Insurers warn Cruz provision will 'skyrocket' premiums for sick people
Source: MSN/The Hill
The two leading health insurer trade groups sent a strongly-worded letter Friday expressing opposition to a controversial conservative provision included in the latest GOP ObamaCare replacement bill.
America's Health Insurance Plans and the Blue Cross Blue Shield Association warned that the provision from Sen. Ted Cruz (R-Texas) would mean "premiums will skyrocket for people with preexisting conditions" and "millions of more individuals will become uninsured."
The letter expresses opposition to a provision, included in the new GOP repeal bill, that would allow insurers to sell plans that do not meet ObamaCare regulations, including the ban on discrimination based on pre-existing conditions, if they also sold plans that did meet the requirements.
Conservatives argue this move would allow younger, healthier people to buy cheaper plans.
Read more: http://www.msn.com/en-us/news/politics/insurers-warn-cruz-provision-will-skyrocket-premiums-for-sick-people/ar-BBEqj3j?li=BBnb7Kz
Solly Mack
(90,740 posts)Matthew28
(1,796 posts)and enslave as many poor people as is possible. These fuckers are satanic.
safeinOhio
(32,531 posts)tax breaks for gazillionairs..
BootinUp
(46,924 posts)tclambert
(11,080 posts)I probably shouldn't say that out loud for fear Republicans might hear it and incorporate it into their next attempt at Obamacare repeal.
Wellstone ruled
(34,661 posts)price for the death of every person dropped from the GOP so called health care reform. Believe it works out to a 7.5 million dollar price tag in wealth transfer .
Hoyt
(54,770 posts)and some reasonable amount based somewhat on percentage of income. But the damn GOPERS never touch the reasonable subsidy side of healthcare finance, nor the questionable profits in almost 20% of our economy.
BigmanPigman
(51,430 posts)This KillBill will pass if we don't let them know that they are going to be indirectly killing people.
I am one of them! PLEASE call.
(202) 224-3121
leftieNanner
(14,997 posts)Not a bug.
Cruz is a heartless asshole.
area51
(11,868 posts)Go back to your native Canada.
Dorn
(520 posts)When the price of insurance has excessive increases it lowers the number of people getting useful insurance which increases the price of insurance. Return to the first sentence until no one buys insurance.
Judi Lynn
(160,217 posts)Cruz provision in Republican health bill 'unworkable in any form', insurers warn
- Cruz amendment would allow sale of bare-bones insurance policies
- Judgment from insurance duo deals blow to Republican efforts to pass bill
Associated Press in Washington
Saturday 15 July 2017 12.53 EDT
As the Trump administration continued to woo state governors over healthcare reform, two of the US insurance industrys most powerful organizations said a crucial provision in the Senate Republican healthcare bill, crafted by Ted Cruz and allowing the sale of bare-bones policies, was unworkable in any form.
The judgment dealt a considerable blow to party leaders efforts to win support for their legislation.
Leaders included the Cruz provision in their second healthcare bill in hopes of winning votes from other hardline conservatives. But moderates have worried the bill will cause people with serious illnesses to lose coverage, while some conservatives say it does not go far enough.
Two of the 52 Republican senators have already said they will oppose the legislation. Majority leader Mitch McConnell cannot lose any others for the legislation to survive a showdown vote expected next week. A 50-50 tied vote, with all Democrats opposing the measure, would be enough for the bill to pass with a vote from Vice-President Mike Pence.
More:
https://www.theguardian.com/us-news/2017/jul/15/republican-healthcare-bill-cruz-provision-insurers
not fooled
(5,791 posts)That's the problem with those who say "why make someone pay for coverage they don't need", directed at the young/healthy/non-reproductive. Insurance works when there are large, mixed-risk pools, not cherrypicked small groups. Under such a system many end up with skyrocketing premiums. Plus, anyone is subject to catastrophic illness or injury at which point if they had a bare-bones policy they will regret it.
"We are all in this together" is a concept that seems to elude many.
TexasBushwhacker
(20,043 posts)won't buy health insurance at any price, even if they can afford it. Because they're young!
Sunlei
(22,651 posts)They'll learn with their first car accident and a $20,000 hospital visit for the smashed in teeth the value of insurance coverage with ACA.
Sunlei
(22,651 posts)you can play around with zipcodes, ages and INCOMES...with current ACA (Obamacare) laws, young & old within income range pay ZERO for a decent "basic" healthcare insurance plan.
TODAY.