I do not particularly like the reform because as a taxpayer I am forced to provide for the profits of insurance companies and shareholders when we justifiably subsidies Americans unable to pay the full cost of insurance. Paying for a service is as simple a task that our government can do and do well. Medical care, a real service and product should be private to foment innovation in new treatments. Paying for the service does not require a middleman to skim profits. We could insure more at a lesser cost if the middleman were removed.
I will support this bill because I do not think the politicians have the wherewithal to do more. It does lay the ground work for a single payer system when insurance falls under its own weight and the structure will be there ready to perform.
Major Features:
Reforms that will be effected this year
- Children up to 26 years to remain on parents insurance.
- $250 Rebate to help fill the donut hole phasing in the standard 25% coinsurance by 2020
- All insurance prohibits rescissions.
- Increase funding for community Health Centers that provide preventative care.
Reforms beginning in 2014
- Make healthcare more affordable for families making less than $88,000.
- Eliminate preferential treatment written into the Senate bill for Nebraska
- Federal oversight committee to assist states in their rate review allowing for denial of unwarranted rate increases.
- Everyone must purchase or contribute toward insurance either via private insurance or indirectly through penalties.
- Crackdown on fraud and abuse
- Eliminates pay-for-delay that delays the release of drugs.
- Eliminates lifetime limits, annual limits, and pre-existing conditions exclusions
- A national floor of 29,000 for family of four to qualify for Medicaid
Viewers are encouraged to subscribe and join the conversation for more insightful commentary and to support progressive messages. Together, we can populate the internet with progressive messages that represent the true aspirations of most Americans.
