General Discussion
In reply to the discussion: My premium is about $100/mo higher with a plan I got from the ACA [View all]booley
(3,855 posts)(And no this isn't' saying yorupost was bad. I recc'ed it before replying.)
Your headline says you are now paying MORE. And lets face it, for many that's all they will read.
But you go on to say how your previous insurance wasn't' as good. I might even go as far as to say your old policy was junk. Which means even if you only paid a dollar it would still have been over priced.
And there's the problem. Too many saw their cheap policies and didn't' realize how they were getting screwed. They were paying for crap and only the fact that they hadn't gotten seriously ill yet allowed their ignorance to survive.
I imagine it's been the same whenever we get laws to fix a problem involving the markets. Certainly cars would be cheaper if they didn't' have to have all those safety requirements. I am sure many families would financially benefit if they could put their 10 year old to work in a factory. Think of how much lower the price of things would be if companies could just have slaves instead of paying workers a minimum wage?
Yes I'm being a bit hyperbolic but I think I made my point.
As a society we suck at cost analysis, that sometimes the more expensive thing is actually the better deal.
ANd I lay the blame on this administration. Yes the GOP and tea baggers lied but what else did we expect them to do?
The Obama administration didn't' seem to understand that insurance is complicated ( I had to have a friend who's a broker explain a lot to me when I was choosing a policy). That means they really didn't' spend as much time educating people as they should have. They didn't work to get people to understand who to compare their old policy with the new to see if maybe they were actually getting a better deal.