How would health insurance businesses be able to stay viable if the Senate bill is passed?
johma513 asked:
As I understand it, the bill forces all Americans to have health insurance. However, I think that the fine for having no health insurance is around $750. But after the year 2014, health insurance companies will not be able to turn customers away for preexisting conditions. Why wouldnt someone pay the fine or buy low end coverage until they got ill and supplement the coverage or buy an extensive plan?
As I understand it, the bill forces all Americans to have health insurance. However, I think that the fine for having no health insurance is around $750. But after the year 2014, health insurance companies will not be able to turn customers away for preexisting conditions. Why wouldnt someone pay the fine or buy low end coverage until they got ill and supplement the coverage or buy an extensive plan?
Tags: Health Insurance Companies, Insurance, Insurance Businesses

January 24th, 2010 at 12:41 am
In the end, hundreds of thousands of current insurance company employees will be looking for work.
January 24th, 2010 at 12:47 pm
Yes.Look at Canada they have government healthcare but it SUCKS! Canadians come down here to the U.S. for healthcare instead.So screw the bill!
January 24th, 2010 at 2:56 pm
i htought the main reason of living in a society was to help each other out, am i wrong?
December 2nd, 2010 at 11:19 am
are there or perhabs someplace out there i can found the trusted best insurance policy that what i mean is cheap but have the good quality and comfortable to claim lol