[quote=SK in CV][quote=bearishgurl]SK, my understanding of the HCRA is that the carriers currently have to accept everyone who applies for an individual policy but can charge premiums according to risk until 2014. My fear is that when 2014 comes they will have to lower the premiums of these high users of health care and charge the rest of us in the same age group accordingly to make up the difference. That will really hurt the healthy boomer set that cannot yet qualify for Medicare![/quote]
Your understanding is not correct.[/quote]
If you’ve read and studied the entire bill, SK, then perhaps you can explain to us here how these carriers are going to recoup the $$ when they can’t charge “Susie the recent cancer survivor” (age 59) or “Joe 6P the walking heart attack” (age 57) $1100 to $1600 a month for a premium anymore and may not deny either of them coverage.
The money to take care of these folks has to come from somewhere.
