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

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  •  This has always been my concern. (3+ / 0-)
    Recommended by:
    Odysseus, randomfacts, GayHillbilly

    The beauty of (ahem) single-payer is that everybody is paret of the pool, ill and well alike, reducing overall individual insurance costs.

    It is, indeed, the PPACA's fatal flaw. If enough 20 and 30 somerhings decide to opt out, the program is in trouble.

    I know you believe you understood what you think I said, but I'm not sure you realize that what you heard is not what I meant. -- S.I. Hayakawa

    by tapu dali on Wed Jan 30, 2013 at 04:19:00 PM PST

    [ Parent ]

    •  I'll opt out (0+ / 0-)

      I see no reason why I should pay for it when I'm healthy rather than just buy it if I happen to get sick.

      •  Playing with fire, but I see your point (2+ / 0-)
        Recommended by:
        elginblt, GayHillbilly

        Trouble is, something like an emergency appendix removal, a car crash, really any emergency situation and you won't have time to "buy it" when you need it.  Your emergency room bills will bankrupt you if you aren't independently wealthy and you don't have insurance.  

        I understand your point but you're really toeing the line on your financial health by trying to game the system to save yourself a thousand dollars or so a year...

        With that said, a single payer system where everyone is enrolled is the solution to this but... yeah.  We're not there yet.

        [Terrorists] are a dime a dozen, they are all over the world and for every one we lock up there will be three to take his place. --Digby

        by rabel on Wed Jan 30, 2013 at 06:58:21 PM PST

        [ Parent ]

        •  correct (0+ / 0-)

          but then it's not "health insurance", it's "anti-bankruptcy insurance". I don't have much to lose in bankruptcy anyways.

          it's not financially worth it for me to buy a plan that covers normal checkups, because those cost so much even though I'm young and healthy.  if I get catastrophic coverage, then that' snot really health insurance, it's bankruptcy protection.

        •  further (0+ / 0-)

          part of the point is that if I DID get sick, then I can just sign up for insurance then - they will have to take me.

          •  not if it's sudden (1+ / 0-)
            Recommended by:
            GayHillbilly

            You won't get coverage for bills you've already run up, and while you momentarily don't have anything to lose in bankruptcy, that won't always be the case.  If you apply for insurance after you're sick, the insurer could just take it's time processing your application. Also, don't assume bankruptcy will get you out of all bills. Remember how upset a lot of us were about the bankruptcy law back in I think it was 2005? There are personal debts that can't be discharged in bankruptcy. I don't know the details, but I know I don't want to learn the hard way.

            •  Correct (0+ / 0-)

              But when we are talking about the calculation of premiums vs. chance if needing lots and lots of medical care, the fact that you can still get insurance for expensive but not sudden ailments makes it even less of a risk than it would otherwise be.

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