How is the government shut down affecting you?

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Guv shut down is not really effecting my 401k, market pretty much ignoring it, to the repubs shigrin, not getting the ceiling raised on the national dept another matter.
 
Funny how the health insurance industry doesn't seem to be struggling too badly:

So far in 2013 the value of the S& P health insurance index has gained 43%. Thats more than double the gains made in the broad stock market index, the S & P 500. The shares of CIGNA are up 63%, Wellpoint 47% and United Healthcare 28%.

Matt

My phrasing, they "are folding up" portrayed inaccurately. Companies are dropping Health insurances, but continuing Home, Auto etc. These are not small obscure Insurance Co's, but major ones. They are not out of business. Insured people are. Choice of policy type & coverage, no longer ours.
Premiums, yearly deductible and co-pay were already a struggle to maintain.
Info found thus far: (for people not covered through employers) monthly premiums will be high, the total out-of-pocket completely unaffordable, with actual coverage reduced.
 
How so?

Who do you think pays for the care of the uninsured?

Isn't having insurance all about individual responsibility?

“If a young man wrecks his Porsche and has not had the foresight to obtain insurance, we may commiserate, but society feels no obligation to repair his car,” Stuart Butler, a distinguished fellow at the Heritage Foundation, said in a 1989 lecture on how to ensure affordable health care for all Americans. “But health care is different. If a man is struck down by a heart attack in the street, Americans will care for him whether or not he has insurance.”

Matt

Dude you have no clue....
 
How so?

Who do you think pays for the care of the uninsured?

Isn't having insurance all about individual responsibility?

“If a young man wrecks his Porsche and has not had the foresight to obtain insurance, we may commiserate, but society feels no obligation to repair his car,” Stuart Butler, a distinguished fellow at the Heritage Foundation, said in a 1989 lecture on how to ensure affordable health care for all Americans. “But health care is different. If a man is struck down by a heart attack in the street, Americans will care for him whether or not he has insurance.”

Matt

Are you even familiar with ACA? How about health care?

Prices are going up. Doc reimbersements down. This law increases the tax on an already taxed (read strained) system without actually adding way to relieve that stress. Add in this gov subs (read tax dollars from you or I paying for them) and you have a recipie for disaster. We already pay for those people, this ACA does nothing except I now have to pay for more people.


Two hospitols come to mind. Both recently DOUBLED the size of their ER. BOTH already need an increase (read millions of dollars) in size within months of the increase. I have actually witnessed people being told its a 4 hr wait in the ER.

And dont pull the individual responcibility card. The gov forcing u to buy ins isnt individual responcibility AT ALL. Its being told you have to. No lvl of responcibility.
 
...........as far as the second problem (new coverage) give it a shot .. don't let inaccurate media coverage worry you,just yet,,..........
the cost factor I mentioned did not come from media.
Applicants to new coverage are quoted premium prices & their own yearly out-of-pocket costs.
 
I carried the same policy for over 22 years, [had 4 surgeries, 2 major] and we have scraped to remain insured.
 
the cost factor I mentioned did not come from media.
Applicants to new coverage are quoted premium prices & their own yearly out-of-pocket costs.

HAVE you been on the website yet?.. NOT trying to correct you but as I understand it there is an affordable plan for every income group...and I am rooting for EVERYBODY to have insurance...I can't see the bad in less people having to be covered by the rest of us ( the non insured)TAKE my medicaid coverage for example,, if I let insurance"quotes " guide my buying I WOULD PAY UPWARDS OF $100 A MONTH for health insurance(on $893 INCOME)but by shopping around for the best deal and making sure I USE my subsidies I qualify for, I pay next to nothing,, and I can see ANY doctor I WANT,,,, PRETTY GOOD govt. run program ,, if you ask me!.. take your time and explore ALL your options,, I would be willing to bet MONEY ..YOU GET A BETTER DEAL THAN YOU HAD....:)
 
How so?

Who do you think pays for the care of the uninsured?

Isn't having insurance all about individual responsibility?

“If a young man wrecks his Porsche and has not had the foresight to obtain insurance, we may commiserate, but society feels no obligation to repair his car,” Stuart Butler, a distinguished fellow at the Heritage Foundation, said in a 1989 lecture on how to ensure affordable health care for all Americans. “But health care is different. If a man is struck down by a heart attack in the street, Americans will care for him whether or not he has insurance.”

Matt
You are slinging quotes for argumentation, which are veering into unwarranted put-downs.
I shared some actual affects and real experiences, both old and new developments.
This wasn't an argument. why do you have to win?

I will leave for now.
Happy upcoming Holiday season & New Year.
 
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