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Old 12-06-2017, 07:55 PM   #11
FlyingScot
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Default Romneycare's been great

It's funny how different states have different experiences. In Mass, Romneycare, which is strikingly similar to Obamacare, seems to have had strong downward pressure on individual rates. Individual policy buyers used to pay close to 2X what a group plan would cost, now there's maybe a 20% premium. Key in Mass is that almost everyone has insurance, so the sick do not push up the rates as much as they would if they were the only individuals buying.

I agree the annual increases are terrible, pretty much across the board. But Obamacare was not set up to reduce premiums, it was set up to get more people insured. It's done that in spades--adding 20 million people--and this year enrollment is at a record level.

Let's hope Republicans and Democrats can collaborate on a plan to lower healthcare prices.
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