I read most of Hillary's plan on her web site. From what I can tell she wants to force everyone to purchase insurance from either a private company or a plan offered by the government. Insurance companies would not be allowed to charge more based on age, pre-conditions or anything else that might be perceived as higher risk.
As an example (I'm just guessing here) someone over 55 who is paying $1000 per month and someone under 25 who is paying $200 per month would now be paying the same. I guess the result would be something like $600 per month for both. There would be government subsidies for those who can't afford it.
On the surface this looks like a good deal for the old and/or unhealthy and a bad deal for the young and/or healthy. I guess bringing in all the young and healthy currently uninsured people might keep the rates somewhat lower than now? I still don't understand the monetary logic of her and Obama's plan of keeping the insurance companies in the loop.
Last edited by flstf; 02-03-2008 at 03:42 AM..
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