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In a July 15 editorial, subsequently highlighted by Rush Limbaugh and the Media Research Center, Investor's Business Daily falsely claimed that the House tri-committee health-care reform bill includes "a provision making individual private medical insurance illegal." The editorial later stated that the "provision would indeed outlaw individual private coverage." That assertion is false; the bill will not "outlaw individual private coverage."
In fact, the provision to which the editorial referred establishes the conditions under which existing private plans would be exempted from the requirement that they participate in the Health Insurance Exchange. Individual health insurance plans that do not meet the "grandfather" conditions would still be available for purchase, but only through the Exchange and subject to those regulations.
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[IBD editorial quoted; actual language of the bill quoted; link to para in bill]
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According to the House committees' summary of the bill, the Health Insurance Exchange "creates a transparent and functional marketplace for individuals and small employers to comparison shop among private and public insurers."
"The paragraph in question" (http://docs.house.gov/edlabor/AAHCA-BillText-071409.pdf#page=16 - broken link)
how can private insurance survive in an environment where the gov't can set it's own prices, regardless of market value of those services?
If hospital charges, doctor fees and health insurance rates were affordable, this never would have come up.
Health care costs were at crisis level in the days of the Clintons; they tried to do something about it and were smacked down. Following administrations ignored the problem even as costs skyrocketed; costs vary wildly from state to state; now an administration is stepping up to try to fix this chronic problem.
These greedy industries have only themselves to blame IMO.
how can private insurance survive in an environment where the gov't can set it's own prices, regardless of market value of those services?
Don't know much about government, do you?
They'll have to set prices that pay overhead costs on top of the service.
The government is a "not for profit" entity; private industry is a "for profit" entity.
Private industry had 16 years to figure it out, they chose to do nothing.
They priced themselves out of business.
If hospital charges, doctor fees and health insurance rates were affordable, this never would have come up.
Health care costs were at crisis level in the days of the Clintons; they tried to do something about it and were smacked down. Following administrations ignored the problem even as costs skyrocketed; costs vary wildly from state to state; now an administration is stepping up to try to fix this chronic problem.
These greedy industries have only themselves to blame IMO.
have you seen the reimbursement rates for medicare??? mechanics, plumbers, pretty much anybody makes more that what medicare reimburses. how about $17 for a doctor's visit. don't you think your life is a worth a little more than that???
Don't know much about government, do you?
They'll have to set prices that pay overhead costs on top of the service.
The government is a "not for profit" entity; private industry is a "for profit" entity.
Private industry had 16 years to figure it out, they chose to do nothing.
They priced themselves out of business.
delusianne, jinx.
i've seen the gov't screw my wife (social security disability, years wait just for a hearing while she sufferend), the military members (champus being replaced by tricare, sorry about that free healthcare we promised you, now you are going to have to pay for it).
I know exactly how the gov't works, which is why it scares me to death that they want to take over healthcare.
Did you know that medicare's drug benefit plan is largely unfunded because they don't know how much it is going to cost? Medicare Drug Benefit May Cost $1.2 Trillion (washingtonpost.com)
have you seen the reimbursement rates for medicare??? mechanics, plumbers, pretty much anybody makes more that what medicare reimburses. how about $17 for a doctor's visit. don't you think your life is a worth a little more than that???
Please give a link to a report on starving doctors.
The AMA is on board with the Admin's health plan so far -- they're not going to lose a nickel. That should tell you something. (Also in the letter to the Ways and Means Committee quoted below, the AMA says (ambiguously?) it's pleased that the health plan "will strengthen the Medicaid program.")
Not all American doctors go into the field to get rich. Some go out to underserved rural areas and so on.
Also, "while [having to accept Medicare rates, not being able to charge co-pays under Medicare] may be considered disadvantages, the benefit for the doctor comes in having access to a greater number of patients. Many of these patients will require increasing numbers of visits to the doctor as they age, thus providing a steady stream of income for the doctor."
Also, "while [having to accept Medicare rates, not being able to charge co-pays under Medicare] may be considered disadvantages, the benefit for the doctor comes in having access to a greater number of patients. Many of these patients will require increasing numbers of visits to the doctor as they age, thus providing a steady stream of income for the doctor."
Right!
Happy the businessman that says " We're losing money per unit but making it up in volume"
Except, these are doctors.
Do you think doctors who accept Medicaid are fools?
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