As someone who has been in the health insurance business for 30+ years the pre-ex clause and allowing kids to stay on their parents plan are good measures. The rest of the plan sucks.
So many things can be done to lower health insurance premiums without gov’t interference.
For instance: One is to to have carriers go back to non profit status. Most carriers were this way for a 100 years but with the huge stock market run up back in the mid to late 90’s most carriers went to from non-profit status to for - profit status to ride the stock market wave. It backfired though. The premium rates literally shot up right thereafter and never stopped. Money that should have gone to patient care or keep premiums lower went to pay dividends instead.
Many carriers want to go back to non profit status but raising capital and moving back is difficult.
Can you explain how covering pre-existing conditions is good and a money saving idea? I don’t see it.
How do you prevent post-facto coverage if the pre-existing clause is in play, except by mandating everyone purchase?
Then you do not know beans about insurance. Insurance is for future events—not pre-exising conditions. If you make insurance companies take people with pre-existing conditions, that is no longer insurance and lots of folks will just not get insurance until they have to get insurnace (i.e., they get sick and have a pre-exising condition).
Tort reform would help health care costs a lot.
That being said, I support a total recall of the health care bill.
Start over. If there’s anything good in it, propose a bill to address that.
This needs to be done piece meal so that it isn’t so cumbersome, sweeping, full of unintended consequences and just a disaster.
Little confused about your non-profit thing.
Isn’t that what business are for? To make profit?