Don't rely on the "kindness of strangers" as a substitute for life and health insurance.
Image by Isabella Carabella at Huffington Post
Rising support for socialism in the United States comes at a time when politicians like Sen. Bernie Sanders, I-Vt., promise a great many “free” services, to be provided or guaranteed by the government.
Supporters often point to nations with large social programs, such as Canada, the United Kingdom, and the Scandinavian states, particularly when it comes to health care.
Never mind that these are not true socialist countries, but highly taxed market economies with large welfare states. That aside, they do offer a government-guaranteed health service that many in America wish to emulate.
The problem for their argument is that, despite these extremely generous programs, some of these countries are seeing steady a growth of private health insurance.
“Medicare for All,” the prominent socialized medicine proposal in the United States, is most similar to the Canadian system in which providers bill the regional office administering the program.
In Medicare for All, there would be no cost-sharing schemes and all coverage would be comprehensive, including prescription drugs, dental, vision, and other services deemed necessary by the secretary of health and human services.
Tens of thousands of consumers still making monthly payments for "practically worthless" health insurance plans purchased from a shuttered Hollywood-based agency will be allowed to cancel those plans, a federal judge has ordered.
Thursday's ruling by U.S. District Judge Darrin P. Gayles marks the latest courtroom defeat in Steven J. Dorfman's fight to prevent the Federal Trade Commission from permanently closing his company, Simple Health Plans LLC, and distributing its remaining assets to victims of what the FTC calls a sophisticated scam.
Dorfman's customers will be contacted within days by the distributor of their plans, Health Insurance Innovations, and given the option to cancel and cease incurring monthly charges. They will not be given refunds for payments made prior to Thursday's ruling.
Simple Health Plans and numerous affiliated companies have been shut down since Oct. 31, when the FTC secured a temporary restraining order and froze its assets.
The FTC is accusing Dorfman of masterminding a scheme to fool uninsured consumers into thinking they were buying comprehensive health insurance that covered preexisting conditions and complied with the Affordable Care Act.
Keep reading at Insurance News Net....
President Trump’s attempt to transform American health insurance is almost complete.Twenty months ago, frustrated after attempts to repeal Obamacare fell apart in the Republican-controlled Senate, Trump pledged to use executive power to do what Congress failed to legislate. An executive order set in motion regulations to promote “health care choice and competition across the United States.”
On Thursday, the administration finished the last of three rules to do just that — advancing conservative policies without undoing the central framework established by the ACA.
Together, the changes have loosened Obama-era restrictions on short-term health plans that don’t meet the Affordable Care Act’s standards. They’ve permitted small employers to join together to buy lightly regulated coverage called association health plans. And the rule published this week gives employers, particularly small businesses, more flexibility to steer tax-exempt dollars to employees for health care.
The administrative actions are far short of repealing or replacing the Affordable Care Act, the law that expanded coverage to about 20 million people. Many of the ACA’s elements remain largely intact, including billions of dollars in subsidies, strict standards for insurance plan design, and rules that protect people with pre-existing medical conditions.
Continue reading at The Trib....
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