Health Care Reform – Removing Risk

What has never been adequately discussed, is the certainty that millions of currently insured individuals will cancel their policies when risk is removed from the equation.

 If I can buy insurance after I get sick, why would I pay premiums to protect myself against this risk? The so-called “mandate” will not stop this from happening as the penalty is not more than 15% of what most annual premiums cost.

 If, as I surmise, millions of health insured’s drop their coverage, the only ones left are those with current health issues, who need insurance to leverage their “nickels into dollars”. How long will insurance companies remain interested in a line of business that collects a dollar and pays out two?

 When you remove risk from insurance, it becomes dollar trading and no longer makes sense to anyone in the private sector. It may survive, but only with massive amounts of public (tax) funding to offset losses.

 I suggest that this is the “Trojan horse” that ushers in a government run single payer system and it is the intention of those who would like to see this happen, that the “reforms” they propose will fail as they must, resulting in the real goal of government run health insurance to take place.

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One Response to “Health Care Reform – Removing Risk”

  1. Mr WordPress Says:

    Hi, this is a comment.
    To delete a comment, just log in, and view the posts’ comments, there you will have the option to edit or delete them.

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