Quote of the Day

Health insurance is going to cost a lot more than it did…You either pay higher prices in higher premiums, or you pay a higher price in limited access to which doctors and hospital you can go to.

Robert Laszewski

Comments (15)

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  1. Ashley says:

    Or you could pay the no insurance tax.

    • Bubba says:

      My late father always hoped I’d become a preacher! Maybe I can fulfill his wish by starting the Church of No Insurance. For a mere $100 annual membership tithe, parishioners will get a certificate stating it is against their religion to purchase health coverage unless they are sick. That will exempt them from the No Insurance Tax.

      • Paul says:

        Actually, faith-based health care sharing ministries are exempted from Obamacare. Plans such as Medi-share and the Old Order Amish Church Fund allow people to pool their resources and pay health care expenses from contributions to the fund.
        This is a new twist on what fraternal orders in the U.S. did before health insurance became widespread (following WWII).

    • Nigel says:

      Do we know exactly how much that is going to be?

  2. Bolton says:

    “Covered California, the state agency implementing the law in the state, last month announced that 13 different plans will be available on its health exchange and that the average monthly premium will be around $321.”

    We’ll see what happens

  3. Cory says:

    Is there actually competition?

    “State officials said aggressive negotiations with insurers, as well as competition among the insurers themselves, are holding rates down”

    • Craig says:

      I would say no, a government backed insurance policy (or anything really) historically decreases competition, or if it does in the off chance, it will create temporary competition through price market distortion and cause more problems with costs for insurance.

  4. Lloyd says:

    What will cost you more, to have health insurance or to not have health insurance? We all need to ask ourselves that question.

    • Jeff says:

      I’m going to keep my soul, instead of selling it for the incredible benefit of more expensive healthcare premiums.

      …oh wait. lol

      • Jordan says:

        There’s a number of studies that suggest people without health insurance are actually better off than people on Medicaid.

    • Roget says:

      I think I’ll keep my catastrophic coverage and offer patronage to minute clinics.

  5. William Jones says:

    Obamacare is an Obamanation.

    • Nigel says:

      It was actually Mitt Romney who implemented and crafted the idea in the U.S. first…you can’t blame Obama.

      • Ellen says:

        Romney had to go along with the Democratic State legislature in Massachusetts. He did oppose the plan, but the “residents” wanted it, meaning the legislators, and now the residents wish they didn’t have it….much like what will happen in 2014 to the rest of the country.

  6. Erik says:

    The quote is also accurate regarding today’s private insurance offerings. Higher premium, Higher deductibles, Higher out-of-pocket costs, Smaller networks.

    What is the difference really???