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It might do that, but so what? A slight increase in fixed costs, with a massive decrease in variance will decreases the risk of medical bankruptcy considerably,
by MaysonL 13y ago
It might do that, but so what? A slight increase in fixed costs, with a massive decrease in variance will decreases the risk of medical bankruptcy considerably, even for the young.
You seem to be under the impression that all potential entrepreners are young, without dependents, and without pre-existing medical conditions. Not true.
- NoPiece 13y agoIt does help potential entrepreneurs with preexisting conditions. But it hurts potential healthy entrepreneurs whose rates have skyrocketed. So it is unclear if there is an overall net benefit, and the article doesn't provide any evidence that it would drive a tech boom.
- ghaff 13y agoNote also that (as I understand it), if someone already has insurance they can maintain it through HIPAA. The main difference in that case from the new law is that they can't let their insurance lapse or there is no obligation for the insurance company to renew it.
- dantheman 13y agoLots of insurance plans people had are being cancelled since they don't provide coverage mandated by ACA.