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Hoisting, Petards etc
Message
From
17/12/2013 08:04:06
 
 
To
16/12/2013 17:38:14
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
General information
Forum:
News
Category:
International
Miscellaneous
Thread ID:
01589629
Message ID:
01590456
Views:
40
>>>That grandfather clause was NEVER mentioned in the 30+ times that he made blanket promises.
>
>I'm asking you: what do you suppose is the purpose of the grandfather clause?
>
>I have asserted that the only logical purpose is so that people can keep their policy if they like it. At least for a while. My pick is that by end of 2014, the expectation is that those who chose to keep their policy will discover that the sky has not fallen for everybody else and in fact that they can do better.
>
>IOW no lie here, just an unexpected behavior by insurers.
>
>As for insurers: easy to poke the bone at them, but last week I heard that insurers canceled some policies to seed the exchanges to help them succeed. The great fear is that the exchanges will become an arena for expensive or otherwise uninsurables and that the profitable policies needed for any insurance scheme to succeed, might not eventuate. The addition of a few hundred thousand people many of whom we are told had wonderful policies, certainly will not hurt the exchanges.
>
>Did you see >quarter of a million enrollments in November with the daily numbers ramping up hard this month? Looks like things are coming right as we both predicted.
>
>Have you reviewed the latest website? Now you can review policies without having to register. The system is quite good at predicting possible tax incentives or other financial assistance, including relatively inexpensive policies for those who are confident enough to accept higher deductibles. Families of three on average household income, costing $320/month after the tax incentive? Not too shabby.

What amazes me is the idea that what is now an extra expense of 3840/yr on average household income for a family of three is affordable. Here come the negative comments, but it would serve us better to have that come out in our taxes every paycheck if we are forced to pay it. Just like social security taxes - there was a lot of screaming back when soc sec and medicare were first deducted from paychecks but eventually folks got used to it and many to rely on the benefits.

This was an interesting read:
http://www.nbcnews.com/business/obamacare-fight-vs-birth-social-security-which-was-uglier-4B11241122
.·*´¨)
.·`TCH
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"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
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