Quote:
Originally Posted by JourneyOfLife
These practices have been going on in the private industry for years. Nothing new... unless of course you are talking about government funded programs!
Besides, it is not a penalty, it is called underwriting and rating. Common procedures in the insurance industry... always has been!!!!
Why shouldn't the government adopt practices that are common in private industry? Would you rather they jack up premium across the board for everyone?
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I am not passing judgement on anyone or anything. I am simply stating that this companies actions will not stand alone. I might add that the law if you read it makes punishment instead of incentive the action word.
If you read todays NYTimes, I think this law is not getting to law very easily as the health costs are getting higher and higher
For clarification, as I understand it, CVS employees could gain incentives on their health care in the past and those who did not do what was asked just got NO incentives.
NOW....they will pay......
"A new policy by CVS Pharmacy requires every one of its nearly 200,000 employees who use its health plan to submit their weight, body fat, glucose levels and other vitals or pay a monthly fine.
Employees who agree to this testing will see no change in their health insurance rates, but those who refuse will have to pay an extra $50 per month — or $600 per year — for the company’s health insurance program. All employees have until May 1, 2014, to make an appointment with a doctor and record their vitals.
“The approach they’re taking is based on the assumption that somehow these people need a whip, they need to be penalized in order to make themselves healthy,” Patient Privacy Rights founder Dr. Deborah Peel said."
http://abcnews.go.com/blogs/health/2...ll-pay-a-fine/
Critics are calling the policy coercion, and worrying that CVS or any other company might start firing sick workers."
My only point was that this company is not alone in changing the landscape and quickly as the law will force them to punish instead of reward and that the law, if you read it unlike those who passed it, you will find a number of changes on the horizon for everyone !
NO JUDGEMENT...JUST STATING FACTS that save the surprise on what CVS is doing for maybe the other costly items to come !!!
Again, not passing judgement ...simply calling to attention that lots of tentacles to this act that most have no read and will not until it hits them int he pocket book or some other way