I’ve gotten some flack by claiming that my rates went up 77%. Many readers claimed I was lying and faked my screenshots. Well, here’s confirmation from California’s Insurance Commissar:
The cost of health insurance for individuals skyrocketed this year in California, with some paying almost twice what they did last year, the state’s insurance commissioner said.
But Insurance Commissioner Dave Jones predicted that insurers will ease up in the coming year to prevent California voters from approving tough new rate controls on the November statewide ballot as Proposition 45.
Insurers and opponents of Proposition 45 dismissed Jones’ comments as misleading and politically motivated.
At a news conference Tuesday, Jones said individuals this year paid between 22% and 88% more for individual health insurance policies than they did last year, depending on age, gender, type of policy and where they lived.
Source: Los Angeles Times
Right before Halloween, President Obama lashed out at what he called “bad apple insurers.”
“One of the things health reform was designed to do was to help not only the uninsured but also the under-insured,” Obama said. “And there are a number of Americans, fewer than 5 percent of Americans, who’ve got cut-rate plans that don’t offer real financial protection in the event of a serious illness or an accident.
“Remember, before the Affordable Care Act, these bad apple insurers had free rein every single year to limit the care that you received or used minor pre-existing conditions to jack up your premiums or bill you into bankruptcy.”
One would surmise that Obamacare would somehow put these “bad apple insurers” out of business. Of course, no such thing happened because the statement is a blatant lie.
When Obama was pitching Obamacare, he realized people would be concerned about losing their current insurance and paying higher prices.
If the American public believed this, Obamacare would be dead on arrival. So, he repeatedly insisted that this would NOT be the case. Here are some quotes from President Obama:
If you’re one of the more than 250 million Americans who already have health insurance, you will keep your health insurance. This law will only make it more secure and more affordable.
If you like your doctor, you can keep your doctor. If you like your current health insurance plan you can keep it.
If you like your doctor, you will be able to keep your doctor, period. If you like your health care plan, you’ll be able to keep your health care plan, period. No one will take it away, no matter what.
Now, anyone who did even a cursory reading of the Affordable Care Act knew the President was lying.
If you believe this one, you’ll probably also believe that Obamacare will give you a free unicorn ride with every mandatory checkup. Did you know that it’s illegal to pay for private medical care in Canada? Yes, you heard me right. Illegal! Even so, every week private health clinics are opening. Wait a minute! Why would anyone break the law and pay for healthcare when they can get it for “free”? Why? Because Canadian socialized medicine is a big FAILURE.
Not only do you have to wait months to get life-saving operations or treatment, it’s also practically impossible to get a family doctor without waiting years. Government employees are telling people to seek private care if they don’t want to wait hours, weeks, or months for treatment. There is a lottery for family doctor openings. People in the United States will have no where else to turn to because we did have the best healthcare in the world.
Regardless of what President Obama says, his prescription to save healthcare will end up crushing private healthcare and leave the government as the sole provider. Think about it. Obama wants to force insurance companies to accept people with pre-existing conditions.
While this sounds like a good idea in theory, in practice it will bankrupt insurers. What most people don’t understand is that insurance is based on probabilities. Everyone pools their money and no one knows in ADVANCE who will benefit. If someone knows in advance they’ll benefit, then it’s not insurance. It’s systematic wealth redistribution.
Just imagine if the government thought it was a terrible thing for people to go without car insurance and forced insurers to accept car owners with pre-existing conditions, e.g., collision damage. Would anyone think this was a good idea? Of course not. Car insurance companies would go out of business overnight from people without the foresight or desire to buy insurance before they had accidents. In effect, it would lead to massive wealth redistribution from existing to insureds to new insureds.
Of course it’s unfortunate that some people cannot get insurance. But is the solution to socialize medicine and force everyone else to suffer under a healthcare system that will most definitely be plagued with poor service, limited choices, and long lines? I don’t think so.
We should repeal the thousands of government coverage mandates on health insurance companies and let them insure ailments and injuries that people have little or no control over. The rest should be paid out of pocket. When this happens, medical care will be affordable.
Don’t think so. Consider this. Radial keratotomy eye surgery and plastic surgery aren’t covered by insurance. Ever hear of $200k radial keratotomy or plastic surgeries? Of course not. Why? Because people have pay for these surgeries out of their own pocket. When that happens, prices have to drop to a level where people can afford them