General Discussion
In reply to the discussion: Yay, ObamaRomneyCare! 23% rate increase! [View all]OwnedByCats
(805 posts)are getting subsidies, some quite significant. A lot of people are getting subsidies, anyone who makes under a certain amount and those examples are plenty. If your employer plan is cheaper than the exchange and any subsidies you might get, good for you. Just know that this does not mean everybody finds that.... for those that think subsidies aren't playing a big roll. Those subsidies have to get paid somehow and for how long can we afford it?
And yes, some people are getting hit with higher premiums. It's great the gov is helping some people, but this shouldn't have been the way. It's welfare to the ins companies and we still end up with a product that will never be as good as for example, the NHS in the UK. Our government is paying companies who make a profit, they aren't paying for direct care like a national system who is not making a profit. While right now it's alleviating costs for some people, it's going to cost us more in the future somehow- this going to snowball. Single payer is the most cost efficient way to pay for health care and that is something very badly needed. Every other developed country has it.