Comments on: New health insurance mandates would increase premiums http://keithhennessey.com/2009/07/23/higher-premiums/ Your guide to American economic policy Wed, 17 Mar 2010 19:57:44 -0400 http://wordpress.org/?v=abc hourly 1 By: aerodog http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-14046 aerodog Sun, 27 Dec 2009 00:11:54 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-14046 It seems to me that by counting costs of Community Rating (25%) and Guaranteed Issue (94%) separately, you are charging for the same thing twice. Specifically, it doesn't really cost money for someone to HAVE insurance (Guaranteed Issue), it only costs money when they USE the insurance. This latter time is reflected in the purported costs of Community Rating., where these unhealthy individuals begin to incur the costs that all of their community-rated peers must now PAY for with their increased premiums. I am also quite reluctant to accept these politically-generated figures (Bush White House?) as factual, despite the disclaimer that they are based on non-group/individual policiy costs. To claim that only a tiny fraction of the populace is unhealthy, but then go on to say that this tiny fraction alone would raise the cost of EVERYONE else's insurance by 25% needs to be supported with figures as this 25% surcharge is an enormous amount to spend on this small number of people. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('14046','aerodog'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('14046','aerodog','It seems to me that by counting costs of Community Rating (25%) and Guaranteed Issue (94%) separately, you are charging for the same thing twice. Specifically, it doesn't really cost money for someone to HAVE insurance (Guaranteed Issue), it only costs money when they USE the insurance. This latter time is reflected in the purported costs of Community Rating., where these unhealthy individuals begin to incur the costs that all of their community-rated peers must now PAY for with their increased premiums. \nI am also quite reluctant to accept these politically-generated figures (Bush White House?) as factual, despite the disclaimer that they are based on non-group\/individual policiy costs. To claim that only a tiny fraction of the populace is unhealthy, but then go on to say that this tiny fraction alone would raise the cost of EVERYONE else's insurance by 25% needs to be supported with figures as this 25% surcharge is an enormous amount to spend on this small number of people. '); return false;">Quote</a></div> It seems to me that by counting costs of Community Rating (25%) and Guaranteed Issue (94%) separately, you are charging for the same thing twice. Specifically, it doesn't really cost money for someone to HAVE insurance (Guaranteed Issue), it only costs money when they USE the insurance. This latter time is reflected in the purported costs of Community Rating., where these unhealthy individuals begin to incur the costs that all of their community-rated peers must now PAY for with their increased premiums.
I am also quite reluctant to accept these politically-generated figures (Bush White House?) as factual, despite the disclaimer that they are based on non-group/individual policiy costs. To claim that only a tiny fraction of the populace is unhealthy, but then go on to say that this tiny fraction alone would raise the cost of EVERYONE else's insurance by 25% needs to be supported with figures as this 25% surcharge is an enormous amount to spend on this small number of people.
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]]> By: Pajamas Media » Bizarro Health Care “Reform”: Expect Less, Pay More http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-13031 Pajamas Media » Bizarro Health Care “Reform”: Expect Less, Pay More Thu, 05 Nov 2009 08:05:35 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-13031 [...] because politicians cave to interest groups who want to force everyone to buy insurance with costly benefits that they may not want. In Massachusetts, such “mandates are helping to drive up costs, [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13031','Pajamas Media » Bizarro Health Care “Reform”: Expect Less, Pay More'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13031','Pajamas Media » Bizarro Health Care “Reform”: Expect Less, Pay More','[...] because politicians cave to interest groups who want to force everyone to buy insurance with costly benefits that they may not want. In Massachusetts, such “mandates are helping to drive up costs, [...]'); return false;">Quote</a></div> [...] because politicians cave to interest groups who want to force everyone to buy insurance with costly benefits that they may not want. In Massachusetts, such “mandates are helping to drive up costs, [...]
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]]> By: Ironic Surrealism v3.0 » Obama Economics Adviser Robert Reich Explains How Public Option Health Care Will Let You Die http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12851 Ironic Surrealism v3.0 » Obama Economics Adviser Robert Reich Explains How Public Option Health Care Will Let You Die Tue, 27 Oct 2009 15:29:10 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12851 [...] Will the individual mandate and “community rating” provisions result in young people paying substantially more for health insurance? Yes. [...]
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]]> By: View From a Height http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12701 View From a Height Tue, 20 Oct 2009 13:56:27 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12701 [...] fact, we’ve already run this experiment in several states.  The result is universally higher premiums, and it’s not hard to see why.  Because now, as a healthy, [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('12701','View From a Height'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('12701','View From a Height','[...] fact, we’ve already run this experiment in several states.  The result is universally higher premiums, and it’s not hard to see why.  Because now, as a healthy, [...]'); return false;">Quote</a></div> [...] fact, we’ve already run this experiment in several states.  The result is universally higher premiums, and it’s not hard to see why.  Because now, as a healthy, [...]
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]]> By: Patterico’s Pontifications » ObamaCare: Health insurers balk at Baucus vapor bill http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12582 Patterico’s Pontifications » ObamaCare: Health insurers balk at Baucus vapor bill Mon, 12 Oct 2009 17:09:15 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12582 [...] issue”) and charge the same rates (“community rating”) — causing insurance premiums to skyrocket — but this would be offset by the individual mandate, which would force the young and healthy to [...]
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]]> By: The Greenroom » Forum Archive » ObamaCare: Health insurers balk at Baucus vapor bill http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12580 The Greenroom » Forum Archive » ObamaCare: Health insurers balk at Baucus vapor bill Mon, 12 Oct 2009 15:35:43 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12580 [...] issue”) and charge the same rates (“community rating”) — causing insurance premiums to skyrocket — but this would be offset by the individual mandate, which would force the young and healthy [...]
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]]> By: Patterico’s Pontifications » ObamaCare: A FAIL from sea to shining sea http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12525 Patterico’s Pontifications » ObamaCare: A FAIL from sea to shining sea Thu, 08 Oct 2009 02:37:45 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12525 [...] everyone (“guaranteed issue”) and charge the same rates (“community rating”) will cause insurance premiums to skyrocket, perhaps double. For all of the Democratic rhetoric about how ObamaCare will promote choice, it is [...]
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]]> By: The Greenroom » Forum Archive » ObamaCare: A FAIL from sea to shining sea http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12516 The Greenroom » Forum Archive » ObamaCare: A FAIL from sea to shining sea Wed, 07 Oct 2009 12:51:38 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12516 [...] issue”) and charge the same rates (“community rating”) will cause insurance premiums to skyrocket, perhaps double. For all of the Democratic rhetoric about how ObamaCare will promote choice, it is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('12516','The Greenroom » Forum Archive » ObamaCare: A FAIL from sea to shining sea'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('12516','The Greenroom » Forum Archive » ObamaCare: A FAIL from sea to shining sea','[...] issue”) and charge the same rates (“community rating”) will cause insurance premiums to skyrocket, perhaps double. For all of the Democratic rhetoric about how ObamaCare will promote choice, it is [...]'); return false;">Quote</a></div> [...] issue”) and charge the same rates (“community rating”) will cause insurance premiums to skyrocket, perhaps double. For all of the Democratic rhetoric about how ObamaCare will promote choice, it is [...]
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]]> By: Ruth Ulrich » Blog Archive » FIRED UP! READY TO MISLEAD! http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-2/#comment-12066 Ruth Ulrich » Blog Archive » FIRED UP! READY TO MISLEAD! Tue, 15 Sep 2009 17:36:19 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-12066 [...] Hennessey, “New Health Insurance Mandates Would Increase Premiums,”KeithHennessey.com, [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('12066','Ruth Ulrich » Blog Archive » FIRED UP! READY TO MISLEAD!'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('12066','Ruth Ulrich » Blog Archive » FIRED UP! READY TO MISLEAD!','[...] Hennessey, “New Health Insurance Mandates Would Increase Premiums,”KeithHennessey.com, [...]'); return false;">Quote</a></div> [...] Hennessey, “New Health Insurance Mandates Would Increase Premiums,”KeithHennessey.com, [...]
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]]> By: The Greenroom » Forum Archive » The sticker shock of ObamaCare-Lite http://keithhennessey.com/2009/07/23/higher-premiums/comment-page-1/#comment-6112 The Greenroom » Forum Archive » The sticker shock of ObamaCare-Lite Thu, 13 Aug 2009 15:21:41 +0000 http://keithhennessey.com/2009/07/24/the-proposed-health-care-bills-will-increase-private-health-insurance-premiums/#comment-6112 [...] Granted, these are state mandates, rather than national mandates, involving individual insurance, rather than employer-based insurance. But mandated benefits, community rating, and guaranteed issue requirements could increase health insuran.... [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('6112','The Greenroom » Forum Archive » The sticker shock of ObamaCare-Lite'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('6112','The Greenroom » Forum Archive » The sticker shock of ObamaCare-Lite','[...] Granted, these are state mandates, rather than national mandates, involving individual insurance, rather than employer-based insurance. But mandated benefits, community rating, and guaranteed issue requirements could increase health insuran.... [...]'); return false;">Quote</a></div> [...] Granted, these are state mandates, rather than national mandates, involving individual insurance, rather than employer-based insurance. But mandated benefits, community rating, and guaranteed issue requirements could increase health insuran…. [...]
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