Senate Republicans are mulling over a provision to their healthcare overhaul measure that could bar Americans from purchasing insurance on the individual market for six months if they don’t maintain continuous coverage, Vox reported Saturday.
The provision would address concerns over the bill’s current lack of penalties for those who choose not to purchase insurance, and could be introduced as soon as Monday, according to the report.
The Senate bill prohibits insurers from denying coverage based on pre-existing conditions. But without penalties that would otherwise encourage healthy people to buy insurance, the bill could lead to a system in which only the sickest people purchase coverage, leading to staggering insurance premiums, Vox noted.
Under the Affordable Care Act’s individual mandate, Americans who don’t purchase health insurance are subject to a fine.
This is why the whole damn thing needs to go. I’m sorry, but none of this is sustainable. None of it.
I will say again… I support doctors and hospitals having a “menu” with their prices so you can shop for the best care at the best prices, and I support concierge doctors and hospitals. When government gets involved, it gets too big, too complicated, and more and more people end up getting screwed.