5 Obamacare Facts

"The cost of Obamacare. This is an elusive number. The original cost of Obamacare was supposed to be under $1 trillion. One estimate floating around has the cost at $1.36 trillion. Given the fragile state of the economy, our exploding national debt, and the need for further federal stimulus, why are we spending so much money to enroll 10% of Americans, at most, in Obamacare, many of whom will likely opt out?

Young people. An effective medical insurance arrangement should have both healthy and not-so-healthy participants, or rates will skyrocket for sickly participants. Obamacare, in effect, encourages healthy people to subsidize unhealthy people with the threat of a penalty. The question is, how many healthy people will opt out and pay the relatively small penalty to avoid a very costly new expense? If a large number of people, in particular young people, do opt out, Obamacare rates will become astronomical for those who do participate."

Here is just two from the article.


[link to www.policymic.com]