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Public Option's Premiums Would Be Higher
by Don

Huh?

But is that true? Yesterday, in an analysis of House health care legislation, the CBO concluded that the six million people expected to enroll in the public option by 2019 will be paying, on average, higher premiums than will people buying private plans.

"[A] plan paying negotiated rates would attract a broad network of providers but would typically have premiums that are somewhat higher than the average premiums for the private plans in the exchanges," wrote CBO chief Doug Elmendorf.

"The rates the public plan pays to providers would, on average, probably be comparable to the rates paid by private insurers participating in the exchanges. The public plan would have lower administrative costs than those private plans but would probably engage in less management of utilization by its enrollees and attract a less healthy pool of enrollees. (The effects of that "adverse selection" on the public plan's premiums would be only partially offset by the "risk adjustment" procedures that would apply to all plans operating in the exchanges.)"

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Re: Public Option's Premiums Would Be Higher
by roloflex
sounds as though a faggots hemriods takes presidence over a heart operation
and we taxpayers will be forced to pay for those who chose
by redtide
to be lazy and poor
Re: Public Option's Premiums Would Be Higher
by J.MADISON
Don:

Huh?

But is that true? Yesterday, in an analysis of House health care legislation, the CBO concluded that the six million people expected to enroll in the public option by 2019 will be paying, on average, higher premiums than will people buying private plans.

"[A] plan paying negotiated rates would attract a broad network of providers but would typically have premiums that are somewhat higher than the average premiums for the private plans in the exchanges," wrote CBO chief Doug Elmendorf.

"The rates the public plan pays to providers would, on average, probably be comparable to the rates paid by private insurers participating in the exchanges. The public plan would have lower administrative costs than those private plans but would probably engage in less management of utilization by its enrollees and attract a less healthy pool of enrollees. (The effects of that "adverse selection" on the public plan's premiums would be only partially offset by the "risk adjustment" procedures that would apply to all plans operating in the exchanges.)"

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exactly.with the waterd down version of the p.o. and the continued hijinks by the health insurers then yes it would .With a real public option,ie real competition that all free marketeers claim is essential,the cost would sharply lower.but with out a real p.o .who knows?
Not a chance..
by Don
The reason being as stated..those in that pool have higher health risks.Look at the profile of the poor in this country, smokers, obese and many use street drugs.
there is virtually no chance that
by alameda929

my premiums - for family coverage - would be higher under a public option, than in the private market.

Since 1998 my family coverage rate has increased by annual rate of nearly 9% per year. I've had to change coverage 4 times and I have increased deductible and co-payments in order to attempt to mitigate the costs. Pretty much to no avail. And my family does not have a history of serious preconditions or illnesses that require costly medical treatments.

People who say that under a public option the sky will fall, well ... I think the private market has already caused the sky to fall.

If there were 2 famlies in the public option plan
by Don

Yours and a family of smokers, drug usersthat were obese and poor do you think you wouldn't pay more? Those that will be in the public option pool are closer to that second group than you might care to admit.

I will stake anything on the fact that private plans will be cheaper, there is just no way they couldn't be.

Re: Not a chance..
by judy1

Don:
The reason being as stated..those in that pool have higher health risks.Look at the profile of the poor in this country, smokers, obese and many use street drugs.

which is exactly why the PO should be attainable by anyone, and not just the poor, unemployed, and formerly uninsurable. I personally favor my senator's proposed amendment to allow the purchase of a public plan by anyone. This will inject the competitiveness needed to bring premiums down.

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Re: If there were 2 famlies in the public option plan
by roloflex
THE PUBLIC OPTION IS JUST ANOTHER STEP CLOSER TO SINGLE PAYER, YOU DAM FOOLS.
Sorry about the game last week
by Don

as with ours.

I don't believe that...people in general don't trust the government and there won't be a bunch of people flocking to the public option. If you had a choice between going to the state DMV o a private company which would you do? My problem is I see it as a calculated step to single payer and you know what happens then.

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