Health Care Reform Looks to Create Tighter Age Bands - Do You Know What That Means?

The health reform debate in Washington has beenit does for it's youngest customers. The House bill
confusing and contentious. There are manyeven had only 2 times the amount. Sounds
theories floating around about why that is, but itreasonable, but there is a reason that this is not a
boils down to one central issue. There are nomajor talking point in defending the health reform
easy, everyone wins, answers in addressing thebill. The young and healthy will be paying more.
rising cost in health care. As a result, theIs this the right thing to do? Tough to say, good
American people have been fed a steady diet ofarguments can be made for both sides. Why
concepts that are easy to understand, and halfshould we have our young adults paying more for
truths. Instead of debating the nuances of buildinghealth insurance that they most likely will not even
a better health delivery and payment system, theneed? They have enough financial pressures. Low
choices are "government between you and yourpaying, entry level positions, school loans, and
doctor", or "heartless, greedy insurance companiesmaybe saving up to buy that first car or house.
leaving people to die". Case in point, the conceptAccess to health care is not the only factor in
of requiring all health plans to tighten the agegood health. A young person's limited budget may
bands on insurance premiums.be better spent on fresh vegetables, fruit, or a
Insurance companies set premium rates based ongym membership. No question we all need health
risk. For instance, we all know how expensivecoverage for that "what if", but how much should
auto insurance can be for a 16 year old boy. Putwe expect a young person to spend on insurance
him into a brand new Ford Mustang, the premiumto cover that "what if", when it most likely will be
climbs even higher. As that 16 year old gets older,a "never happened"? As it stands now, we have
holds a clean driving record, the price drops everyyoung people forgoing insurance. Could we actually
year. Health insurance on the individual marketexasperate this problem by driving the cost even
often works the same way, only in reverse.higher?
Young, healthy adults have access to affordableInstead of having the debate though, many in
health insurance, although they will see the costWashington have decided to side step the
go up as they get older.discussion. Supporters of reform try to insinuate
Some States already have limits on how muchthat the higher premium charged for those in their
premiums can increase, although most States do50's is pure profit for insurance companies, and
not. Even if there is never a significant claimopponents of reform don't want to acknowledge
against a health insurance policy, the premiumthe fact that many older Americans are simply
could increase to five times the initial amount justgetting priced out of coverage. Neither one of
based on increasing age. That really rubs a lot ofthese approaches really acknowledges the whole
policy holders the wrong way, and makes buyingtruth.
a policy for an individual in their 50's ratherThe best way to view health reform is to look at
expensive. President Obama spoke to this pointthe merits of the individual pieces. Just think of
when talking about folks who are discouragedthe progress that could have been made in the
from starting a small business, or retiring earlylast year if lawmakers spent their time explaining
because of health care premiums.how the different parts of the legislation actually
How is it fair that an insurance company can pushworked. Instead of having a confused, uncertain
a premium up on a policy holder who has beenelectorate, Washington would have a clear idea of
faithfully paying for years at the very time ofwhat the American people do, and do not support.
their life they may actually need to make a claim?Perhaps lawmakers already do know what
The solution for this in health reform is to tightenAmericans want, and it comes in a perfect silver
the age bands. An insurance company can onlybullet that does not exist. I suspect it will be back
charge it's oldest customers 3 times the amountto the games.