The main assumption, and we all know what happens when you assume, is that this whole health exchange will make companies drop their rates to compete. The problem is, states that only have one or two insurance companies will still only have one or two insurance companies. To make the public option self-sustainable, they can't make it THAT cheap, and they will have to give things up to make it viable. What incentive do the insurance companies really have to drop rates in the face of being forced to cover higher expenses?
What are the chances that instead of insurance rates going down, they add 100 new categories to define people as high-risk so they have an excuse to charge them more (as allowed by the bills to offset the removal of pre-existing condition clauses).
If you are required to have insurance by law, and your employer drops coverage, will you be able to pay even more than you already are for the exchange?
Jafra, we still don't have the numbers on how much it will cost the average family and what the deductible will be. Why are we in such a rush to sign something that leaves so much untold? Have we really lowered our standards that much?
Answer by QuinnMae at 10:32 AM on Sep. 10, 2009
The Health Care System will continue as it is.
Higers Out-of-packet expenses or Deductibles
Less Coverage for people with Pre-existence conditions
Less Coverage for Dental & Prescription Coverage unless you can come up with a lump sum.
Answer by bringin at 8:27 AM on Sep. 10, 2009
Answer by bringin at 8:28 AM on Sep. 10, 2009
Employers will be punished when they drop the coverage. I support the mandatory insurance law. Why I should pay for somebody's medical bills?
Answer by Anonymous at 8:29 AM on Sep. 10, 2009
Answer by NotPanicking at 8:32 AM on Sep. 10, 2009
Yes, but the punishment for not providing coverage will cost the employer far less than shelling out their portion of the insurance plans they currently pay for employees.
So put yourself in a business owner's shoes.
You can pay less in penalties than you do in current employee coverage and even if you dump your coverage for them, they will still have an "affordable" option and will still have coverage (you know, to lessen the guilt). What will YOU do? My money is on dropping the private insurance coverage and dumping your employees on the public option.
Answer by Anonymous at 8:33 AM on Sep. 10, 2009
What will YOU do?
I will pay for the best insurance what is there and no I will not dump my employees!|
Answer by Anonymous at 8:46 AM on Sep. 10, 2009
Answer by Anonymous at 8:47 AM on Sep. 10, 2009
Answer by itsmesteph11 at 9:01 AM on Sep. 10, 2009
Answer by tnmomofive at 9:26 AM on Sep. 10, 2009
Next question overall
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