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Fox news = false news

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Author Topic:   Fox news = false news
PaulK
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Message 258 of 313 (723530)
04-03-2014 1:41 PM 		Reply to: Message 257 by AZPaul3
04-03-2014 1:15 PM

Re: Due When? Why?
quote:
Under the old business model I can see that, but this new model requires all people to have some minimum coverage as a matter of law, there are no more "pre-existing" clauses allowed, and the carriers are required by law to take on all comers, so this reason seems moot
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I think you mean "more important than ever for the insurers". With no restriction on pre-existing conditions, and guaranteed insurance there is less incentive for customers to sign up BEFORE needing treatment. The suppliers are in the insurance business, not charities doling out money for medical care.
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 Message 257 by AZPaul3, posted 04-03-2014 1:15 PM AZPaul3 has replied
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 Message 259 by AZPaul3, posted 04-03-2014 1:49 PM PaulK has replied
  
PaulK
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Posts: 17827
Joined: 01-10-2003
Member Rating: 2.3

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Message 261 of 313 (723533)
04-03-2014 1:54 PM 		Reply to: Message 259 by AZPaul3
04-03-2014 1:49 PM

Re: Due When? Why?
quote:
But aren't all required to carry the insurance?
​
Then you should also consider the deadline on that. For the start of the system, and for people entering the system, after that.
​
And doesn't it make sense to tie that into the financial year ?
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