Thursday, January 14, 2010

“MIDDLE-INCOME WORKERS could save as much as $8,000 per year by dropping coverage and purchasing health insurance only when sick. Indeed, the legislation effectively removes any penalty on such behavior by forcing insurers to sell health insurance to the uninsured at standard premiums when they fall ill. The legislation would thus encourage "adverse selection"—an unstable situation that would drive insurance premiums, government spending, and taxes even higher.”

And they will. If I could only do that with my Medicare Part B insurance, I would.

Read it all.

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