about whether this young man pays a lower rate of taxes when he is better off financially so no, the poster is not promoting trickle down economics.
The deductibles kill the reason to have insurance.. have to pay thousands up front before any insurance coverage kicks in... is this really good insurance?
The insurance companies set this thing up for themselves. It's nothing more than smoke and mirrors. Any person could have enrolled in a high deductible HSA, which also had tax benefits, and would have been ahead of this game. Now, the insurance companies have a captured client pool, by law no less.
Is it good? If you can afford to pay for the platinum plan and any additional extended coverage, then yes, it'll be great. But, that isn't how this fairytale was spun in the first place. It's falling short of doing EVERYTHING it was forecast to do; like being affordable.
Only a minority clamored for it, and the majority has never embraced it.
Politicians decided that if they rammed it down our throats and forced us on it, we'd grow to love it.
That's how a totalitarian government does things.
Is this really good insurance? Congress wrote themselves, and their friends out of it. That pretty much answers the question.
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Originally Posted by bUU
And the wealth of the middle class will just vanish - that's your story, eh?
The median household net worth in 2010: $57,000
and in 1983: $73,000
wow... I find it humorous that when facts are laid out things go completely silent.
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