dkfjskfj wrote:
The new law forcing insurance companies to accept patients with pre-existing conditions will be the nail in the coffin. Underwriting and actuarial tables are at the core of any insurance business. Forced to cover millions of sick new patients, insruance companies will be unable to survive and cover their existing policyholders. Premiums will skyrocket so massively and quickly that everyone will be forced, practically overnight, to accept a single-payer system. Then the rationing begins, and our waiting times will be worse than Canada's. Take care of your health, folks, because reliable medical care is not going to exist in 10 years.
It is inevitable that costs will rise if you mandate that insurance companies must accept people with pre-existing conditions. To minimize this you must also: a) mandate that everyone carries coverage...so now you have a larger pool of healthy people paying in to the risk pool and b) reduce coverage of sh!t like b0ner pills and other "optional" treatments.
I believe the current plan calls for (a), I doubt that it calls for (b). I will expect premiums to go up, unless the government subsidizes premiums for some...then I will expect taxes to go up.
Basically, I expect taxes and premiums to go up. I don't think your doomsday scenario plays out. I think things will be mildly worse for the majority of the currently insured and vastly, unbelievably better for people that are suffering with pre-existing conditions.
I have friends and family that are currently without insurance and have ALS and cancer, if you have to wait a month to get your MRI on your lame ass running injury so they can get the care they need, I don't really give a sh!t.