"The Obama administration said Friday it will cut premiums and upgrade coverage in a new health plan for people with medical problems, because enrollment has been disappointingly low." Initially, "government economists had projected that people turned down by private insurers would flock to the new Pre-Existing Condition Insurance Plan, with 375,000 expected to sign up this year," yet "as of this week, a little more than 8,000 had enrolled, officials said." This is due in large measure to the premiums, which "can range from $400 to $600 per month or more for people in their 40s and 50s."
So just because there are not enough people in the plan, the federal government can ARBITRARILY decide to REDUCE the premiums and make the benefits RICHER? How can they do this? Easy. Taxpayers subsidize the change.
And exactly how does a private health insurer compete on this supposed level playing fiield?
No comments:
Post a Comment