Quote:
Originally Posted by finnbow
I think it's a good thing that minimum standards have been set for health plans under the ACA. This allows for valid comparison shopping and, accordingly, the effects of competition to take hold. Some of the plans that are being bumped by the minimums established by the ACA should well be bumped.
In short, ACA, like any other law, will have winners and losers. The losers are the erstwhile freeriders and most other will be winners. Personally, I'm completely unaffected other than the ability to have my 22 and 24 year old kids stay on my policy and save a bunch thereby, even though both of their employers offer plans whereby ~75% of premiums are paid. Free is still cheaper for them than the remaining 25%.
This explains it pretty well:
http://www.washingtonpost.com/blogs/...surance-plans/ |
So, if I'm in a scenario where I've been relatively healthy, and I decide to purchase a health plan that has a $3000 individual deductible (which would be a non-compliant plan under ACA), so I can save money on premium and bank it for future health care expenses rather than simply pay it in premium to enrich a health insurance carrier, I'm a "free rider" in your definition?