When Democrats were peddling ObamaCare to an unsuspecting America, they told us that the price of health insurance would go down by thousands of dollars. But the opposite happened, and it continues to happen. The way that real insurance works is that policyholders get lower premiums if they are less likely to file claims and thereby cost their insurance companies money; that is, if they pose less risk. Insurance companies set premiums by using actuarial science to calculate risk. But ObamaCare policies don’t price for risk, everyone pays the same regardless of risk due to the ACA’s “community rating” policy. However, there’s another way to keep the price of premiums down and that’s for policyholders to agree to pay some of the costs of the medical treatment incurred in their claims, i.e. deductibles and copayments -- the lower the premium, the higher the deductible. So, ObamaCare tried to make premiums affordable by having much, much higher...(Read Full Article)