Senator Cruz’s plan is actually a walk around the preexisting part of the Affordable Healthcare Law….
It would allow younger and healthier Americans to join a separate insurance plan. Of course, this would take millions out of the existing insurance plan which would be force to charge MUCH higher rates…..
Those higher rates would mean that those people would eventually be priced out of the healthcare insurance markets sending things back to the pre-Obamacare era…..
It essentially penalizing Americans who get older and need additional medical care….
The two leading health insurer trade groups sent a strongly-worded letterFriday expressing opposition to a controversial conservative provision included in the latest GOP ObamaCare replacement bill.
America’s Health Insurance Plans and the Blue Cross Blue Shield Association warned that the provision from Sen. Ted Cruz (R-Texas) would mean “premiums will skyrocket for people with preexisting conditions” and “millions of more individuals will become uninsured.”
The letter expresses opposition to a provision, included in the new GOP repeal bill, that would allow insurers to sell plans that do not meet ObamaCare regulations, including the ban on discrimination based on pre-existing conditions, if they also sold plans that did meet the requirements.
Conservatives argue this move would allow younger, healthier people to buy cheaper plans.
The insurers, and many health experts, warn that only sick people would remain in the more expensive, more generous ObamaCare plans, leading to premium spikes for people with pre-existing conditions.
“This would allow the new plans to ‘cherry pick’ only healthy people from the existing market making coverage unaffordable for the millions of people who need or want comprehensive coverage, including, for example, coverage for prescription drugs and mental health services,” the letter states…..
The bill , as written for the Senate , also would DRASTICALLY cut Medicaid funds to the state’s giving ANOTHER blow to those who are not as well off and getting older……Share on Facebook