“A key feature of the House and Senate health bills would prevent insurance companies from denying coverage to anyone with preexisting conditions,” writes Feldstein in The Washington Post.
“The new coverage would start immediately, and the premium could not reflect the individual's health condition.”
Feldstein said this feature of the bill may create a strong incentive for the healthy to drop their health insurance, saving the substantial premium costs.
“If serious illness hit this person or a family member, he could immediately obtain coverage,” writes Feldstein.
“As healthy individuals decline coverage in this way, insurance companies would come to have a sicker population. The higher cost of insuring that group would force insurers to raise their premiums.”
This will trigger a new crisis for the health industry.
“The new coverage would start immediately, and the premium could not reflect the individual's health condition.”
Feldstein said this feature of the bill may create a strong incentive for the healthy to drop their health insurance, saving the substantial premium costs.
“If serious illness hit this person or a family member, he could immediately obtain coverage,” writes Feldstein.
“As healthy individuals decline coverage in this way, insurance companies would come to have a sicker population. The higher cost of insuring that group would force insurers to raise their premiums.”
This will trigger a new crisis for the health industry.
