Obamacare explanation without politics.

Posted in the La Porte Forum

Since: Jan 12

Location hidden

#1 Oct 13, 2013
A great assessment of the economics of Obamacare without the political criticism. You should share this with your friends.

http://www.daveramsey.com/show/videos/dave-br...
Heinrich

Houston, TX

#2 Oct 14, 2013
He makes a good point. His math is spot on.
Elaine

Houston, TX

#3 Oct 15, 2013
I finally watched it all the way through. Dave Ramsey sucks at personal and investment advice. But he really knows how to tackle debt. Every federal worker should be required to complete his Financial Peace University.
YallareFunny

Pasadena, TX

#4 Oct 15, 2013
He makes valid mathematical points regarding the increase in premiums, however, his math leaves out several variables.

His math is on the premise that these sick people will be getting insurance, causing the payouts per person to force higher premiums. He neglects the math that many healthy people will also be paying into insurance as they will be required to.

Thus, his concept of the amount insurance companies payout forcing premiums way up is wrong.

Basically, the amount insurance companies payout will go up as they are now forced to cover sick patients and at the same time their revenue is going up as well, since they have more people paying into insurance is required.

Overall, it is possible rates per person go up, but this drastically high increase in premiums he refers to neglects the second part, where healthy people are now paying in as well.

Looking forward to y'all trying to negate my math here.
Elaine

Houston, TX

#5 Oct 15, 2013
Except that premiums are already going up in anticipation of the losses. Math don't lie.
GOTP

Pasadena, TX

#6 Oct 15, 2013
We need medicare for everyone at all ages. Called the single payer system.
YallareFunny

Houston, TX

#7 Oct 15, 2013
Elaine wrote:
Except that premiums are already going up in anticipation of the losses. Math don't lie.
Got a link for proof that shows they are going up because of the AFA, not just rising because of the overall increase in healthcare costs?

Math also doesn't lie that all healthy people will be paying into the system as well, this will help minimize the increase in premiums across the board. Currently the coverage with pre-existing conditions is in effect, once the consumer mandate comes to fruition it will help.
Obamacarestinks

Tomball, TX

#8 Oct 24, 2013
YallareFunny wrote:
<quoted text>
Got a link for proof that shows they are going up because of the AFA, not just rising because of the overall increase in healthcare costs?
Math also doesn't lie that all healthy people will be paying into the system as well, this will help minimize the increase in premiums across the board. Currently the coverage with pre-existing conditions is in effect, once the consumer mandate comes to fruition it will help.
Like the letter that I just got from my employer telling me my healthcare premiums are increasing for 2014 due to obamacare?
Elaine

Houston, TX

#9 Oct 24, 2013
Obamacarestinks wrote:
<quoted text>
Like the letter that I just got from my employer telling me my healthcare premiums are increasing for 2014 due to obamacare?
No. Written evidence isn't proof enough. Obama himself could admit it on MSNBC and GOAT/Yaller/Defiant1/Fubar would not admit it.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

La Porte Discussions

Title Updated Last By Comments
Houston Cops Shoot "Aspiring Rapper". 1 hr Whatsamattayou 53
Murder in South Carolina 1 hr Elaine 47
Election Who do you support for State Board of Education... (Oct '10) 3 hr Thomas 0 Caldwell 788
Election Who do you support for State Board of Education... (Oct '10) 3 hr Thomas 0 Caldwell 631
accident on fairmont 17 hr Heavy Fed 6
My crazy Facebook friend Fri Heavy Fed 1
Hate Fri Whatsamattayou 22

Flood Warning for Harris County was issued at April 18 at 11:33AM CDT

More from around the web

La Porte People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]