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Originally Posted by pr0f3n
A regressive tax on vice items including fast food and transfat items, for example, would be a more reasonable approach. It would accomplish what you're proposing more directly plus help by pricing those things out of the lifestyles of the poor.
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pr0f3n...I thnk the conservative free market approach to cost containment is for heatlh insurers to provide bonues to their executives who can drop the most customers from coverage:
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Health insurer tied bonuses to dropping sick policyholders
One of the state's largest health insurers set goals and paid bonuses based in part on how many individual policyholders were dropped and how much money was saved.
Woodland Hills-based Health Net Inc. avoided paying $35.5 million in medical expenses by rescinding about 1,600 policies between 2000 and 2006. During that period, it paid its senior analyst in charge of cancellations more than $20,000 in bonuses based in part on her meeting or exceeding annual targets for revoking policies, documents disclosed Thursday showed.
The revelation that the health plan had cancellation goals and bonuses comes amid a storm of controversy over the industry-wide but long-hidden practice of rescinding coverage after expensive medical treatments have been authorized.
These cancellations have been the recent focus of intense scrutiny by lawmakers, state regulators and consumer advocates. Although these "rescissions" are only a small portion of the companies' overall business, they typically leave sick patients with crushing medical bills and no way to obtain needed treatment.
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Insurers maintain that cancellations are necessary to root out fraud and keep premiums affordable. Individual coverage is issued to only the healthiest applicants, who must disclose preexisting conditions.
full article: http://www.latimes.com/business/la-f...la-home-center
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Its called "compassionate conservatism"
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Last edited by dc_dux; 01-28-2008 at 08:04 AM..
Reason: fixed link
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