The original goal of health care reform, once upon a time, was to allow everyone access to 'affordable' health care coverage. Well, as we've seen, rates in the past two years continue to skyrocket and my clients are either downgrading what they have or dropping their coverage.
Last week on Politico.com, David Nather wrote a terrific article that once again outlines why people need to enroll, and why there need to be penalties for late enrollment if people don't join when the initial opportunity arises. If you allow people to enroll in a plan whenever they want, human nature being what it is, they will purchase coverage when they need something taken care of. When you go to purchase coverage when you know you need care, what you need is financing and insurance companies don't sell financing. Insurance companies offer coverage in case something happens, and since you never know 'when' that will be, or how big a hit, they need to watch where their dollars are going, or not, too.
The scariest part about health care reform is we are now about 11 1/2 months away from the 'miracle' of guaranteed issue coverage, regardless of pre-existing conditions. Problem is, so much of this has not been established yet. So we're headed off into the great unknown, and just hoping that one way or another, it all works out.