universal coverage and the lack of lifetime limits, will insurance rates spike up because of these new coverage requirements. Will the mandatory health insurance quote you get today be the same mandatory health insurance quote you get when the actual requirement to purchase the insurance kicks in.
The popularity of this bill will be a direct result of the increase or decrease in cost of individual insurance policies over the next few months. With no public option in this bill to force insurance competition the likelihood is that insurance rates will rise dramatically. Good or bad this new bill is certainly flawed in that there is no pressure to contain costs or limit excesses in insurance company profits. Expecting the market to regulate itself is the equivalent of letting the foxes guard the hen house. The best and possibly only way to solve the health care problem in this country is to require Insurance companies to develop a different model, one that is not driven as much by excesses in profit or a corporation's bottom line. Health care must be considered a responsibility of government just like law enforcement and national security. As radical as this solution may seem, creating a national health insurance pool with the government as the insurer of last resort and restraints on excess profits and offsets is the only logical way to deal with escalating health care costs.
Soâ€Ś Whatâ€™s Next ? To learn more about Mandatory Health Insurance, Click Here: http://mandatoryhealthinsurance.net
Published on Feb 20, 2014