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10 sats \ 3 replies \ @SimpleStacker 14h \ parent \ on: The GOP’s ObamaCare Opportunity (WSJ, The Editorial Board) Politics_And_Law
Even the pre-existing conditions part is bad policy imo. You cannot force companies to take on money-losing clients without massive distortions. I'm actually of the opinion that a public option for all makes the most sense. Here's where I differ from many other conservatives and libertarians.
So prior to the law someone like me who was born with a condition that was not detected until I was 20 Blue Cross and Blue Shield could have kicked me off of my insurance because it was a pre existing condition. No one knew about it though because it was a very rare thing. My parents spent 20 years paying into it so it doesnt make sense to me that insurance companies would be able to kick me off once I needed to use it for surgery.
What insurance companies should do is either A) create two groups or B) if you hit health markers you get a bigger and bigger discount.
The prior law though was just way to loose and let them really get away with kicking people off for a ton of reasons that really were not valid. It would be different if I was changing policy but my parents were on the same plan since I was born.
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My parents spent 20 years paying into it so it doesnt make sense to me that insurance companies would be able to kick me off once I needed to use it for surgery
I agree. But the way I see it isn't whether they should or shouldn't be allowed, but why the default contract is year-to-year to begin with. Why doesn't the market support insurance plans where you pay into it for 30 years, so that when you're young and healthy you're paying into it, but if you get sick when you're older it's there if you need it.
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Thats actually a really damn good point...... I never thought of it that way but.... yeah if anything that should be what is done.... I guess what is it Medicare that in theory is like that?
I was reading somewhere that the biggest "positive" that came out of the subsidies was that more healthy people were signing up for insurance and so there was an overall boost to the pool of money. If those go away like they seem to be there is a concern healthy people will pull out of the insurance pools.
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