Comments by "whyamimrpink78" (@whyamimrpink78) on "Let The Obamacare Sabotage Begin..." video.

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  6. " Premiums were increasing before the ACA, and they increased less under the ACA than they were projected to rise without a change to the healthcare system." Two things. One, Obama promised premiums will drop. Next, they slowed down because of the recession, not because of Obamacare. The fact that they still went up after Obamacare during a recession is a bad sign for Obamacare in all reality. "Additionally, "reducing choice," as you put, it by mandating that people buy insurance is necessary in order to increase the liability pool and reduce costs. " No as it increases costs. You created a monopoly. Insurance does not create a pool. That is not how insurance works. Insurance works by paying out on situations where extreme cases happen. Many people who pay insurance will actually pay in more than they will ever receive back when they actually need it. But you pay into it just in case something happens. But this idea that it is a pool is false. "If only the people who needed healthcare bought healthcare insurance, then the cost of health insurance would rise dramatically. " That is not how insurance works though. You don't buy insurance when you need it. You buy it just in case you need it. Just in case something unexpected happens. "The fact that insurers are pulling out of exchanges is as much a failure of the private insurance industry as it is a failure of the ACA." No, that is a failure of the government creating barriers in the insurance market. To me it really stems from the payroll tax. I ask this to highlight the problem. 1. Why do so many employers pay with healthcare insurance as opposed to a higher rate? 2. Why does healthcare insurance equal healthcare? "The fact that insurance companies can't provide quality service at a reasonable cost to so many people without endangering their profits is a demonstration that they are an ineffective solution to providing healthcare on a national scale. " No, that is because the federal government created barriers in the market. Look back at my two questions. People never really had a choice to begin with when it came to healthcare insurance. "Granted, this problem could have been mitigated if the ACA provided more subsidies and/or price controls. " Both of which would have made the situation worse. Price control never works in economics.
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