No one likes surprises – least of all those of us who have to plan carefully to keep a balanced checkbook. So why is everyone content to stay in the dark about the next steps in health care reform? Come 2015, people are going to be surprised when health coverage becomes more expensive.
The Affordable Care Act is doing what it is supposed to do – provide more people more benefits. But that policy goal does not necessarily mean lower costs. Insurance shoppers should be warned that rising health care costs and the increase of people with health conditions in the risk pool will mean higher costs for all of us. It’s simple economics. But are people paying attention?
Millions of people have enrolled to get health coverage. Some of them are young healthy people; others are people with serious health conditions. In addition, the new laws are still being implemented, including new taxes, fewer subsidies and more people with more health care needs. All of that will equal higher costs.