From the diaries by Erick.
This article from Colorado (h/t Drudge) should end any lingering doubts.
Let’s compare what the insurance execs claim…
Their concern: People will buy insurance only when they desperately need it, such as after they’re diagnosed with cancer or heart disease.
Healthy people might choose to pay the penalty, now proposed at a few hundred dollars per year, because it is far less expensive than buying insurance.
Insurance companies, under that scenario, would end up spending more to treat patients than they would receive in premiums. Rates would rise even faster than they do now.
“People would come in, pay premiums for a few months while they were getting their cancer treatments,” said John Martie, president and general manager of Anthem Blue Cross Blue Shield of Colorado. “If enough people did that, the whole system would collapse.
…vs what some moron on the left has to say about it.
Reform advocates say it is farfetched to assume people who can’t afford insurance — and might qualify for government subsidies — would opt to pay a penalty instead.
“They are assuming that people would game the system,” said Denise de Percin, executive director of the Colorado Consumer Health Initiative.
“They are looking at the worst-case scenario. People aren’t stupid — they are not going to pay a penalty and get nothing,” de Percin said.
Is she REALLY that stupid to believe what she’s saying here? Let’s say your choices are these:
– Pay $10 or $15 a month “penalty” which is wasted money. Then if you ever have a serious medical problem, start paying $100 or $150 month for insurance which covers your pre-existing condition.
– Pay $100 or $150 every month for insurance, which is wasted money if you didn’t have any major medical issues.
Under this setup, the only way people are stupid is if they DON’T “game” the system.
It’s amazing how ignorant these fools are. People are 100x times smarter than they are.