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Old 07-18-2017, 12:05 PM   #7
jms62
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Join Date: Mar 2005
Posts: 314
Quote:
Originally Posted by forced89 View Post
Should be a simple solution. (1) Block grant Medicaid to the States. The argument will be about how much and for how long. (2) Allow insurance companies who are offering ACH compliant policies to also offer lower cost stripped down policies. (3) Get rid of the Mandate for not buying insurance. (4) Allow those 60 and up to buy into Medicare or say $3,500 per year. This would last until they are Medicare eligible.
Ultimately when these under insured / non insured get sick they will be treated at the hospital. The hospital isn't going to turn them away. The hospital will raise prices to makeup for losses treating these people and insurance companies will raise their prices to keep their profit margin. Those of us that prepare and have adequate insurance are the ones to bear the brunt of these cost increases. This is the unfortunate reality.
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