Tuesday, September 21, 2010

ObamaCare threatens child-only insurance

The Washington Post reports (via Instapundit):
Some of the country's most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.
The reasons for this are, of course, the perverse incentives created by Obamacare:
Robert Zirkelbach, a spokesman for AHIP, noted that insurers will be accepting children with preexisting conditions in other types of plans.

But, he said, extending such coverage in child-only policies "provides a very powerful incentive for a parent to wait until their child becomes very sick before purchasing coverage." [Emph. added]

RELATED:  Under Massachusetts' version of Obamacare, emergency room visits have increased.

PREVIOUSLY on the subject of ObamaCare:
Medical insurance prices rising due to ObamaCare
Obamacare endangers student health
Obama's health care and economic policies explained
Obamacare may raise insurance costs by 54%
Harvard economist explains why Obamacare will raise premiums
HHS says Obamacare will cause costs to go up and cause employers to drop coverage

No comments:

Clicky Web Analytics