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Health insurers pull a fast one in proposed reform

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It might have looked as if real progress toward healthcare reform was made last week when leading insurers proposed ending their long-standing practice of charging higher rates to sick people and denying coverage to those with chronic conditions.

But not so fast.

A closer look at the insurance industry''s plan reveals a potentially huge loophole that could short-circuit genuine reform.

The insurers are saying that they''ll treat all people fairly in return for a government requirement that everyone buy their product.


Added on: Mon Mar 30, 2009 10:03 am by : RupertWBradson
Rupert W Bradson
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Rupert W Bradson
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Okay, I actually haven’t believed that the costs would remain same for all. If you are at high risk you would pay more, this has remained the bottom line of insurance business for years. This is how the underwritings are done. Therefore, the idea of charging same rate to all is elusive.


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