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View Diary: Weiner: AHIP Justifies the Public Option (178 comments)

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  •  This should NOT be celebrated (1+ / 0-)
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    jim bow

    I get why the desire to celebrate this, but the AHIP report is utter bullshit, and the premium raises in them are based on bullshit assumptions.

    It may be a convenient foil for Weiner to make his argument, but his argument only holds water if the essential idea of the AHIP report is true - and it's not.

    I'm shocked to learn that 1 in 12 Americans do not know that the bird, is in fact, that word.

    by dansac on Mon Oct 12, 2009 at 03:52:05 PM PDT

    [ Parent ]

    •  But AHIP is correct ... (2+ / 0-)
      Recommended by:
      chuck utzman, pragprogress

      ... about a few things (and I don't mean to undercut you):

      Premiums in the individual insurance market will increase because of the minimum benefits package being far more generous than what the average plan in the individual insurance market is.  But I wouldn't call it a bad thing that now people have to buy a greater level of financial protection.

      The age-modified community rating will force premiums for younger people to rise significantly -- unless the rating is 5:1 or greater.  But that would make health insurance unaffordable for older adults.  Still, to me this is a good thing that individual insurance is now affordable to everyone rather just young people.

      Most important, without a sufficient individual mandate penalty, Joe & Jane Q. policyholder, who responsibly purchase health insurance each year, will be punished in the form of higher premiums because Hank Healthy irresponsibly decides not to purchase health insurance, and wait until he gets sick to purchase it.

      On all those things, AHIP is right.  There's no question increasing mandated benefits and having a community rating rather than taxpayer funded high-risk pools will increase premiums.  But that doesn't mean the higher premiums that result from the community rating and the mandated benefit packages aren't worth the cost -- those provisions will help prevent medical bankruptcy, and bend the moral arc of the universe a little more towards justice.  Which is what I thought the goal of the bill was.

      jim bow, ASA, MAAA

      by jim bow on Mon Oct 12, 2009 at 04:11:42 PM PDT

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    •  But I agree (0+ / 0-)

      AHIP made bullshit assumptions on the excise tax.  People are going to either (1) get less for what they currently pay for health insurance, or (2) pay more for what they currently get.  Which is how you lower health care costs.  AHIP just assumed only (2) would happen, which is b.s.

      The excise tax on high-end plans and the MedPAC provisions are clearly the biggest strength of the Finance bill as they will bend the cost curve the right way -- something the House bill lacks.

      jim bow, ASA, MAAA

      by jim bow on Mon Oct 12, 2009 at 04:14:20 PM PDT

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    •  We Need The Public Option (0+ / 0-)

      Maybe the report is phony but insurance companies raising rates is'nt they been doing it for years why should they stop now.

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