EDITORIAL: Congressional analysis confirms fears about GOP health bill
It should be unthinkable that anything resembling this bill can pass in the
Older, sicker Americans would still be devastated by increased premiums as the new law would allow insurance companies to charge them far more. The most optimistic projection in the report, that overall rates would come down over a decade, is largely based on the fact that the older, sicker people won't be able to afford policies, making the customer mix younger and healthier. And a caveat allowing states to seek waivers from the requirement that policies cover essential benefits could drive these vulnerable customers' costs even higher. That's because anyone opting for policies covering pricey treatments, rather than bare-bones plans, would be identified as risky, and their plans would be exorbitant. According to the report, the cost of opioid addiction treatment would rise significantly, and fewer who need it would be able to access it.
The purpose of this bill is the same as that of the first draft. The
There are serious problems with our health care system. This plan fails to address most of them and makes the ones it does address worse.
___
(c)2017 amNewYork
Visit amNewYork at www.amny.com
Distributed by Tribune Content Agency, LLC.


CollegeAdvantage Ohio’s 529 College Savings Plan Celebrates a Milestone!
North Carolina Blue Cross Seeks 23% Hike On Individual Policies
Advisor News
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
- The ‘sandwich generation’ faces compounded barriers to retirement savings
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
More Advisor NewsAnnuity News
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
- Regulators urged to sharply limit hypothetical data in annuity illustrations
- Your client wants to cash out an annuity. Here’s what to consider
- Oklahoma Insurance Dept. helps Oklahomans recover unclaimed life insurance benefits
- Bitcoin gains ground in retirement market with Equitable annuity option
More Annuity NewsHealth/Employee Benefits News
Life Insurance News