Thread: HC reform...
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Old 06-11-2009, 09:42 AM
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Wagner Wagner is offline
..make it happn' capn'
 
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Here is what I thought was most telling:

2.) In its purest form, community rating requires that insurers charge the same premiums for all their patients, regardless of their age, obesity or any lifestyle differences. New York, New Jersey and a half-dozen other states have stringent community rating laws. In most states, insurers can charge their customers according to their actual costs, so a 62-year-old smoker would pay, say, $10,000 for a policy versus $800 for a 20-year-old marathoner.

The senate plan would impose a strict, narrow band on all premiums nationwide: Insurers could never charge more than twice as much in premiums for their most expensive patient versus their least costly. So the 62-year-old's policy might fall to $5,000, and the 20-year-old's would go to $2,500. The senior would get a big subsidy, and the youngster would pay far more than his real cost.
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