It appears that the number of young adults without health insurance in the U.S. fell by 2.5 million this year. How did that happen? The passing of the Affordable Care Act (ACA) or “Obamacare” resulted in people being able to stay on their parents’ health insurance plans longer.
My company’s insurance premiums have gone up 20 to 30 percent every year over the last five or more years. We have had to change plans and insurance companies every other year to give up some services or benefits in exchange for keeping the premiums lower. It’s been an endless spiral just to keep up.
I am an employer, a job creator, and I must humbly admit: I want a public option. This old way that we have had for the last 30 years clearly isn’t working for me.
The conservatives want to “repeal Obamacare” and the American public is drinking that Kool-Aid. Obamacare is now a reviled term. I don’t get it.
- It raises the age for young people to stay on their parents’ plans. This helped me with my children.
- It makes insurance more accessible and affordable for small business. This is going to help me with my business.
- It removes restrictions on pre-existing conditions. While I am fortunate not to have any preexisting conditions, it is a huge deal for anyone that is unfortunate enough to have a preexisting condition.
- It removes lifetime caps. Again, it didn’t affect me, but heaven forbid I get cancer or something.
So unless you are an insurance company, WHAT THE HECK IS SO BAD ABOUT ANY OF THAT? Why do Romney and Santorum want to repeal it?
- To get kids between 21 and 25 back into the risk area of no insurance?
- To raise my corporate premiums another 30 percent next year?
- To lock us out of insurance if we are unfortunate enough to have a preexisting condition?
And this is the Kool-Aid we drink.