One of the troubling things about Senator McCain's proposals to reform the way healthcare is delivered and financed in this country is his promotion of individual health insurance policies. To be blunt, the idea that competition in the insurance market will be effective in providing access to cheaper health insurance for anyone other than healthy young people is just plain foolishness. Any honest person who understands how insurance risk pooling, cost spreading and underwriting works will tell you that.
If you run across someone who tells you the solution to our problems of coverage for healthcare is to expand the availablity of individual health insurance policies, they are not to be taken seriously. Without fundamental insurance industry reforms, this approach is a non-starter. The first two days of the L.A. Times series help understand why.
- ?I have been awarded Social Security disability benefits. But the insurer of my disability policy has denied my claim. Can the insurer do that?
- ?I already have a lawyer working on my social security disability claim. Can't that lawyer handle my disability insurance claim too?
- ?What issues do you see in life insurance claims?
- Posted on 06/24/2019Family says insurance fails to pay for mental health coverage despite medical necessity
- Posted on 04/24/2006Eliminating Discretionary Clauses in Insurance Policies
- Posted on 12/29/2005Should You Buy Long Term Disability Insurance?