Posted on 12/04/2016 6:57:03 AM PST by ColdOne
They don’t need multiple years to find alternatives.
Ha—20 is probably about right.
if they offer a more cost effective plan, that’s the incentive for you. If they can make money doing so, that’s the incentive for them.
And how can they offer a more cost effective plan with no network of providers and no way of estimating just how much my claims will cost them? How can it be more cost effective for me if with every claim I make I'm paying a higher co-pay, a higher percentage of the bill, and a higher deductible then I would with a policy that had a network where I live?
People talk about free market solutions for an industry that is designed to work against it.
Why wouldn’t they establish a network where you live and the resulting competition lead to better rates?
Also, the only reason it looks to you as if healthcare is an an industry designed to work against the free market is because the government has distorted it.
E.g., having capped salaries at one point and made and then held healthcare a tax-deductible benefit has fostered third party and fourth party payers for both routine and catastrophic care—when at most there should be a third-party system (private insurance) for catastrophic care.
Because it's an expensive process and no insurance company will go through the time and expense for a handful of customers at best.
Why do you presume just a handful of customers?
Why would there be otherwise? As I said before without an established network there is no incentive for the company to accept my business and no incentive for me to give my business to them. There are less expensive options open to me and less costly customers for them in the states where they currently do business.
This is not just assumptions on my part. Several states have already passed laws allowing their people to buy out of state. None of the experiments were successful.
By that rationale there might as not be any new competitors in healthcare anywhere or anytime.
In free markets companies enter new markets all the time.
Also, in such situations re: healthcare. Those providers who continue to play hard to get will be at a significant disadvantage.
Do you work in the insurance industry or for a hospital? Otherwise I see no reason for you to lean over backwards to pretend that the rules of free markets somehow don’t exist in healthcare.
Which is true of most established industries in this country.
Do you work in the insurance industry or for a hospital? Otherwise I see no reason for you to lean over backwards to pretend that the rules of free markets somehow dont exist in healthcare.
I'm just a consumer. One who has spent time looking into the industry and who is completely against a government solution of any kind.
“If an insurance company does not currently do business in my state then where is the incentive for me to buy from them and where is their incentive for them to sell to me?”
Yes, we don’t need to pass laws allowing competition across state lines; we need to repeal laws that prohibit it.
That way, a company that thinks they can sell to you can come try, and if you think it’s a better deal, you can buy. If not, they don’t have to try, and you don’t have to buy.
Just as long as ObamaCare has a definite expiration date and then it is nothing but history, then I’m OK with it.
No Trump campaigned on repeal and replacement. He is not going to throw 20 million people out of their insurance. That would be a huge political disaster. Trump was very clear that there would be a replacement and it won’t happen overnight.
Excellent point. People are paying huge premiums with huge deductibles which are never met, so everything is out of pocket.
Unfortunately, I suspect Republicans in Congress will feel a lot of heat as millions discover that the Obamacare they hate is the Health Care Act they are relieved to have now. Also the programs that were put in place by various states have names that have nothing to do with “Obamacare” but everything to do with what is in “Obamacare” by other names.
Trump has been very emphatic about a lot of things. At times he has been emphatic in one direction one day and again been emphatic about the opposite direction another.
http://www.cnn.com/2016/08/03/politics/donald-trump-reversals-nfl-clintons-babies/
“I agree you cannot repeal and replace on day one. OBamacare was not put in place on day one either”
This is something the impatient hotheads here are going to have to get.
You cant just repeal this train wreck, and then say “have a nice life”.
There will have to be something for these people to move to, and that will take a minute to get setup so this can be done without causing mass chaos.
How about what there was before the Obamacare train wreck? You're not going to get there by continuing subsidies and retaining government control.
Is there a credible source for this claim? I have no doubt Trump will rid us of this giant scam, but, the NYslimes is not reporting so much as altering the facts to fit the leftist criminal agenda and smear Trump.
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