Reply #156: Wouldn't be very smart .... [View All]

[Techn0Girl]

"For one thing, the bill does say that they can't charge a deductible or even a co-pay for preventive services."

That's good to keep in mind I suppose. But remember that preventative services are usually (unfortunately) lower cost services. Flu shots cost a lot less than getting a cast in the E.R. :)

Since people are being required to take this insurance - Literally required by an additional Federal tax on their income of from several hundred to several thousand dollars a year - what possible incentive would insurance companies have to make a lower deductible than the maximum allowed by law? They have a captive audience.

Did the passage of "no-fault" auto insurance lower premiums at all? NO, it was an insurance industry initiative to make it illegal to not have auto insurance - ? Premiums rose radically in each state within a few years after the "no-fault" law passage. Why should they have lower rates? No insurance and you can't drive - you can't even register you car in most states without insurance. There is no free market when you are REQUIRED to buy the product.

They have never shown any interest in being generous or having a social conscious thus far.

Don't get me wrong - I am FOR universal health insurance for everybody.
But this ain't it. It's not even close.