December 7th, 2016 11:48 AM
Health insurers are laying out a list of demands if Obamacare is repealed and replaced. One of the demands is to keep in place the subsidizing of low income individuals who cannot afford to pay for their own health insurance as well as keeping rules in place to “encourage” young people to participate.
Let’s think about this though. Why would these two rules be so important to health insurance companies?
Easy. If you add tens of millions of new customers to your business model you’re going to make more money. The health insurance companies could care less who pays for it because in the long run, they get everything. So of course, they want the government to subsidize low income customers. Furthermore, they want to keep the rules that “encourage” young people to participate. They should have used the word “force” instead of “encourage”. If young Americans don’t get health insurance they are fined, which is a deplorable sales tactic that if any regular business owner used, would be thrown in jail.
Thanks for nothing Obama. Looks like health insurance companies are going to make more money. Not to mention the prescription drug market monopolies ripping off Americans. At this rate, insurers might as well start selling auctioning kidneys to the highest bidder.
Medical companies are taking advantage of Americans who can’t afford their criminal prices.