Posted on 11/12/2016 4:19:09 PM PST by E. Pluribus Unum
After reiterating his promise to repeal and replace the Affordable Care Act, President-elect Donald Trump has indicated that he may keep two of the law’s most popular provisions. One is straightforward enough — children up to the age of 26 being allowed to stay on their parents’ plan. The other — preventing insurance companies from denying coverage because of preexisting conditions — offers a perfect illustration of why Trump and most of the other Republicans critics of Obamacare don’t understand the health insurance market.
Let’s say that in the beautiful new world of “repeal and replace,” insurers are required to sell you insurance despite the fact that your kid has a brain tumor. Insurance companies know what to do with that. Their actuaries can calculate that kids with brain tumors typically require (I’m making this number up) about $200,000 a year in medical care. So they’ll offer to sell you a policy at an annual premium of $240,000.
(Excerpt) Read more at washingtonpost.com ...
Healthy people only buy insurance when they get sick.
Why not allow folks to just buy catastrophic protection?
People shouldn’t be required to have health insurance when they don’t need it.
Donald Trump has already said he will handle this with High Risk Pools as in the past.
The free market “pre-ex” provision is called High Risk Pools. Let’s hope he puts them back in every state.
If Obamacare isn’t cancelled everyone will be paying $240,000 soon.
Looks like the WaPo folks are the ones that do not understand insurance. The risk is spread in much larger pools so that the premium is not nearly as high.
In Blue State Colorado, voters rejected single payer 80-20%.
People said no to government-run health care.
And the Washington Post writes about Obamacare as something that can be fixed.
Democrats haven’t advanced a fix. Remember, they passed it without a single Republican vote.
This article is so stupid. Republicans have had policy wonks working on this for five years. Pre-existing conditions are not a surprise to them.
That’s the situation in which states typically set up high risk (and government-subsidized) pools—such as for auto insurance.
Health insurance isn’t true “insurance”, and hasn’t been for 50 years.
This aspect of Obamacare illustrates the evil genius/insanity of the Democrat M.O., offer something that could never be delivered, except in a short term kamikaze program like the ACA, and then blame the opposition (Republicans) for taking it away from all the squealing children voters.
It all leads the same place, collapse of the health insurance business, and the inevitable imposition of a titanic and un-affordable entitlement single payer plan nightmare. Get real, and get smart. This can NEVER work, long term, or in any honest way.
Then they're not "healthy people". That's not how it's supposed to work. There should be unlimited underwriting to slash premiums for healthy people.
Uninsured sickly applicants with a guaranteed $100K annual claim need to go in the HRPs.
I want everyone else to pay for my child’s brain tumor. Why should I pay for it?
And if the companies can compete across state lines, the pools are bigger.
And it seems the Compost has made a pretty bold statement when they say that the people around Trump don’t understand health insurance. Yet more arrogance and contempt.
The Washington CrapPost faced the ‘rude awakening’ and they can suck it.
“This article is so stupid. Republicans have had policy wonks working on this for five years. Pre-existing conditions are not a surprise to them.”
These clowns have nothing better to do so they are now making stories up. Expect to see a lot of this over the coming days.
How condescending like a typical elitist jerk. Everybody knew Obamacare was a piece of garbage. Now that adults are in charge, maybe we can begin to solve the issue with people who know the business, not liberal buffoon Democrats. I'll take Ben Carson's assessment over this putz.
just get the damned obamacare repealed. then work on any replacement.
They’ve had state pools long before obamacare. The compost is ignorant.
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