Tuesday, March 30, 2010

The new healthcare bill

Good news is already happening with the healthcare bill, as insurers are now agreeing to cover children with preexisting conditions. It's hard to believe denying them such coverage was legal before.

Prices will likely increase because of the bill. I'm not too familiar with the legislation, but mark my words: unless there is very close antitrust regulation and monitoring of pricing, insurers will gauge customers, because of either explicit collusion or the inability of customers to easily change insurers. Such collusion and resulting high prices would be an undeserved ticket for republicans to shout, "I told you so!"

I've heard about a marketplace for insurance contracts -- that might be one place to avoid collusion and unnecessary gauging; but it will need to happen very soon for the public to not regret passage of the legislation.

1 comment:

玉鳳 said...
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