re: The cost of Obamacare... supporters of it.. please feel free to chime in

quote:

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There is no underwriting in ACA. I often ask people: if your car insurance couldn't deny you, and had to charge everyone the same premium (regardless of driving history), how much do you think your bill would go up?

Similarly, if your bank couldn't deny a loan, and had to charge everyone the same rate regardless of credit history, how high do you think loan rates would go?

This is what happened with ACA. I'm not saying it's good or bad--having health insurance is obviously more fundamental than car insurance or a car loan. But math is math.

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Now add in your new higher rate that you are going to be forced to pay, is currently partially subsidized for an unknown period, only to be taken away in the future