If you have a one time window for people to purchase their own private insurance, regardless of Pre Existing conditions, with a mandatory 12 month waiting period for benefits on the PEC, I can see it (although it is wrong). But forcing insurers to pay for care on PEC’s knowingly and permanently will put them out of business.
Its akin to requiring insurers to offer life insurance policies to new applicants who are terminally ill. The purpose of insurance is to protect against a risk. Having a condition already, means its not a risk, its a fact.
“If you have a one time window for people to purchase their own private insurance, regardless of Pre Existing conditions, with a mandatory 12 month waiting period for benefits on the PEC, I can see it (although it is wrong). But forcing insurers to pay for care on PEC’s knowingly and permanently will put them out of business.”
I read that insurers would accept this onorous regulation so long as they get captive customers ... which they get with *MANDATES*.
I agree that this level of heavy regulation will in effect end the free market in health insurance (what little exists in our overregulated system). YOu’ll get the insurance the govt mandates you have.
My takeaway: THE REAL END TO HEALTHCARE CHOICE OCCURS WHEN YOU IMPOSE MANDATES. The crucial problem with ObamaCare is MANDATES, a concept almost as bad a Public Option.