Insurers Ease Stance on Pre-Existing Conditions
Read the article from The New York Times to learn about how the health insurance industry will end it’s past policies of charging higher premiums to people with pre-existing conditions if the federal government provided a comprehensive healthcare plan to all Americans.
The industry’s flexible position on the issue came as a surprise to lawmakers, and could make it easier to reach an agreement in Congress because it narrows the issues on which insurers are ready to fight the Democrats who control Congress and the White House.
Insurers said they were still staunchly opposed to creation of a new government-run health insurance plan, which, under many Democratic proposals, would compete directly with private insurers.
In effect, insurers said they were willing to discard an element of their longstanding business model, under which insurance policies are priced, in part, on the basis of a person’s medical condition or history.
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