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Friday, April 02, 2010

Public Option just a matter of time

The Public Option is coming...

It's only a matter of time before the public option in healthcare comes back to the table. Why? Because the insurance company's shenanigans will eventually anger enough people that both Republicans and Democrats will see that it is to their advantage to have it implemented.

The insurance industry has already begun to exploit the loop holes. People between the ages of 55 and 65 will see their premiums triple. Many will not be able to pay their premiums and will have to forgo insurance entirely and pay the penalty. If there was a public option they wouldn't have been able to get away with that (thanks Republicans!).

Think pre-existing conditions went away with this new legislation which outlaws pre-existing conditions? Think again. According to the Huffington Post [http://www.huffingtonpost.com/2010/03/31/insurance-industry-alread_n_519503.html], the companies are allowed "to charge as much as 50 percent more for people who engage in unhealthy behaviors." As Marcia Angell says (a former editor of The New England Journal of Medicine who now teaches at Harvard Medical School), "With anyone who's chronically ill, you can always find an unhealthy behavior. So that's the new preexisting condition."

And just think: the regs haven't even been written yet. Think the insurance lobby isn't going to have a hand in that? Think again.

People are going to want a public option some day. Let's hope it comes soon. And who knows? Maybe there will be enough people sick enough to throw all the bums out and come up with Medicare for All...saving hundreds of billions of dollars.

1 comment:

Cahya said...

What an interesting article.