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You know maybe they should just call -- the unaffordable health care act because now the very folks for whom it is targeted say the price tag is too damn -- So it low wage workers can't afford it and two out of three uninsured Americans for -- whole health care system was -- Don't even want it.
-- to become -- let's just happened when we found out what happened.
I called the no free lunch act not the affordable care because.
A lot more and more people are finding out it's just not gonna work for them if you make more than 161000 dollars a year -- you cannot qualify for Medicaid.
Well you know what.
Here's the other thing though if your employer once they can offer you a policy that will allow that will make you pay nine point 5% of your yearly income.
For your premiums now if you make 20000 dollars a year.
That's 2000 dollars almost 2000 dollars plus whatever the deductibles are.
People cannot afford -- you may 20000 dollars a year you can't afford almost 2000 dollars for your health insurance now why is this happening.
Because of all the things that of being being covered here and you've said that many times on the show and I've said.
If you cover preexisting condition to -- cover people up to the age of 26 if you cover all this preventive services premiums go up.
Employers not gonna wanna pay those premiums they're gonna.
Put -- pass on as much as possible to the employee.
They'll make you a part time worker or they'll chart they'll offer you a policy you can afford next thing that happens is you can't afford you say well I'll go to the state exchange.
But you can't get the tax credits if you do that if your employer offered you -- policy you can't get the tax advantages on the state actually not a thing where did.
-- out there was so long.
To make it so -- so difficult so expensive.
That ultimately you'll fall into the government's planned this will be the single Payer system.
That the president wanted all along and and the government will be calling -- -- Well I I don't know if if it's single -- they have in mind but I'll tell you 1 thing well I -- and by that I mean the US government right I know that I know that what what I think they have in mind -- -- this enormous entitlement that keeps getting spreads and spreads without any idea of what you're getting what you're paying for how much something cost -- you really needed or not.
I've said from the beginning why -- all these patients that aren't sick.
Going to the doctor's office and why does insurance have to cover that you know I like high deductible plans for middle class workers why because it reminds -- them maybe I'm not sick maybe I don't have to go to the doctor Terry.
That's why the costs are going up.
What I mean what I can't understand of the uninsured I mean they're the ones who who we we we dropped an updated our entire healthcare system and makes and it covers open it.
90% of Americans who.
Who were okay -- their coverage we we rock the boat to cover the 10% as a -- did not and now this 10% or by and large are saying.
Being helped pass.
Because that's what it tells you that there.
And that the entire law was misconceived.
As you're saying.
It also tells you that it was misconceived for a very important reason it didn't think in terms of catastrophic insurance.
Everybody agrees that everyone should have catastrophic insurance where that there's suddenly of a heart attack insurance is different cover to cover them.
I don't agree that insurance should cover every bell and whistle and a lot of people out there.
Feel the same they know that there's no free lunch they know that a -- covering everybody.
With diabetes every time they want to go to the doctor's office.
The bill is going to be sky high reactions from the society of actuaries said 37%.
Increase in health care cause.
Under the Affordable Care Act all of that translates to hybrid preferred camp government subsidies well put doctor thank you very much doctor Marc Siegel.
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