Posted on 12/01/2010 8:42:13 AM PST by SeekAndFind
Perhaps this is true, but it would NOT necessarily kill the insurance company. In fact, I have a life insurance policy that includes a provision very similar to this. One of the benefits I have with this policy is that I am permitted during the course of my life to increase my coverage by pre-set amounts periodically -- regardless of my medical condition at any given time.
Of course, I do pay a higher annual premium for this kind of life insurance policy. But the insurance company is very comfortable with this arrangement.
Yes. I know someone (notice I do not call her a friend) who is collecting permanent disability from the mental trauma of commuting 60 miles each way to work for ten years. I've been doing it for fifteen, and expect to do it at least ten more.
“Covering pre-existing conditions is a ‘feel good’ measure”
Exactly. Since voters love free things and are easily scared, they’re all for it. Republicans, being whores, will give it to them. Nevermind its fundamental stupidity.
Demagogues, due to “poverty in the midst of plenty” horror stories of unfortunates who lost coverage through no fault of their own, currently have credence on the issue. They can convince people that there but for the grace of God go them without insurance. However, NO ONE will long have insurance if this passes. Why? Because it’s like forcing bicycle manufacturers to suddenly start producing aircraft carriers. That’s simply not what insurance is.
Democrats know this. It’s the whole point: they want private insurance to collapse. If we fall into that trap we deserve socialism. For there’s another answer, too good and obvious for any politician to see. Sever insurance from employment. BAM!, problem solved.
“Yes it’s nice to cover preexisting conditions”
No, it’s not.
Exactly.
Wise up Republicans!
Cantor is worthless and should be primaried out of office at the first opportunity. He’s another in a long line of Democrat-Lite Republicans who have spent us into bankruptcy.
Those are actually great questions.
The problem is that because of government intervention, I believe that insurance companies (in at least many states) are precluded from foreclosing coverage for a particular ailment, yet allow coverage for other ailments. You either have total coverage, or you have no coverage. I think that Obamacare takes it one step further and prohibits coverage just for catastrophic events, which would make sense for the youthful and otherwise healthy.
Again, I don't pretend to have all or even any answers, but I'm not convinced that demanding insurers cover preexisting conditions is going to solve anyone's problem, at least in the long-term.
As an aside, many of these issues stem from the fact that almost all the people who do have insurance, obtained it via their employers. You lose your job, you lose your insurance. The issues would probably be more manageable if we had individual or family plans as opposed to group plans and that plan wasn't tied to an employer, but to individuals. Unfortunately, that's not going to change, because our current model is far too ubiquitous.
I was worried that a vote for Bayne was a vote for Waugh. 2012 will be different.
“Are we talking about adjusting rates for risk factors, or refusing entirely to insure any but the perfectly healthy?”
You know very well there’s a market for covering the less than perfectly healthy.
FYI ping:
“correction” from Cantor on obamacare -— (or was their office barraged with phone calls?)
Folks, I just called Cantor’s DC office and spoke with one of his interns (Megan ...very nice young lady!) and expressed the concern we have about the Republicans wanting to rework the flawed “pre-exisiting condtion” crap! She went to check with Cantor’s staffer, and ll they told her was, “Rep. Cantor wants to repeal the entirety of Obamacare.
I explained to Megan that even if we repeal Obamacare and come up with a Republican version; if it includes any type of “pre-existing condition” provision, this will still result in a one payer, government insurance system. I told her to tell the staffers, we didn’t elect these guys to give us democrat light healthcare!
Guys, please take a second to call and express your concern! His DC Office is accepting phone calls! Please be polite to Megan...she’s just an intern. If you need to scream, ask for a staffer! We must flood the lines and put these people on notice!
Washington, DC
329 Cannon Building
Washington, DC 20515
P: 202.225-2815
F: 202.225-0011
Richmond
4201 Dominion Blvd, #110
Glen Allen, VA 23060
P: 804.747-4073
F: 804.747-5308
Culpeper
763 Madison Rd #207
Culpeper, VA 22701
P: 540.825-8960
F: 540.825-8964
Good point, AC!
From what I have been receiving from my health insurance carriers you will not be able to buy a health insurance policy at any time. ie. get diagnosed with a terminal illness and then be able to go out and buy a policy.
No one knows the exact details but just like Medicare part D for instance you only have certain times to sign up and if you miss those times you have to wait for the next enrollment period and you are also penalized $$ for not signing up when you should have.
Hipaa group plans also have waiting periods for pre-ex if you miss the intitial enrollment period.
I suspect the individual plans will be the same way.
I don’t.
Having to cover pre-existing conditions won’t kill insurance companies. It just means the premiums for people who are not sick will go sky high to pay for the sick.
I am surprised that people haven’t figured this out yet.
What's it going to take to convince these jackasses the only health care reform we need is LOWER PRICES THROUGH TORT REFORM!
Anything less is an attempt to preserve the institutional parasites.
How does the govt. FLOOD INSURANCE thing work??? Could that be applied to pre-existing condition people where they can pay a HIGHER premium than the rest of us who don’t have Preexisting conditions OR live in a FLOOD ZONE. Can anyone explain how the FLOOD INSURANCE works???
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.