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Obamacare

 
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PostPosted: Mon Jan 25, 2016 2:41 pm    Post subject: Obamacare Reply with quote

PeakTrader:

The U.S. needs stronger demand to be a stronger engine of growth to help pull the economies of the rest of the world.

Student loan debt and Obamacare have dampen demand.

A higher minimum wage will raise the labor force participation rate.

Reducing the tax and regulatory burdens on entrepreneurs will spur business start-ups and facilitate expansions.

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Many Americans are forced to buy health insurance and if they can’t afford the deductible, they won’t use It.

Also, many businesses are forced to provide health insurance to full-time employees.

The result is lower demand and higher labor costs.

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Baffling, you’ve failed to understand how being forced to pay for health care premiums and deductibles or pay fines/taxes reduces demand.

Moreover, how higher labor costs reduces employment and therefore demand.

Some people simply cannot afford luxury goods, like health care.

Patients with High Health Insurance Deductibles Use Fewer Imaging Tests
January 14, 2016

“In the first nationwide study to directly address the associations between high-deductible insurance plans and the use of diagnostic imaging, researchers including Kimberley Geissler at the University of Massachusetts Amherst found that patients enrolled in such health plans use about 7.5 percent fewer diagnostic tests such as MRI, X-rays and CT scans, than patients without such plans.

She notes that more Americans are enrolling in high-deductible insurance plans in recent years because they offer relatively low monthly premiums but higher out-of-pocket costs; most plans on the newly created health insurance exchanges are high-deductible insurance plans.”

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Everyone has access to health care in the U.S. whether they pay high premiums and deductibles or not.

Thanks to Obamacare, you have a lot of people paying more for less and you have scarcity for a lot of other people.

Of course, this reduces demand. The goal should be more health care at lower prices for everyone.

You don’t even realize Obamacare changed health care plans, including yours.

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Federal regulations alone cost about $2 trillion a year before the massive increase in regulations over the past few years, and taxes have become more progressive on the “middle class.”

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