This Amendment widens coverage choices
insurance companies can offer. It eliminates the “one big size fits all” and
allows consumers to purchase health insurance that is customized to cover only
the options that they want.
The federal government needs to get out of
the way and let the health insurance companies offer whatever coverage they can
sell. Government should not force cost
shifting from the young and healthy to the old and healthy by law. We need to
leave it to insurance companies to determine cost on utilization. Insurance companies should be able to offer
coverage that was mandated as optional with corresponding charges.
If consumers can get a cheaper catastrophic policy
with a $1 lifetime maximum, they should be able to buy it. They should be able
to keep their children on their policy for a separate charge. Consumers should be
able to buy stop-loss coverage. Other options should include maternity, mental
health and other line items offered for a charge.
Government needs to communicate a planned
reduction in tax subsidies for healthcare in order to lower the costs. Providers have no incentive to reduce costs
as long as government subsidizes healthcare at current levels. We need to
repeal Obamacare and give the insurance companies a chance to function.