UndertheOcean
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 03:55 AM
Original message |
What prevents the creation of not for profit Health Insurance Co-ops ? |
|
with the coming of the mandate , those of us who refuse out of principal to buy a product from a for-profit company , can pool together and join those entities.
|
Jamastiene
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 03:59 AM
Response to Original message |
1. I was thinking about that earlier. |
|
Hopefully, someone will share any knowledge they may have on this idea.
|
midnight
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 05:40 AM
Response to Reply #1 |
3. I was thinking the same thing.... |
UndertheOcean
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 04:09 AM
Response to Original message |
2. This link explains alot |
eridani
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 05:41 AM
Response to Original message |
4. Irrelevant. There are such things now. |
|
Group Health Cooperative was started by unions in 1949. There was originally one standard prepaid benefits package--no pre-existing conditions and no age rating. Then when the for profit shitstains entered the HMO biz in large numbers, GH started losing all its younger subscribers to the age-rated policies of the for profits. Now Group Health basically operates like any for-profit plan, even though it remains non-profit. Moral of the story? Co-ops don't mean jackshit if the for profits force them into joining the race to the bottom.
|
scubadude
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Dec-20-09 08:32 AM
Response to Original message |
5. Nothing prevents them from being created now... |
|
and I believe a few exist.
Blue Cross and Blue Shield would be examples, but they abandoned the "not for profit" category in 1994 for the most part.
Scuba
|
DU
AdBot (1000+ posts) |
Fri May 10th 2024, 11:04 PM
Response to Original message |