Insurers do not like Ted Cruzs health care plan

[riversedge]

Source: axios.com




Sam Baker Caitlin Owens 38 mins ago

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The proposal would "lead to widespread adverse selection and unstable health insurance markets," according to an analysis from America's Health Insurance Plans, the industry's leading trade group. "Patients with pre-existing conditions … would potentially lose access to comprehensive coverage and/or have plans that were far more expensive."

Why it matters: Cruz has pushed back against charges that his proposal would ultimately erode the ACA's most popular consumer protections — but that's exactly what insurers are saying it would do. And if the insurance industry expects the proposal to lead to higher premiums for sick people, it's a pretty good bet the Congressional Budget Office will come to the same conclusion.



Read more: https://www.axios.com/insurers-do-not-like-ted-cruz-health-care-plan-2457969850.html

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What he wants insurers to sell is "junk insurance". Obama-and many--including Repugs, rallied against junk insurance during the ACA debates. Now, Cruz wants these policies back . damn.

Link to tweet

[redstatebluegirl]

1. Cruz is a parasite. We need to target his state with ads and people, beat him this time.

He is scary!

[Old Vet]

7. Honestly, Is anyone really surprised when ted cruz spouts his dangerous ideas.

[tanyev]

2. They do not like the crap he spews, they do not like this thing called Cruz.

[murielm99]

10. I actually did LOL.

[mitch96]

3. "they do not like this thing called Cruz."

Yup, it interferes with their cash flow....

m

[harun]

4. No one ever likes what Ted Cruz proposes yet somehow he get''s elected.

[Matthew28]

5. Cruz aim in life is

To kill the poor and give it all to the super rich.

[genxlib]

6. It is actually more fundamental than that

The selling of junk policies would happen but that isn't the primary problem.

The primary problem is it allows for an insurance carrier to sell both ACA compliant and non-compliant.

Even if the non-compliant plans are robust, they will be cheaper than the ACA ones. They can be cheaper because they can exclude existing conditions. They will naturally attract healthier people.

This leaves a sicker pool for the ACA plans which will inevitably get more expensive. That will be a real death spiral.

I knew that Cruz's plan was dangerous the second I first saw it. It gives just enough of a veneer of fairness that it just might pass. In the end, it would probably be worse from a policy standpoint than their initial effort. The primary non-ACA market would go on with all of the previously noted downsides and the ACA would die from starvation of not getting at least some decent patients.

[riversedge]

8. good points. Thanks.

[rickford66]

9. When will Democrats explain the importance of large risk pools?

I believe most Americans have no idea how insurance works. Even with 100 % of Americans covered by private insurance, you will have numerous "risky" risk pools. Spend some money on a 10 minute infomercial over the main cable channels and the major networks. Plain talk. No hysterics, scary music or complicated stuff to read on the screen. One large pool would be the most affordable insurance. Explain how even if you opt out of insurance, you're paying for the health care of many others, through your taxes or when you buy something.

[mitch96]

11. "I believe most Americans have no idea how insurance works."

True. All they know is they don't want to pay for the freeloading welfare thugs.... They don't get it if you spread it around the cost, their cost also would be less..
I don't get it. Many countries do it so why can't we just copy something that works and be done with it.... I know Germany has a private and public insurance program that works... Even Kaiser Wilhelm back in the 1880's enacted public health insurance....

m