Posted on 05/12/2019 10:02:57 AM PDT by Olog-hai
Washington is set to become the first state to enter the private health insurance market with a universally available public option.
A set of tiered public plans will cover standard services and are expected to be up to 10% cheaper than comparable private insurance, thanks in part to savings from a cap on rates paid to providers. But unlike existing government-managed plans, Washingtons public plans are set to be available to all residents regardless of income by 2021.
The Legislature approved the plan last month, and Gov. Jay Inslee is scheduled to sign it into law Monday.
The move thrusts Washington into the national debate over the governments role in health care, with a hybrid model that puts the state to the left of market-only approaches but stops short of a completely public system.
Instead, the state will dictate the terms of the public option plans but hire private insurance companies to administer them, saving the state from having to create a new bureaucracy and guaranteeing a role for the insurance industry in managing the new public option.
Lawmakers in at least eight other states including Colorado and New Mexico have proposed their own public option measures. But so far none have passed legislation implementing a public option.
(Excerpt) Read more at apnews.com ...
I have been a self-employed bookkeeper since 1980.
You ‘cap’ my rates for my services & I will not do your work, or I will bill more hours to get the results I need.
Even Vermont wasn’t this stupid.
have you been to doc lately?
... $2500 likely won't get a pimple popped
It is combination of factors
1. Legal immigrants, 30+ million of them, have been imported under the chain migration law, in the last 25 years. About half are parents of new immigrants. They all collect social security supplement checks, Medicaid, food stamps etc. Note they paid zero taxes.
2. Huge chunk of your doctor’s bill is for malpractice insurance. Without tort reform, this will continue
3. Cancer doctor’s are super busy and drug companies are making ton of money on cancer meds (chemotherapy)
My wife has cancer diagnosed about a year ago. She was billed $515,000 during first 12 months of chemo, immunotherapy and radiation.
Thank heavens for insurance, out of pocket limit saved us from going bankrupt!
1. Check ... agree and go back to my original statement. Absolutely none of them should be getting anything. Not a dime. Nothing. Nada. Nil. Zilch. I think the $120+billion that the estimate they cost is rather low. I’m thinking, if you take into account just the payouts you mentioned, the number is over $200 billion.
2. Check
3. Check
Keep calling as many Congress critters as you can. That could help much more than preaching to the converted here on FR.
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