Insurers warn Cruz provision will 'skyrocket' premiums for sick people

[TomCADem]

Source: MSN/The Hill

The two leading health insurer trade groups sent a strongly-worded letter Friday expressing opposition to a controversial conservative provision included in the latest GOP ObamaCare replacement bill.

America's Health Insurance Plans and the Blue Cross Blue Shield Association warned that the provision from Sen. Ted Cruz (R-Texas) would mean "premiums will skyrocket for people with preexisting conditions" and "millions of more individuals will become uninsured."

The letter expresses opposition to a provision, included in the new GOP repeal bill, that would allow insurers to sell plans that do not meet ObamaCare regulations, including the ban on discrimination based on pre-existing conditions, if they also sold plans that did meet the requirements.

Conservatives argue this move would allow younger, healthier people to buy cheaper plans.

Read more: http://www.msn.com/en-us/news/politics/insurers-warn-cruz-provision-will-skyrocket-premiums-for-sick-people/ar-BBEqj3j?li=BBnb7Kz

[Solly Mack]

1. That was his intent. That has been the GOP intent.

[Matthew28]

2. The gops intent is to kill

and enslave as many poor people as is possible. These fuckers are satanic.

[safeinOhio]

10. Only if it means more

tax breaks for gazillionairs..

[BootinUp]

3. Problem solved!

[tclambert]

4. You can save a lot of money on healthcare with firing squads for sick people.

I probably shouldn't say that out loud for fear Republicans might hear it and incorporate it into their next attempt at Obamacare repeal.

[Wellstone ruled]

5. Remember some one posting the true

price for the death of every person dropped from the GOP so called health care reform. Believe it works out to a 7.5 million dollar price tag in wealth transfer .

[Hoyt]

6. Cruz's proposal wouldn't be bad if he added that taxes would cover difference in premium

and some reasonable amount based somewhat on percentage of income. But the damn GOPERS never touch the reasonable subsidy side of healthcare finance, nor the questionable profits in almost 20% of our economy.

[BigmanPigman]

7. Call the reps (even Feinstein is asking you to do so now)!

This KillBill will pass if we don't let them know that they are going to be indirectly killing people.

I am one of them! PLEASE call.

[phone]

[leftieNanner]

8. Feature

Not a bug.
Cruz is a heartless asshole.

[area51]

9. F U Cruz

Go back to your native Canada.

[Dorn]

11. This is known as the health insurance death spiral

When the price of insurance has excessive increases it lowers the number of people getting useful insurance which increases the price of insurance. Return to the first sentence until no one buys insurance.

[Judi Lynn]

12. Cruz provision in Republican health bill 'unworkable in any form', insurers warn

Cruz provision in Republican health bill 'unworkable in any form', insurers warn

- Cruz amendment would allow sale of bare-bones insurance policies
- Judgment from insurance duo deals blow to Republican efforts to pass bill

Associated Press in Washington
Saturday 15 July 2017 12.53 EDT

As the Trump administration continued to woo state governors over healthcare reform, two of the US insurance industry’s most powerful organizations said a crucial provision in the Senate Republican healthcare bill, crafted by Ted Cruz and allowing the sale of bare-bones policies, was “unworkable in any form”.

The judgment dealt a considerable blow to party leaders’ efforts to win support for their legislation.

Leaders included the Cruz provision in their second healthcare bill in hopes of winning votes from other hardline conservatives. But moderates have worried the bill will cause people with serious illnesses to lose coverage, while some conservatives say it does not go far enough.

Two of the 52 Republican senators have already said they will oppose the legislation. Majority leader Mitch McConnell cannot lose any others for the legislation to survive a showdown vote expected next week. A 50-50 tied vote, with all Democrats opposing the measure, would be enough for the bill to pass with a vote from Vice-President Mike Pence.

More:
https://www.theguardian.com/us-news/2017/jul/15/republican-healthcare-bill-cruz-provision-insurers

[not fooled]

13. Yep

That's the problem with those who say "why make someone pay for coverage they don't need", directed at the young/healthy/non-reproductive. Insurance works when there are large, mixed-risk pools, not cherrypicked small groups. Under such a system many end up with skyrocketing premiums. Plus, anyone is subject to catastrophic illness or injury at which point if they had a bare-bones policy they will regret it.

"We are all in this together" is a concept that seems to elude many.

[TexasBushwhacker]

14. Without a mandate plenty of young healthy people still

won't buy health insurance at any price, even if they can afford it. Because they're young!

[Sunlei]

16. so the mandate if they make 20k a year income is $250.00 more tax to pay on their IRS report.

They'll learn with their first car accident and a $20,000 hospital visit for the smashed in teeth the value of insurance coverage with ACA.

[Sunlei]

15. Republicans LIE. Log on to healthcare.gov. play with the zipcodes & numbers.YOUNG HEALTHY PAY ZERO.

you can play around with zipcodes, ages and INCOMES...with current ACA (Obamacare) laws, young & old within income range pay ZERO for a decent "basic" healthcare insurance plan.

TODAY.