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Death Spiral- not Death Star


When more people with medical problems sign up for an insurance plan then healthy people with few problems, a death spiral begins.


As the rates for the insurance escalates due to the great increase in claims, the healthy people tend to drop off of the plan. This causes , guess what, higher rate increases.


Keep this up for a few years & you can understand the name - death Spiral

The 5 worst things about the Affordable Care Act<Obamacare>

  1. Causes an immediate death spiral of rates< see the next posting for an understanding of <death spiral>
  2. Raises overall cost of health care
  3. Most people will lose their current health plan.
  4. Will cause a shortage of doctors. Where do think all these newly insured people with health issues are going- to your doctor.
  5. Leads to Single-Payer in 3 – 5 years.

The 5 best things about the Affordable Care Act <Obamacare>

  1. No Pre-Existing condition concerns
  2. Rebate/Discount available to middle and lower income people.
  3. Encourages people to enroll in a health insurance plan.
  4. When enrolled plans encourage people to get a check-up. Preventive services covered @ no deductible or co-pay.
  5. Makes comparing plans easier
  6. Leads to Single-Payor within 3- 5 years.
When you will lose your health insurance coverage under The Affordable Care Act
 
Maryland Health Exchange
Businesses Renew Early To Prepare For The Affordable Care Act
What's happening with health insurance in Maryland:
  • Obamacare
  • Any Maryland resident can get health insurance, regardless of health.
  • It is usually very affordable and if household income is low, then even more affordable.
  • Look at plans with deductibles only.
  • I never heard of anyone losing their ins. due to health problems or claims unless they intentionally lied on the application to get the insurance.
  • Folks on Medicare may save money by leaving a group, or they may not, it needs to be analyzed with all the facts including pharmacy costs
  • Many small groups can save a lot of money by switching to individual policies, as individual policies can cost as little as one third the price of group policies,I know this is the opposite of what a lot of folks think.
  • If you are going to have surgery down the road , I wouldn't put it off for a long time as I would not want Rahm Emuel determining my options for surgery.
  • Please , when you vote next time pay attention to what they have done in the past, whom they were associated with, what their real values are, not what they say they will do..
  • save your money
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