Quote:
Originally Posted by rahl
If out of pocket maximums weren't being capped then they would only marginally rise. But since this legislation also caps out of pocket maximums as well as removes the cap for lifetime benefits premiums will rise. So taken as a whole insurance companies have no choice but to raise premiums to cover their exposure.
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This is all speculation without taking into account the numerous factors that apply here, such as the risk distribution of the uninsured being included in the risk pool, increased access to maintenance and preventive care, and so on.
And again, if that is the outcome, it will be simply another reason for why single payer universal health care is far superior to for profit basic health insurance.