The Resurgent-
The text of the Cruz amendment hasn’t been publicly released, but it is being circulated on typed handouts. It would allow insurance companies to offer plans that did not meet certain Affordable Care Act requirements if they also offer plans that do. In allowing such plans to be sold, insurers would be able to offer more affordable plans that don’t adhere to ObamaCare’s insurance regulations to individuals who don’t necessarily need or want to pay for certain coverage.
According to the New York Times “The Upshot” blog, The Cruz Consumer Choice amendment wouldn’t explicitly create and fund the special insurance markets, as the House bill did. Instead, insurance experts said, it would create a sort of de facto high risk pool — encouraging customers with health problems to buy insurance in one market and those without illnesses to buy it in another.
This is how Sen. Cruz described his plan last week:
If an insurance company offers at least one plan in the state that is compliant with the (Obamacare) mandates, that company can also sell any additional plan that consumers desire.
ht/ tsunami
Mitch McConnell would rather work with the dems according to Drudge
Back in the dark ages that many of us still remember (the 60s and 70s) health insurance was called either Hospitalization or Major Medical. It was reasonably priced and just about everybody seemed to have it. Everyday expenses were paid out of pocket by the individual but if something major happened you had coverage. It was basically what they call “catastrophic” coverage nowadays. When insurance started having to cover every doctor visit and bandage is when costs started to increase, both from having to cover more expenses and from providers realizing they could jack up the prices because insurance was paying it.
Sounds like a step in the right direction, total repeal of all or almost all of federal intervention in health care would be better.
Choice! What a great idea. I thought the democrats were in favor of that.
If I decide I’m a pregnant woman I have to pay for that preexisting condition? What is this world coming to?
I would love the ability to cafeteria plan. My wife has gone through menopause–we no longer need pregnancy coverage, so why pay for it? And under Obamacare, I’m covered for pregnancy and birth control. Don’t need ’em!
Mandate that Congress and anyone else in the bureaucracy must adhere to any policy passed just like the rest of us.
That would be fantastic. It would allow them to offer any sort of coverage. And, as in all furniture stores, there would be that one full-priced model sitting in the corner with nobody interested in it.
I am eagerly waiting for my first opportunity to dump the mediocre coverage I am overpaying for. It isn’t the company, although who really likes their insurer? It’s the mandated ‘minimum’.
Back door free market. Great idea. Why would anyone buy Obamacare (unless they got a subsidy) when better coverage for less is available.
As insurance plans shake out and laws allowing plans to be sold across state lines take hold, premiums go down to the point where Obamacare is obsolete. People will be able to get 3 times the coverage for 1/3 the cost and subsidies – if any – would be a pittance.
I’ve heard and read about a thousand good ideas to fix this mess, but those in charge {McConnell, Ryan} will see to it that it goes nowhere.