What good is it to tell insurance companies they can’t exclude people with preexisting conditions?
Question by en tu cabeza: What good is it to tell insurance companies they can’t exclude people with preexisting conditions?
The insurance companies can then just charge as much as they want to people that have expensive preexisting medical conditions. For example you have diabetes, you go to get insurance, the company says sure we would love to insure you for 1000/month. Who can afford that? The government would have to also tell the insurance companies how much they are allowed to charge for it to help any.
Best answer:
Answer by mac
Nothing personal it’s a business. And as the saying goes, “America’s business is business.” Look if the insurance company is going to lose money that would be the result of a dumb business move. By the way many of the big health insurance companies are based in Connecticut, home of US Senator Joe Lieberman, once a Democratic stalwart now an independent, who will cast the deciding vote in the US Senate. The Dems will definitely have 58 votes in the Senate nonetheless they need two more to escape a Republican fillibuster. Joe’s vote counts and the lobbyist from his home state Connecticut are telling him, I’m sure, that it’s a business.
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