Comment on Obamacare enrollee sees premium spike over 300% as sign-up period begins: 'This will devastate us'

• imapuppetlookaway@lemmy.world ⁨22⁩ ⁨hours⁩ ago

  I’m no expert, but i suppose because it reduces the flow of money - fewer transactions (people not getting healthcare, not billing insurance, insurance not paying for healthcare given to people because they’re not getting any healthcare) = reduced total domestic product. Whether it’s reduced by a measurable amount is another question.

  source

  • KyuubiNoKitsune@lemmy.blahaj.zone ⁨16⁩ ⁨hours⁩ ago

    I think also the fact that sick people usually don’t work, and in the US they don’t get paid when sick, so less money available to be spent.

    source
• humanspiral@lemmy.ca ⁨16⁩ ⁨hours⁩ ago

  both your insurance payments and healthcare costs/wages count as GDP.

  source