Re: The PPACA - Implementation Phase I
It may not be individual in terms of 300 million different policies for 300 million different people. But you had some coverage options, things you may or may not need.
Again, compare to auto coverage. I have to buy liability coverage. Maybe I choose comprehensive or collision, maybe not. Depends upon my risk tolerance.
Same with health insurance. Before, maybe I had prescription coverage, maybe I covered preventative care, maybe I covered care outside of my provider network. You had some choices, based upon your situation, lifestyle, etc...
I don't think Obamacare seeks to make everyone's health insurance identical. But what it seems to do is say the basic level of coverage, and the things you have to pay for, are a lot higher than many people want, need, or are willing and able to pay for.
I think they'll find they could have done a better job if they had started with requiring just a very basic, minimal level of coverage to hit catastrophic events, and let people pick and choose plans with "add ons" that they find important or necessary.
Originally posted by ScoobyDoo
View Post
Again, compare to auto coverage. I have to buy liability coverage. Maybe I choose comprehensive or collision, maybe not. Depends upon my risk tolerance.
Same with health insurance. Before, maybe I had prescription coverage, maybe I covered preventative care, maybe I covered care outside of my provider network. You had some choices, based upon your situation, lifestyle, etc...
I don't think Obamacare seeks to make everyone's health insurance identical. But what it seems to do is say the basic level of coverage, and the things you have to pay for, are a lot higher than many people want, need, or are willing and able to pay for.
I think they'll find they could have done a better job if they had started with requiring just a very basic, minimal level of coverage to hit catastrophic events, and let people pick and choose plans with "add ons" that they find important or necessary.
Comment