Daily News Updates - Health Insurance News

Health-Care Contrasts, Pt.4 – Win / win, or no deal.

Previous…

But, owing that big industry sees the writing on the wall; they realize that something must be done about the nationwide threat of the impending health insurance crises. So they are working with Congress to find a workable resolve. Leaders of the health insurance industry explain that they cannot support a one-sided approach at the cost of their own demise, but they can work with a ‘supporting all’ approach in the broader sense. The rub is that, if they offer policies to just anyone, they be left only with those who have the greatest expenses. People who don’t have expenses will not take out policies. So the hapless health insurance provider would end up paying out far more than they were taking in.

So, in the interest of fairness (and any chance of success), the formidable health insurance industry will consider covering ‘just anyone’ as long as ‘just anyone’ mandates ‘everyone’. They must balance their risk in order to survive. And survive, they will. Their power and influence on these health insurance issues is almost too scary to think about. The wise survivors in Congress have never questioned this.

To bring all this back to the Obama perspective, it should noted that the general public has always been shy of extreme changes, even if they agree with them. The Obama / Hillary debate wasn’t so much about the ‘mandate all’ question as it was about who could take on McCain. Obama took on the less extreme approach of not mandating health insurance for all adults. His platform was simply to provide ‘affordable’ coverage so that all could get it, if they choose.

Continued…