Quote:
Originally Posted by AVGWarhawk
Who understands it? If it was understood we would not be in this predicament. The insurance folks understood it. These folks advised DC what would occur. I find it hard to believe they stood quietly by. Wyoming Senator Enzi in 2010 understood it. He read the bill. The others have very little understanding or choice not to understand it once explained. Bill signed. I will not be convinced that those in DC have a true understanding of open market. It is not open. Each state has less than a handful to compare pricing. Each county in the state reduces that handful even more. True open market is having access to all including over state lines.
|
What predicament?
If you're talking about website problems, that's an implementation problem that will get fixed, not something due to misunderstanding markets.
If you're talking about cancelled plans, it's not a predicament at all. It's supposed to happen. Nobody should be surprised by this. Politicians aren't and insurers aren't. Politicians who say they are are just riding public anger. It's disingenuous.
The president never should have made that promise. It's true for the vast majority of customers, but flat out wrong for enough people to make out a stupid statement to make, and even worse to stick by.
People with low-cost low-coverage individual plans susceptible to rescission lost those plans because they are not up to ACA standards. They were always going to lose those plans, they can get much better, subsidised (mostly) coverage through exchanges.
The stupid part of all this fuss is that nobody keeps their plan year to year, realistically speaking. Year to year, deductibles change, coverage changes, networks change. If these cancelled plans are brought back, under the legislation regarding preexisting conditions etc - they won't be profitable for insurers, suo they'll just up premiums to make up the difference.