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Health Insurers Back Universal Coverage with Individual Mandate

National News • November 20, 2008
The nation's health insurers have proposed guaranteed coverage for people with pre-existing medical conditions in conjunction with an enforceable individual coverage mandate. Under the industry ...

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Subject: RE: Gee How Surprising...

Posted On: November 20, 2008, 1:50 pm CST
Posted By: Ian O'Peril
Comment:
Well, the insurance companies see the writing on the wall. Guaranteed issue and coverage for pre-existing conditions are coming.

Without mandated coverage, private health insurance goes belly-up within 10 years because noone will need to buy coverage until they get sick.

When premiums skyrocket, of course it will be the fault of those big, bad, greedy insurance companies who, *gasp*, want to turn a profit and stay in business. How dare they!
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