My proposal is smaller - catastrophic medical coverage. I read last week that an individual high-deductible catastrophic medical insurance plan would run about $30 a month for a $1,000,000 plan that starts perhaps after the first $50k. That covers everything beyond what a working person can take a loan for - true insurance and nothing else. If FedGov is going to get involved at all, that is the most they should be willing to mandate.
If President Trump wants to increase the number of people with insurance, he should require that, and I’d bet he would have a lot of takers even among the young and healthy if insurance companies were allowed to set rates based on age and health. Don’t require me to buy coverage for birth control pills, no more than I’m required to buy car insurance for gasoline. If government is going to overreach at all, that is more than enough.
What do both of you do with people who won’t pay anything—real freeloaders?
Do you allow tiers of private coverage on top of the public coverage?
“Don’t require me to buy coverage for birth control pills”
You can drop all types of drug coverage.
My plan covers things by default:
1. to satisfy the Maine senators and
2. to refute the Democratic claim that people are losing coverage by requiring people to choose to drop coverage
3. to make broader coverage more attractively priced.
However, my plan reapportions subsidy money to make basic drug coverage very attractively priced. Most pre-existing condition problems involve drugs.
The basic plan drug coverage is intended to include almost all drugs insurers think are good deals.
Young women generally will not buy coverage without birth control pill coverage. Most young men won’t retain the drug coverage. To give the young men a price break would not fly politically. To give people a price break if they don’t use the basic drug coverage is possible.
Most of the expensive drug pre-existing condition problems are dealt with by the 80%/70% federal reimbursements for coverage provider losses.