Comments on: About Those Insurance Mandates http://lonelyconservative.com/2009/10/about-those-insurance-mandates/ Observations from a conservative in a blue state. With a little help from my friends! Fri, 10 Feb 2012 10:32:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Joe T. Plumberhttp://lonelyconservative.com/2009/10/about-those-insurance-mandates/comment-page-1/#comment-12445 Joe T. Plumber Sat, 17 Oct 2009 16:46:22 +0000 http://www.lonelyconservative.com/?p=11488#comment-12445 The 2 trillion he is referring to is how much the U.S. spends on healthcare a year, the GDP. Not Baucus's bill which is under 900 billion. Stop calling it "Obamacare", if Obama had his way we would have a singlepayer system, not this garbage thats coming out of the senate. The 2 trillion he is referring to is how much the U.S. spends on healthcare a year, the GDP. Not Baucus’s bill which is under 900 billion. Stop calling it “Obamacare”, if Obama had his way we would have a singlepayer system, not this garbage thats coming out of the senate.

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]]> By: I_am_a_lead_pencilhttp://lonelyconservative.com/2009/10/about-those-insurance-mandates/comment-page-1/#comment-12431 I_am_a_lead_pencil Fri, 16 Oct 2009 14:31:02 +0000 http://www.lonelyconservative.com/?p=11488#comment-12431 Insurance costs will spiral higher under this plan because it will be in the economic interest of young healthy people who are currently uninsured to pay the relatively minor penalty ($750 max) rather than the costly premiums. If a doctor DOES diagnose the young healthy patient with cancer or diabetes THEN they can still sign up immediately - pre-existing conditions and medical underwriting being no obstacle. All this will do is raise premium prices for the existing insured - forcing even more people who buy insurance on their own to opt out rather than pay the higher premiums. What you will have is a gradually sicker pool of people who are the ones actually insured and consequently higher spiraling premiums. This "death spiral" in costs will invite single payer legislation as the "savior" to bring down costs (a false selling point but the way it will be sold) down the road. Just what the administration wants. Robert Laszewski <a href="http://healthpolicyandmarket.blogspot.com/2009/10/senate-finance-health-bill-has-no.html" rel="nofollow">lays it out</a> lays it out. Insurance costs will spiral higher under this plan because it will be in the economic interest of young healthy people who are currently uninsured to pay the relatively minor penalty ($750 max) rather than the costly premiums. If a doctor DOES diagnose the young healthy patient with cancer or diabetes THEN they can still sign up immediately – pre-existing conditions and medical underwriting being no obstacle.

All this will do is raise premium prices for the existing insured – forcing even more people who buy insurance on their own to opt out rather than pay the higher premiums. What you will have is a gradually sicker pool of people who are the ones actually insured and consequently higher spiraling premiums.

This “death spiral” in costs will invite single payer legislation as the “savior” to bring down costs (a false selling point but the way it will be sold) down the road. Just what the administration wants.

Robert Laszewski lays it out lays it out.

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