Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If that's the case, know what changes from how it operates today?
As politics change, so will premium schedules.
Moving forward I would predict more support from central new money creation. Along with various formulas for premiums, copays and deductibles that the specialists work out.
You're going to burden young people with additional debt and expenses, simply because they're young?
Single insureds are already subsidizing the married, the married with children, and the older married crowd.
Everyone needs to bear their own burden and not that of others.
Actuarily speaking the young are burdened by higher auto premiums. It only seems fair they pay less for medical insurance. Premiums should be tied to risk and expected payments.
Actuarily speaking the young are burdened by higher auto premiums. It only seems fair they pay less for medical insurance. Premiums should be tied to risk and expected payments.
One point, actuarialially: when groups are going threw renewals or quotes, child bearing years are definitively factored in so they actually cover those post child bearing, pre retirement, in higher premiums for all.
'Young and healthy' is not really used in actuary tables... It's broken down way further!
Not being a smart aleck... Who computes the premium rate and will it take on a completely new approach or use industry standards?
This is not rocket science.
A 40 years old man with a family would simply have the option of buying a public plan or a private plan. Those over age 65 have the option of keeping private health insurance or switching to medicare. This is not anything NEW.
BTW, I suspect the premiums charged by the private insurance are mostly tied to profit. Hopefully a public plan premium will be tied to profit.
You're going to burden young people with additional debt and expenses, simply because they're young?
This is not a burden, young people already pay premiums for private health insurance. Paying premiums for public health insurance may actually be cheaper for the young because there is no profit incentive in the medical plan.
Quote:
Single insureds are already subsidizing the married, the married with children, and the older married crowd.
Everyone needs to bear their own burden and not that of others.
You are more than welcome to move to a remote place and not drive the highways or use any utility. And for the love of God I hope you plow your own street when it snows and I bet you would never dare to play golf in your local public course. And of one thing I am certain: You send your kids to private schools.
Do you belong to any of the species of solitary animals?
A 40 years old man with a family would simply have the option of buying a public plan or a private plan. Those over age 65 have the option of keeping private health insurance or switching to medicare. This is not anything NEW.
BTW, I suspect the premiums charged by the private insurance are mostly tied to profit. Hopefully a public plan premium will be tied to profit.
You didn't answer the question though: who computes the premium?
The 40 yr old can buy a public plan (ACA)
65 year old can keep a private plan (Medicare advantage)
We've been thru the premiums of private insurers.
Again, not arguing, but who would set the premium would or could go a long way in persuading people on viability.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
