4 ms·

No, the moment you are diagnosed with a chronic or life threatening disease, your premiums no longer cover the medical cost. Otherwise what is the point of insu

by harikb 7y ago

No, the moment you are diagnosed with a chronic or life threatening disease, your premiums no longer cover the medical cost. Otherwise what is the point of insurance. Moreover, many regulations prevent them from raising future premiums. So kicking you off the insurance plan or letting you die is indeed their primary concern

jonny_eh 7y ago
A better way to put it is that health insurers don't want you to get "sick". So anything to prevent that is usually money well spent. That's why vaccines are so easy to get.
lotsofpulp 7y ago
This is incorrect. How can they kick you off the insurance plan? Also, the ACA has provisions to prevent one insurer from having to shoulder the costliest patients via some form of cost sharing with all the others. https://www.cms.gov/CCIIO/Programs-and-Initiatives/Premium-Stabilization-Programs/index https://www.cms.gov/CCIIO/Programs-and-Initiatives/Premium-S...
- dzdt 7y ago
  > How can they kick you off the insurance plan? They can investigate whether you failed to report any preexisting conditions, or otherwise violated terms of your insurance. Things that would seem to you to be a technicality may be to their lawyers a breach of contract. Do you have a lawyer who is up for that fight? [1] https://www.justice.org/sites/default/files/file-uploads/InsuranceTactics.pdf&ved=2ahUKEwiBhuX28-nmAhUJa80KHVJZDBsQFjAAegQIARAB&usg=AOvVaw1_XJotX5w4-MII4YXJR3yY https://www.justice.org/sites/default/files/file-uploads/Ins...
  - lotsofpulp 7y ago
    ACA, since 2010, made it so health insurance companies cannot discriminate for pre existing conditions. If you notice, when you search for insurance quotes on healthcare.gov, it only asks you for age, location, and smoking status. And gender, but I don’t think gender can be used to price the insurance any differently. It boggles my mind that people keep bringing up pre existing conditions a decade after they have ceased to be a thing. Also, your link doesn’t work. https://www.healthcare.gov/coverage/pre-existing-conditions/ https://www.healthcare.gov/coverage/pre-existing-conditions/
Certhas 7y ago
Which is why health care shouldn't be organized through markets.

by harikb 7y ago

jonny_eh 7y ago

A better way to put it is that health insurers don't want you to get "sick". So anything to prevent that is usually money well spent. That's why vaccines are so easy to get.

lotsofpulp 7y ago

This is incorrect. How can they kick you off the insurance plan? Also, the ACA has provisions to prevent one insurer from having to shoulder the costliest patients via some form of cost sharing with all the others. https://www.cms.gov/CCIIO/Programs-and-Initiatives/Premium-Stabilization-Programs/index https://www.cms.gov/CCIIO/Programs-and-Initiatives/Premium-S...

dzdt 7y ago
> How can they kick you off the insurance plan? They can investigate whether you failed to report any preexisting conditions, or otherwise violated terms of your insurance. Things that would seem to you to be a technicality may be to their lawyers a breach of contract. Do you have a lawyer who is up for that fight? [1] https://www.justice.org/sites/default/files/file-uploads/InsuranceTactics.pdf&ved=2ahUKEwiBhuX28-nmAhUJa80KHVJZDBsQFjAAegQIARAB&usg=AOvVaw1_XJotX5w4-MII4YXJR3yY https://www.justice.org/sites/default/files/file-uploads/Ins...
- lotsofpulp 7y ago
  ACA, since 2010, made it so health insurance companies cannot discriminate for pre existing conditions. If you notice, when you search for insurance quotes on healthcare.gov, it only asks you for age, location, and smoking status. And gender, but I don’t think gender can be used to price the insurance any differently. It boggles my mind that people keep bringing up pre existing conditions a decade after they have ceased to be a thing. Also, your link doesn’t work. https://www.healthcare.gov/coverage/pre-existing-conditions/ https://www.healthcare.gov/coverage/pre-existing-conditions/

Certhas 7y ago

Which is why health care shouldn't be organized through markets.