Don't Deny It CA, You ARE a Communist State! LATimes: CA seeks Limits on Small-Biz Self-Insurance!Submitted by AnCapMercenary on Fri, 03/23/2012 - 18:25
solely to pave way for Obama'Care.'
God forbid 'grownups' opt out dictates of govt supposedly formed fictitiously by 'the consent of the governed.'
Thanks Lew & Mike
March 23, 2012
California Seeks To Repress Self-Insurance
Posted by Michael S. Rozeff on March 23, 2012 11:53 AM
California insurance regulators want to stop the growth of self-insuring health care plans among smaller businesses. Yes, they want to stop this free market growth. Why? Because they want socialized (forced) medicine in which those who are better risks pay for those who are worse risks. Is it any wonder America is in deep trouble, following in the footsteps of the European bureaucratic social welfare states with high unemployment buried under unmanageable debts?
Each of us has a large impact on our own health by our life style choices, and these choices are not insensitive to price. The proponents of socialized medicine do not understand this important reality. They think that Nature deals out low blows to all those in ill health, and they think that everyone has a "right" to medical care. This mythical (nonexistent) "right" they want to be paid for by eradicating one's personal rights to one's own life, one's own liberty and one's own property.
If those who take better care of themselves must subsidize those who take worse care of themselves, the result is that fewer people take better care of themselves (since they are taxed relative to a free market solution) and more people take worse care of themselves (since they are subsidized relative to a free market solution). Socialized medicine produces worse health in the population.
Original Los Angeles Times Article:
California seeks limits on small-business self-insurance trend
Critics say health insurers offering new type of self-insurance for firms with as few as 25 workers are gaming the system and may undermine a key goal of the federal Affordable Care Act. Insurance
Commissioner COMMISSAR Dave Jones will unveil proposed legislation that would bar insurers from selling stop-loss policies below a certain amount.
By Chad Terhune, Los Angeles Times
March 23, 2012, 8:23 a.m.
Sensing a fresh threat to state and federal healthcare reforms, California insurance officials are seeking new limits on a controversial form of health coverage insurers are selling to small employers.
At issue is a new type of self-insurance for small businesses with as few as 25 workers.
Critics said insurers such as Cigna Corp.are using these new plans to game the system and cherry-pick companies with healthier workers. They said this could undermine a key goal of the federal Affordable Care Act to lower premiums by pooling together more healthy and sick Americans into insurance exchanges. Premiums could continue to escalate without a diverse pool of consumers. That prospect has federal health officials weighing action against this practice as well.