- 2,908
But when insurance companies can't reject anyone or adjust rates based on risk, they end up charging everyone more.
Yup. You have put your finger on some articles that say it all. We all bloviate a lot on this forum, but I would dearly, dearly love to be wrong about everthing I have said about the guaranteed issue plans in Maine. Not so, I guess. It really makes me sick to my stomach. There are other important but crucial effects that don't get talked about too. I talk with young, perviously healthy folks all the time who got slammed with an unexpected medical event that has them looking at bankruptcy. When rates are this high, it is the young and the healthy that try to go without and get slammed. They get overlooked among all the talk about the uninsurable etc where the whole system is leaning toward helping them.
Although I digress a little, the problem is compounded by the fact that states that have seriously screwed up their health care competition system, also tend to have screwed other things up so that those who are facing the highest health care costs are also facing the highest tax burden in general in the country. Your mileage may vary. I certainly hope so.
Here is something that was in one of the sites you posted and says it all:
“A Maine family of four buying an individual insurance policy from Anthem must pay $1,395 per month. And that’s with a $1,000 deductible,” Davis and Woodcock wrote. “Yet, that same family living across the border in New Hampshire only pays $586 a month for the same Anthem policy. If they live in the similarly rural state of North Dakota, then they only pay a low $346 per month.
“The reason for this difference is not hard to understand,” the senators conclude. “It has to do with bad insurance regulation which drives up costs in Maine.”
Why the hell some frigging political candidate or member of the left wing press doesnt directly ask Obama and Hillary why the frig they are using these models is totally beyond me. It is just criminal. If it were just some obscure issue in an obscure state it would one thing but this is the model that they want to run with nationally.
As they say in Quebec, "I am piss."
Thanks for the info here though. Good stuff.
Winter