Originally Posted by raps
Companies are already sending out notices to employees that insurance rates are going to rise because of this bill in response to the company receiving notices from the insurance companies. The minimum coverage changes are going to increase costs. Now, it is providing subsidies for those who have limited income but how much is that really going to help the middle class most of which are above the cutoff and already struggling in this shithole of an economy? The bill will also reduce reimbursements to doctors which makes the whole idea of becoming a doctor less attractive and they will more than likely have to offset that reduction somewhere else like the insurance companies who in turn will raise rates to keep up with the additional cost.
Is it perfect? Hell no few things are but there was nothing for millions of americans before this act.
Like I said before this was put in place for many millions there was nothing, not a little bit or less than was needed there was nothing!
And with the sudden jump in the number of insurance customers, insurance companies should be carefull with any increases. They already have to give out millions in rebates for overdoing wages and bonuses. I'd love to see them have to do it again for unecessary rate increases.