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Remember when we were told that insurance companies would go bankrupt without the individual mandate and then it was ruled unconstitutional and not implemented
by willcipriano 3y ago
Remember when we were told that insurance companies would go bankrupt without the individual mandate and then it was ruled unconstitutional and not implemented after the first few years and insurance companies made more money than ever?
The insurance industry could've tolerated quite a bit of disruption. The ACA was successful in ensuring the donor class got to keep the profit levels they are accustomed to, the only thing it was ever designed to do.
- tzs 3y ago> The ACA was successful in ensuring the donor class got to keep the profit levels they are accustomed to, the only thing it was ever designed to do. So it reducing the number of uninsured by many millions was just an unintentional consequence, or what?
- willcipriano 3y agoHealth insurance != Healthcare. Now a bunch of people are paying hundreds a month for a ten thousand dollar deductible. Those people already pay for socialized medicine (the US spends the most on socialized medicine per captia), so I don't see that as a win as much as a gift to the insurance companies.