Does anyone realize that by making health insurance mandatory, your insurance premiums will skyrocket?

[gofraidh34]

Having worked in the health insurance industry, you have it exactly backwards. Your premiums are high now because everyone does NOT pay into the system. Those who do pay cover those who don't when they need medical treatment. If everyone is mandated to get coverage, there will be more people contributing to the pool of funds available for health-insurance coverage (and pre-ex won't be an issue anymore). Those complaining about mandated coverage are just whining about losing their free ride.

[kienan]

Car insurance hasn't skyrocketed. This is nothing more than the sky is falling rhetoric.

[sheridan93]

There is an opt-out option, neocon

[wardell]

Why would they skyrocket?
If anything the insurance companies might lower their premiums to keep customers instead of losing them to the government.

[tanishia]

Why would they skyrocket?
If anything the insurance companies might lower their premiums to keep customers instead of losing them to the government.

Regardless of the outcomes, they must pass the corporate legislation of their supporters. They have promised to establish a number of goals, and corporation's means of survival is dependent on that since they have previously invested accordingly.

[clem84]

'Skyrocket' is a kind of buzzword that overstates the case. Not only that, according to the theory of insurance, the more people in a plan the lower the cost per person. That's why we have 'group plans'...to spread the risk over a larger group of individuals. Secondly, there's a huge difference between a for profit HEALTH INSURANCE company, and a non-profit public HEALTH INSURANCE company when it comes to cost. A for profit company has a much higher operating overhead, and it has to make increased profits every quarter to maintain and enhance the price of it's shares. Medicare operates on a three percent operating overhead with no 'profit' premium. Other reforms outside the insurance venue that impinge on overall costs are way overdue for change, but let's fight one battle at a time. We need a strong public option though some form of UNIVERSAL HEALTH INSURANCE would be a better deal all around. That would in itself make health insurance affordable as befits a first world country like the United States.

[berwin]

If "health care reform" would be such a great deal why would failure to buy health insurance have to be punishable with heavy fines and/or imprisonment? Where are the plans to build new hospitals and other health care facilities? Why isn't much being done to reduce the cost of medical training? Won't more people receiving health care necessitate the practical means to provide it?
On the other hand if it's really a matter of the insurance and health care companies (which contribute heavily to politicians) making more money at the expense of the public, then everything makes perfect sense.

[wardell]

If you're so opposed to it, maybe you should just quit your job and leach off the government teet like a true, Obama-loving American.