Daily News Updates - Health Insurance News

Mr. McCain’s Definition of ‘Best Coverage’, Pt.3 – Portable, sustainable & adequate.

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As Mr. Post explains, Mr. McCain proposes to deregulate health insurance to make it ‘more affordable’. His means to do this is by removing consumer protection mandates. Certainly, this will reduce the price. Going back to ‘leaded’ gasoline would do that too, as would abolishing speed limits cut down on speeding ticket expense. These are all government regulations. Consumer regulations are always unpopular with industry. They add to production cost. But what good is a government that doesn’t look out for it’s people? Why have one at all? The wise voters will be aware of the 27 million Americans with inadequate health insurance. The wise voter will consider the extreme hardship place on those with inadequate health insurance. The wise will realize that without any consumer protection from the government, millions and millions more Americans will become ‘underinsured’.

There are a few similarities between both candidates and, of course, they are good ones. One of these is the idea of ‘portability’. When a person changes jobs, it would do well if that person could keep existing health insurance even at the next jobsite. Of course, it would be even better if a person could still afford adequate health insurance for the many cases of job losses followed by unemployment, as is so prevalent today and will remain for some time. Still, ‘portability’ is certainly a step in the right direction.

But just having ‘cheap’ health insurance won’t cut it. In so many cases, it’s been found that being ‘under-insured’ leaves a person much worst off than being ‘un-insured’.

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