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Reply #49: But would there be a legal minimum your employer would be required to pay [View All]

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NoUsername Donating Member (265 posts) Send PM | Profile | Ignore Wed Sep-16-09 10:41 PM
Response to Reply #29
49. But would there be a legal minimum your employer would be required to pay
or, for that matter, a price cap on what insurance companies could charge? So far, the only thing I have heard is that people would be required to either buy insurance or pony up for the fine. Will the bill require standardized fees and premiums as in: for a private insurance company to be able to to LEGALLY offer insurance, they will be required to pay x% on doctor visits, x% on prescriptions, x% on lab fees, etc. and the MAXIMUM they will be able to charge the 'victims' is $$$ per month for a single person, $$$per month for a family of 4, etc.

Without some sort of price requirements, all I can see is that 'mandated insurance' will give insurance companies free reign to raise prices to astronomical levels (as if they aren't there already) AND blame the government for the price increases in the process. IOW, it's a HUGE handout to the insurance companies. No surprise there. They're taking a page out of the Wall Street Bailout book.
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