My current job lends itself to substantial visibility into any congressional activity pertaining to health care. I see weekly summaries listing all medically related bills. The irrational nonsense they try to pull off is remarkable.
This one is especially evil - Section 3 (a-b):
S. 623
SEC. 3. ELIMINATION OF PRE-EXISTING CONDITION EXCLUSIONS UNDER GROUP HEALTH PLANS.
(a) Application Under the Employee Retirement Income Security Act of 1974-
(1) ELIMINATION OF PRE-EXISTING CONDITION EXCLUSIONS- Section 701 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1181) is amended–
(A) by amending the heading to read as follows: ‘elimination of pre-existing condition exclusions’;
(B) by amending subsection (a) to read as follows:
(a) In General- A group health plan, and a health insurance issuer offering group health insurance coverage, with respect to a participant or beneficiary–
‘(1) may not impose any pre-existing condition exclusion; and
‘(2) in the case of a group health plan that offers medical care through health insurance coverage offered by a health maintenance organization, may not provide for an affiliation period with respect to coverage through the organization.’;
(C) in subsection (b), by striking paragraph (3) and inserting the following:
‘(3) AFFILIATION PERIOD- The term ‘affiliation period’ means a period which, under the terms of the health insurance coverage offered by the health maintenance organization, must expire before the health insurance coverage becomes effective.’;
(D) by striking subsections (c), (d), (e), and (g); and
(E) by redesignating subsection (f) (relating to special enrollment periods) as subsection (c).
(2) CLERICAL AMENDMENT- The item in the table of contents of such Act relating to section 701 is amended to read as follows:
‘Sec. 701. Elimination of pre-existing condition exclusions.’.
How compassionate! They want to to remove pre-existing condition exclusions for group insurance policies. Essentially, insurance companies will be required to cover you regardless of your health. If an insurer is required by force to cover any patient, they are essentially required to provide coverage that might be a guaranteed loss. Of course, they can’t operate at a loss, so they have to recoup the losses from some other avenue. That avenue is the other policy holders.
Just as the result of mandatory ER coverage increases costs, our insurance premiums will skyrocket if this repulsive bill passes. Of course the rise in costs will be attributed to “greedy” insurance companies and used to justify more regulation - typical regulatory recursion, i.e., controls breed controls.
Statists never quit and they’re attacking from every possible angle - a relentless army of irrationality. The attack in the field of medicine is especially deadly. FIRM is the organization offering the only rational mindset that will save American medicine from stagnant rot.
UPDATE: Apparently Insurance companies have see this mandate as inevitable and opted to leverage the statist force as an opportunity to cash-in. Such is the tactic of our valiant mixed-economy barons.