Quote:
Originally Posted by JourneyOfLife
It will be interesting to see how it plays out.
If that classification was just a declaration by some state regulator, I doubt that will stand. Especially if it begins to spread. I would expect the industry to challenge it.
The government, health care industry, and insurance companies are all lined up on reducing cost.
Proactive health management is getting a lot of attention as a way to reduce cost... as opposed to relying too much on disease management and chronic therapies.
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Firstly, this board chairman is not "just a state regulator". District of Columbia is not a state.
Secondly, this board chairman and the board are referred to as "czars", which means they are not elected by constituents. They are
appointed (hence the term "czars").
Thirdly, we'd better darn well hope that private health insurers are not driven out of business by making them spend more in claims than they can take in in premiums (as they are being forced to assume all the risks/costs of everybody having pre-existing conditions which means they are costlier insureds), because somebody needs to "challenge" the policies made by all these UNELECTED boards and board members!!
District of Columbia
Health Benefit Exchange Authority Executive Board Members Biographies