The Answer to Obamacare's Exploding Costs

Obamacare is racking up expenses, in particular, with the creation of insurance exchanges. In this video, David Williamson looks at this feature of Obamacare, and a possible free market solution. The problem is that these exchanges are proving more expensive than originally thought, up to an estimated $5.7 billion for 2014. No wonder less than half of the states in the country have come on board. One solution is an online insurance exchange. A form of such an exchange already exists. Will it work for a nationwide insurance market? Hard to say. On the one hand, it could offer small businesses unprecedented access to insurance plans. On the other hand, an online market may simply offer those plans with the best commissions and not the best deals.  (NASDAQ: EHTH  )

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  • Report this Comment On April 13, 2013, at 10:05 PM, sld0010 wrote:

    But Obama care was going to make Health care prices go down.

  • Report this Comment On April 13, 2013, at 10:11 PM, VRSEFgold wrote:

    We had United Health! Enough said!

  • Report this Comment On April 13, 2013, at 10:26 PM, iosax wrote:

    The best medical care in the world cost about $4,500 per year per person, and is automatically available to all citizens, in Norway. Our medical care cost double that, is rated 22nd in the world (just ahead of Cuba) and it doesn't unconditionally cover all citizens. Conclusion: our medical care is a ripoff

  • Report this Comment On April 13, 2013, at 10:27 PM, Bohicabill wrote:

    O.K. We knew this would happen . Now, how do I preserve my modest retirement? Will it be taxed away for those that will not try to help themselves. Of course we must help the truly disabled . Over population is A big problem. Sterilization with food stamps and free healthcare! Bohicabill

  • Report this Comment On April 13, 2013, at 10:40 PM, bugmenot wrote:

    1/3 of your health insurance premium goes to paying for the paperwork for government regulations. 1/3 of your health insurance goes to processes to deal with and pay for attorneys fighting regulations and malpractice absurdities. The people of Norway don't get to sue for millions and they don't have Democrat regulations screwing up the business.

  • Report this Comment On April 13, 2013, at 11:25 PM, garyegray wrote:

    Norway has 6 million highly educated people. The USA is a mixture of 320 million people of different cultures, different races and a public K through 12 education system that is lacking.

    As such, comparing Norway to the USA is not an accurate way of looking at the two countries healthcare systems.

  • Report this Comment On April 13, 2013, at 11:45 PM, mr091468 wrote:

    Time to secede.

    Let's split this broken country into two parts: one for those who have worked all their lives and contributed to this worthless system: the other to the 47% who riot in the streets suck the system dry and GET WHAT THEY WANT-illegal aliens for example. Then let's see which country survives.

    Can't understand how the medical profession that's filled with intelligent working human beings have allowed the 535 prostitutes YOU call YOUR representatives to take over our medical system.

  • Report this Comment On April 14, 2013, at 3:17 AM, RangerFord5 wrote:

    Come on !! Did you REALLY think universal healthcare in this country was going to be inexpensive ?? Those of us who saw employees of health insurance companies, and drug manufacturers DANCING IN THE AISLES once this law was passed know different !! They both knew they would be getting a 10,000% return on the money they spent on political influence ! But fear not....... your " FREE " box of band-aids & bottle of aspirin are on their way .. That should help 99% of our ills .......... shouldn't it ???

  • Report this Comment On April 14, 2013, at 9:08 AM, NickD wrote:

    Poor people ruin it for everyone

  • Report this Comment On April 14, 2013, at 9:18 AM, Dadw5boys wrote:

    Online works for AARP !!!!!

    There seems be a transfer of wealth to keep drug companys in Business going on.

    After all they face real legal problems. Since ALL the safe minerails and Compounds for the human have been patented their only move now is to add toxic and harmful minerals and compounds to existing drug to come up with something to Patent and make those huge profits with !

    Sorry I am not interested in being a Lab Rat for these people who are willing to sell anything to anyone without regaurd for the harm they do.

  • Report this Comment On April 14, 2013, at 9:41 AM, stevema1 wrote:

    First if obama did not want to control people he should have opened up across state lines then told all 50 states see what you can do to insure all the people in that state NOT ALL STATES will be the same. And that would have worked.

    BUT since obama is a socialist marxist he wants to control everyone so this is the mess we get that will not leave until we get both houses and the Presidency.

  • Report this Comment On April 14, 2013, at 11:27 AM, LENDOG2 wrote:

    Has anybody read Steven Brill's cover article in the March 4th Time magazine about the high cost of health care? This was an eyeopener that Time devoted most of the issue to.

    He says we are talking about ways to pay for health care but we are totally ignoring the question, why are health care costs so high? He researched this and his article is fascinating. Congress is heavily lobbied by the healthcare industry. Hospitals that are nominally non-profit hospitals charge outrageous amounts for everything from a single aspirin to lab tests and scans, with their CEOs being paid millions. Have you ever examined your hospital bills? Those of us who have excellent insurance coverage barely notice, but the rest go bankrupt. And for over-65 people, Medicare does an excellent job of paying a fair amount - it should be the single payer for everyone.

    I thought the article was a bombshell.

  • Report this Comment On April 14, 2013, at 1:14 PM, joyfulone59 wrote:

    The only thing wrong with "Obamacare" is that it is not a single payer system like most other industrialized countries. I hope to live to see the day when my Grandchildren have to "google" what a health insurance company WAS! We can afford to support the extremely bloated military industrial complex, so it is safe to say that we can afford a single pay health insurance system. There is no country that has a single payer system that says, gee, I wish we had the same health care insurance system as the United States. It is time for us to quit acting like cave men and make sure everyone in America has access to health care!

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