And in return for receiving more than 30m previously uninsured customers, many of them young and healthy, the insurance companies are obliged to offer more generous coverage.
They assume that if you insure the uninsured or give people more generous coverage that they will all get more health care without ever asking: who is going to provide that extra care?
Then give people a set of choices that range from basic coverage to highly generous expensive coverage and let them decide how much money they want to spend.
Medicaid will provide much less generous government coverage to one-quarter of the population.
CNN: After the mandate, government-run health care would grow
Medicare will provide fairly generous government health coverage to about one-quarter of the population.
CNN: After the mandate, government-run health care would grow
Union members there enjoy generous health-care coverage which costs them next to nothing.
Only through local medical coverage and generous online donations have the Krugers been able to consider such a modern solution with no guarantee it will work.
Among changes that might work in consumers' favor are liability protection for certain claims and coverage for mold more generous than that of the typical ISO policy, says Mr. Schwarcz, who also serves as a consumer representative at the National Association of Insurance Commissioners, an organization of state regulators.
Insurance companies would utilize co-pays, deductibles, coverage limitations, and other contractual features that discourage inefficient levels of care, and more generous policies would be more expensive, discouraging demand for such coverage.
It is not hard to imagine employers doing the math and realizing they can drop coverage, give employees a raise, send them to the exchange to purchase the same or more generous insurance, and still come out ahead!
FORBES: Part 2: Does Massachusetts Predict Employer Behavior Under Obamacare? Probably Not
应用推荐