Increased premiums, in other words. If the carriers have to pay into the pool for each life they're going to charge for each life.
The New Hampshire HRP started at a dime, went down to three cents, then to a penny...and still had too much money in the pool reserve.
New Hampshire has a population of 1.3M. Assuming everyone is covered that's $13,000/month.
If that's all it takes to cover pre-existing conditions what's the debate about?
Yes. But why would you worry about a few cents per person, when premiums were going up by hundreds of dollars without it? The HRP will bring them back down.
New Hampshire has a population of 1.3M. Assuming everyone is covered that's $13,000/month.
Well, they did start out with $1 million as did all new HRP states, and they were charging a dime for a while to build it up. They are restricted as to the dollar-size of the pool. The assessment surcharge might need to change as conditions change, but likely not very much.
If that's all it takes to cover pre-existing conditions
That's because the "uninsurables" comprise only about 1% of the insured.
what's the debate about?
It's about the lying RATs. They hate this free-market solution, and have always done their level best to destroy it. They killed off our HRP in 1993 as HillaryCare went down the tubes in DC.
The "friends of Hillary" did her dirty work for her here.