@CTLAWYER-
I’m not sure why you still don’t believe that after the ACA was enacted we were paying 400% of what we were previously paying. Seriously- where did you think the huge amounts of money would come from, if not the hard-working middle class?
I agree though, there have been many threads about the ACA and I did take this thread off topic- I was leading you up to this so that I can point out the following (about self-employment vs. working for a corporation) and ask a question that I’ve asked before (not necessarily to you) but haven’t gotten a response.
It’s your choice to be self-employed- you seem like a smart person with skills that many corporations could use. You chose to be self-employed because you probably make more money that way. Many corporations (even pre-ACA) had generous health insurance plans with no lifetime limits or preexisting conditions exclusions. Health insurance for those who paid for it themselves was very expensive and didn’t cover as much as corporate plans did (except possibly paying for the most expensive of plans).
So, here’s (a slightly different version of) my hypothetical question again. Let’s say you have two families, let’s call them A and B. The A family lives in a small size house and has a small amount of savings. Mr. A works in an entry level position for a corporation and has a generous health insurance coverage. The B family lives in a large house and has a respectable amount of savings. Mr. B is self-employed, brings in a nice income and has health insurance but it has a limit of $1,000,000.
Unfortunately, the B family has unexpected health expenses and it exceeds the cap. Should the government:
a. Expect Mr. B to get a job with a large corporation that has no preexisting conditions exclusions and no lifetime cap,
b. Expect the B Family to use their savings towards their expenses,
c. Expect the B Family to sell their house for a smaller one and put that money towards their expenses or
d. Raise the premiums and deductibles for the A Family which will wipe out their savings, make them unable to pay their mortgage and force Mr. A to sell the house, move the family out of the only neighborhood they ever lived in and find a new job?