Quote:
Originally Posted by PaulS
So what discussion do you want to have? Johnny's $2,500 cost estimate or Obamacare? B/C your're mixing the 2.
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I'm not mixing anything. I never claimed that Johnny's policy increased directly because of Obamacare.
I can buy that the loss costs for a 25 year-old are a small fraction of the loss costs for our whole population. But you can't look at it that way, because the healthcare loss costs are disproportionately driven by seniors who aren't paying their fair share. So any added cost is absorbed by those who are already subsidizing senior citizens and those on Medicaid. So if the impact is 1.5% of the total, those that actually pay into the system, have to pay much more than 1.5%.
And I don't believe that covering pre-existing conditions only costs pennies. If that were the case, companies would already be doing that.
Paul, why are many businesses avoiding the costs of Obamacare by cutting hours and cutting employees? If the effect of Obamacare were as negligible as you claim, why are so many businesses seeking, and getting, exemptions?
I'm sorry Paul. Obama has his talents. But even he is subject to this fundamental law of economics: you can't get somethin' for nothin'.
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