re: #91 Targetpractice

Commenter on TPM just pointed out a very great defense to the whole “rate spike” charge by ACA critics, namely that the law has protection from that shit built in. If people do indeed sign up for plans in ‘14 that are more expensive but 80% of the money paid doesn’t go to claims next year, then they get a nice fat check from the insurance company in ‘15 for having overpaid.

In other words those people bitching that they don’t need everything that comes with a basic plan because they won’t use it will be happy in ‘15 when they get a check for all the services they didn’t use.

And it also ignores that people are comparing apples to zombies. ACA policies are far more comprehensive than some of the policies being offered up as proof of rate spikes, ignoring that the person would further be eligible for subsidies that bring the cost down significantly.

Same deal with stories that supposedly cause massive hikes in insurance costs to college students. That ignores that the policies previously offered were not worth the money they charged, and that these college students could either now get included in their parents’ comprehensive policies, or they could get their own policies that are more comprehensive and be eligible for subsidies that reflect the fact that they’re not making a whole lot of money (that they’re college students after all).