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Politics : A US National Health Care System?
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To: Road Walker who wrote (6447)3/24/2009 4:44:48 PM
From: Joe NYC4 Recommendations  Read Replies (2) of 42652
 
RW,

For the first time, the health insurance industry is offering to curb its controversial practice of charging higher premiums to sick people.

Let me explain to you what this will mean.

1. In order to cover sick people and charge them the same as healthy people, they have to substantially increase the premiums on the healthy people.

2. Once the healthy people receive the shock of the premium increase (doubling or tripling of rates on young people), the healthy young people will drop their coverage.

3. Without young healthy people subsidising older and sick, premiums have to go up again, causing more people to be unable to afford their coverage and drop their coverage.

This the best example of liberal good intentions gone wrong. You start with a "problem" a sick person unable to get coverage, you end up with 100x people without coverage...

How do I know this? New York State made it a law few years ago.

Joe
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