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View Diary: Obama administration issues rules for individual mandate, America continues to exist (94 comments)

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  •  a few points: (2+ / 0-)
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    Odysseus, Willa Rogers

    a) you are correct that $44k is not poor. it's a lot higher than the median wage, in fact.

    b) still, because insurance can be incredibly expensive, it can still eat up a very large share of the income of somebody making that much money.

    c) you state that "you should be required to carry insurance" as a matter of fact.  You didn't offer any reasons why you think that.  I disagree, since such a huge portion of insurance payments is basically wasted, especially on things like executive's 4th vacation homes.  

    •  It is a matter of fact (1+ / 0-)
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      nolagrl

      It is the law. And as far as wasted premiums, the medical loss ratio greatly reduces that.

      •  well (2+ / 0-)
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        Odysseus, Willa Rogers

        as for it being the law, that's not a good answer in a discussion of the value of that being the law.

        Further, even with the medical loss ratio, it's still a large % going into private pockets (and the return is a lot less than something like Medicare).

        And that's if the medical loss ratio holds - which it won't (it often hasn't in places where it was already law, such as California). There is a provision for insurance companies to request exemption from it in the ACA, and it comes down to one executive brance person (a position created by the ACA, but I forget the title of the position) to say yes or no. There's a good chance of regulatory capture.

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