MasterP said:
It will effectively force everyone into grandfathering their existing coverage and if they lose it for any reason, like losing their job, they will be forced onto the government plan.
Children dropped off their parent’s plans by age limits (I think it’s like 25 now) will be forced to take the government plan and will have no alternative. Period.
In the same section it also forces private insurers to NEVER change pricing, benefits, or terms, regardless of whether or not the package you have is comperable or price competitve with other insurers. If the price were to ever lower, they wouldn’t be allowed to. If they want to raise the price they have to raise it equally to ALL in that risk group and before they can that they have to get permission from “the Commissioner”.
What other option would one have if they lost their job (and obviously the benefits that come with it)? If you don’t make money it only makes sense you wouldn’t be able to afford ANY private health care plan. It’s not that you are forced onto it, its just once one loses their job, they aren’t exactly going to be able to go shopping for insurance. It only makes sense for them to get on a universal plan. Of course in our current beautiful system, one who loses their job, won’t have anything to fall back on; only adding to the ridiculously large amount on uninsured. Sure their is that unemployed check that we all know and love, but when you are unemployed the first thing you cut is any spending that isn’t needed to survive day to day, ei insurance. then the next day you get your leg blown off by a renegade tire off the road.
And the age is 21 I think, 25 if you are defined as a dependent and enrolled in school.
Forcing private insurers to NEVER change pricing, to me, is a much more positive thing than you make it out to be. It’s called regulation, something that is needed, especially with insurance fat cats. We spend more money on insurance than any other country in the world and still don’t have everyone insured. I don’t think regulating rates is a bad thing either. The exact verbiage could be worked on, but then again this bill isn’t on the floor. People are freaking out, understandably, but a lot of it seems to be speculation and assumptions. The majority are people who have been voting right all their lives, and are freaking out because their perfect little world is coming to an end.