Paul Krugman, economist, may know economic theory but his knowledge and understanding of health care and health insurance put him in the same class with Ezra Klein.
Guys, don't give up your day job.
In some states, like California, insurers reject applicants with past medical problems. In others, like New York, insurers can’t reject applicants, and must offer similar coverage regardless of personal medical history (“community rating”);NY Times
Community rating has nothing to do with guaranteed issue.
Obamacare closes this gap with a three-part approach. First, community rating everywhere — no more exclusion based on pre-existing conditions.You repeat this, which means the first time was not a slip, just ignorance.
Well, the California bids are in — that is, insurers have submitted the prices at which they are willing to offer coverage on the state’s newly created Obamacare exchange. And the prices, it turns out, are surprisingly low.Define surprisingly low.
Instead he links to articles from New Republic and Washington Post as his proof that Obamacare will be affordable and no sticker shock.
Both articles factor in subsidies, which may or may not be available. Neither article mentions the skinny networks or the tiny drug formularies, both of which can make the plan difficult to actually use from a consumer standpoint.
Kind of like the Yugo.
Yes, it isn't much of a car but look how AFFORDABLE it is.
Sorry Paul. Not impressed.
THIS JUST IN (from Henry Stern) . . .
six states with active purchaser policies: California, Massachusetts, New York, Oregon, Rhode Island and Vermont. These are the only six states in the nation that have the power to turn away a health insurer that doesn’t, for example, offer competitive rates–or maybe doesn’t provide a wide enough network.
In other words, The Republik of Kalifornia picks for you.
Just like Obamacare.
If you like the plan you have now, get over it.
UPDATE . . .
And Forbes weighs in as well.