Insurers offer to stop charging sick people more
This is an excellent idea, and is a compromise that I have been encouraging for quite some time. If everyone is required to have health insurance, then there won't be any problem of people waiting until they get sick and then getting insurance at a cheap price. I hope that the Obama Administration will consider this option as an important part of its health care plan.WASHINGTON – The health insurance industry offered Tuesday for the first time to curb its controversial practice of charging higher premiums to people with a history of medical problems.
The offer from America's Health Insurance Plans and the Blue Cross and Blue Shield Association is a potentially significant shift in the debate over reforming the nation's health care system to rein in costs and cover an estimated 48 million uninsured people. It was contained in a letter to key senators.
In the letter, the two insurance industry groups said their members are willing to "phase out the practice of varying premiums based on health status in the individual market" if all Americans are required to get coverage.
It's good to see the insurance companies willing to make this compromise, and I think this bodes well for the future of health insurance in this country.