Actually, Ucodegen didn’t quite “nail it”. This is a huge powergrab by the American Left and their toadies and stooges for 1/6 of the US economy.
I was trying to avoid being inflammatory. There are actually 2 possibilities. One is your example of “Everything will be provided for, but nothing will be available.” and the other of being taxed to death to maintain status-quo in the current care level.
I believe we will eventually see a repeal of this bill.
And/or a constitutional challenge. The end run that was done to pass it, contradicts constitutional provisions to prevent “abuse of majority”. The ability to filibuster provides a mechanism to prevent “abuse of majority”. Remember what happened to the line item veto that was put in place for the president. It was brought before the Supreme Court and it was determined that it upset the balance between Congress and President as was originally determined by the founders of this country.
If you have cancer or a very expensive disease, then what do you think will happen to your savings if you have no insurance?
I have over 20 years of saving and investing what would have normally been paid into insurance. Have you ever taken all your payments into the insurance system and applied an internal rate of return of about 5% on it? The amount I have saved is more than the amount that insurance would generally cover. You have also failed to ask why cancer is so expensive to treat? Are the drugs really that expensive to manufacture? Why is the hospital bill for the room so high? What this bill does is stop you from really paying attention to the costs.. because it is covered and all you see are the monthly drip-drip-drip. Much in the same way that people concentrate on the monthly mortgage cost as a gauge whether a house is priced right, and ignore the total cost.. and then find themselves upside down.
I didn’t see auto rates increase in CA. In fact, my auto insurance rates have come down substantially when I switched to Wawanesa (A Canadian company that is very well managed).
It wasn’t the law that did it.. it was going to Wawanesa, which makes some questionable statements if you ever have to actually ‘collect’ on that insurance. My truck got hit by a person covered by Wawanesa and they tried to make the statement that they are not responsible because the person (a relative of the covered) was not on the insurance policy. It was clearly the fault of the person being covered. The truth is that they charge for the car and the car, not the person, is what is covered. If you have two cars and are the only driver, you get charged more.. though you can only drive one at a time.
