Does “ACA health insurance” classification used here include everyone who buys insurance on their own who are not employed by a large-enough company or on Medicare/medicaid?
The job-based insurance system in USA is so bogus.
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The job-based insurance system in USA is so bogus.
Prices are rough these days, because Republicans later removed the individual mandate. The system was never gonna survive that; it changes the economics entirely.
Premiums for all plans have been going up basically every year, even for those who don't qualify for any subsidies.
> If healthy people opt out, the insurance pool is left with those who cost insurance companies more — people who can't go without health insurance because of chronic conditions or expensive medications. "That's why insurance companies are going ahead and charging a higher premium, with the expectation that the market is going to get sicker next year
The short term effect would be an increase in costs but no increase in pay for most people.
A switch from employer-pay to government-pay should be a no-op for employees with employer health insurance. But in a naive scheme, it isn't. The burden for paying for health insurance moves from the employer to the employee (through increased taxes). The employer benefits because they stop paying for health insurance, the employee pays the costs.
Voters, who are mostly employees, would hate it.
OTOH, an on-paper pay raise for employees that doesn't cost the employer anything? That'll be much more politically palatable. "Both your taxes and your salary go up 10%" is a lot more palatable than "Your taxes go up 10%".