Health Insurance Plans Quotes

Unlike most forms of insurance virtually everyone will have one or more claims and collect in his or her lifetime. Many of use will never have an automobile crash and collect on our insurance policy, but health is different in that we all change health status from well to ill at times and if we are fortunate we return to a state of wellness. But as Eigen observes, most of us who are tell are only temporarily well, With time our state will change to ill and if we are not very fortunate we will never use our health insurance as we will be dead. There is almost no way to age in a modern society without needing health care or funeral services, That is the consequence of the normal process of aging. So with health insurance schemes we, in effect, pass money from the living well to the living ill. So if health care costs increase fastr than inflation, which it has almost always done in the last half century, the temporarily well will be paying more and more. The only way to break that cycle is to somehow limit the cost increases of health care to that of the inflationary increase. Eigen has argued that most of us focus on the wrong problem--the details of the way the well pay for the ill, when the only soltuion is to reduce the rate of increases of health care costs. And there are only 2 ways to do that: Reduce the compensation for all the health care actors--physicians, nurses, other staff, hospitals, and manufacturers of medical equipment, supplies and expecially pharmaceuticals which have been increasing at the fastest rate of all or wer privide more and more effective prevention.

While ObamaCare prohibited insurers from discriminating against individuals, they were allowed to discriminate against regions if the State Insurance Regulators would allow this. In Tennessee they did under the theory that “one size does not fit all”. However what the insurers did was set up separate insurance corporations to service the rural areas which were very poor in Tennessee, and very poorly educated and malnourished as typically goes along with poverty. So the insurers tailored insurance policies which while affordable, for low income workers, would not protect the insured very much for any serious disease and therefore, did not protect the families from medically caused bankruptcy. When Obama Care set minimum basic coverage requirements on all insurance policies, these insurance companies preferred to close down rather than comply, and the State Insurance Regulators had not required all companies serving the wealthier communities to cover all communities as existed in most other states or where those other State Regulators set strong minimum standards of coverage. Tennessee did neither, so the insurance companies could cherry pick the best communities and avoid pockets where there were more health problems.

This statement, along with {633806}, was made by the President dozens of times. It is a quotation that had more influence on the political status of the nation than most others. Why Obama made such an absolute statement has been a mystery since, but the statement could not possibly have been literally true as long as the insurance companies had the right to cancel existing plans. When they did, they often laid the blame on the Obamacare rules, when the rules had grandfathered them in, but these were policies that the insurance companies saw as not sufficiently profitable in the new health insurance environment. The Republicans and many Democrats castigated Obama as millions of American lost their health insurance despite the President’s oft stated promise. Though not recognized at the time, the statement turned out to have been a huge gaff.

This statement, along with {633805}, was made by the President dozens of times. It is a quotation that had more influence on the political status of the nation than most others. Why Obama made such an absolute statement has been a mystery since, but the statement could not possibly have been literally true as long as the insurance companies had the right to cancel existing plans. When they did, they often laid the blame on the Obamacare rules, when the rules had grandfathered them in, but these were policies that the insurance companies saw as not sufficiently profitable in the new health insurance environment. The Republicans and many Democrats castigated Obama as millions of American lost their health insurance despite the President’s oft stated promise.