Monday, October 17, 2016

Is Health Insurance Rationing on the Table?

■ Data Point 1: Health insurance ≠ health care

■ Data Point 2: We already know that health care is being rationed

Question: Is health insurance rationing "the next big thing?"

Reason I ask is this tidbit from The North Star State's Pioneer Press:

"Insurance companies on the individual market will increase their premiums between 50 percent and 67 percent ... and almost all the plans will put caps on the number of total customers they accept." [emphasis added]

About the massive premium hikes we already knew, but that highlighted section is bone-chilling. With one very unusual exception, I have never heard of a carrier putting a limit on how many plans it would sell. Think about it: have you ever heard a car dealer say "hey, we've already sold too many cars this month, let's take a break?"

On the other hand, the government isn't telling car dealers to lose money every month, either.

Exit question: How long until it's in your state?

[Hat Tip: HotAir]
blog comments powered by Disqus