Quote:
Originally Posted by Sly
I think so, yes. I believe some businesses will be doing the same.
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I read that in the CBO report. 7 million people are losing their employee insurance as companies are opting out over ObamaCare.
As for ceilings on premiums...yes there is a ceiling on the PROFIT that they can make. The insurance company is only allowed a certain percentage of profit on all premiums.
But since taking pre-existing condition patients is a total loss for them...the premiums are gonna be sky-high for that. And it's also probably the reason why all the rest of us are seeing our premiums go through the roof too.
Remember, the theory was that now since so many people were going to buy insurance it wouldn't cost as much? That ain't the way it's working out at all.
Again I will say it: The govt., the media, Big Pharma, Big Medical, Big Insurance are all holding hands and charging the people of the U.S. 3, 4, even 10 times what every other country pays for the same exact procedures and medication.
Until we stop letting politicians get away with this we are all gonna continue to be screwed.
ObamaCare should be repealed. EVERY politician in the govt. should have term limits (preferably ONE AND DONE). And instead of "investigating" steroids in baseball or putting Martha Stewart in jail...the Congress should be holding hearings to investigate the trillion dollar medical scam in our country and putting those people in jail and getting medical costs back to reality with the rest of the world.