I'm Not An Economist By Any Stretch of The Imagination...

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June 28, 2012

38 notes

I’m Not An Economist By Any Stretch of The Imagination…

…So maybe one of you smart people can explain this to me.

Since, theoretically, everyone is now going to be required to purchase health insurance, but there hasn’t been an increase in health insurance providers to cover the soon-to-be huge surge in customers, what’s to prevent the insurance providers from raising their rates exorbitantly?

I mean, isn’t that what supply and demand is all about? We’re about to have a ginormous demand for health insurance but a limited amount of suppliers sooooo…massive price raising?

Maybe I’m wrong. I don’t know.

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windatyourfeels reblogged this from silverfoxin and added:

There’s got to be payment somewhere though. I’d be okay with paying higher taxes so that everyone could get healthcare,...
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Scare tactics: classic Republican. Now for some truth! Along with 80% of premiums being put toward medical care for the...
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vanfullersublime said: They would never do that!
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