Age is a big factor in how much medical care people are expected to use. But the ACA made the ratio between how much we are allowed to charge a 64-year-old versus a 21-year-old too small. Mike Bertaut breaks it down in this new video that helps explain why young people are being priced out of the market and driving up costs for everyone else.
How many times have you seen something in the news and been surprised?
Today, my phone was ringing, and the display showed a phone number in Menomonie, Wisconsin. “Computer-driven sales call” was my first thought. I don’t know anyone in Menomonie. But the call kept coming, twice a day. Finally, after sending it to voicemail three times, out of sheer frustration, I just went ahead and answered it:
You’ve got to love America. We have a long history of love/hate relationships with mood-altering substances, which we have often described as having “medicinal value” until science stops us cold. Of course, these scientific studies in medicine often never catch up to folklore, which exists everywhere in our culture in the form of things we “know” but cannot prove.
Requiem for the Individual Mandate
I’ve always liked the word “requiem,” which the dictionary says means “a ceremony or remembrance of someone who has passed away.”
Since early 2013, when we got the final rules for employers offering health insurance coverage under the Affordable Care Act, I have spoken to and met personally with literally thousands of employers to help them understand their compliance burdens under the ACA as business owners. Many of them were, and still are, Blue Cross customers. I want to take this opportunity to thank you for your loyalty to us. And because you’ve stuck with us, I want to tell you Straight about an ACA issue coming up now that could affect you.