Tuesday, September 21, 2010

The law of unintended consequences strikes again....

Thanks Barry, Harry and Nancy.........

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 companies will continue to cover children who already have child-only policies. They will also accept children with preexisting conditions in new family policies.

Nonetheless, supporters of the new health-care law complain that the change amounts to an end run around one of the most prized consumer protections.

"We're just days away from a new era when insurance companies must stop denying coverage to kids just because they are sick, and now some of the biggest changed their minds," Ethan Rome, executive director of Health Care for America Now, an advocacy group, said in a statement. "[It] is immoral, and to blame their appalling behavior on the new law is patently dishonest."

Three insurers - WellPoint, Cigna and CoventryOne - all cited uncertainty in the health insurance market for their decisions. That incertitude and the resulting decision of other insurers to drop their child-only plans, according to WellPoint spokeswoman Kristin Binns, "has created an unlevel competitive environment."

Now the lefties will blame the insurance companies for dropping coverage based on their stupid laws.

More......

1 comment:

Anonymous said...

Giving "insurance" to people who are already sick is not insurance. It's really just a form or welfare. Insurance and welfare are two different businesses. It's the same as offering a loan to someone who can't pay it back. Again...not a loan...welfare.

It's as much responsibility of wellpoint to pay welfare as it is for say P&G or Exxon. Libs see a pile of money with a health insurance label on it and assume it must be spent on their predetermined immediate pet political football game which usually involves free handouts.