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Kiran C
Lv 7
Kiran C asked in Politics & GovernmentPolitics · 4 years ago

Do you know the Senate Republican Health Care will have a negative effect on Employer based insurance?

Update:

Employer based insurance will be affected in three ways.

Update 2:

1) No required maximum out of pocket. Insurnance companies can set an annual maximum payout amount like they did before Obamacare. An infant in the NICU could exceed the annual limit.

Update 3:

Lifetime limits. Before Obamacare insurance companies set a lifetime limit on how much they will spend on someone. If you get cancer, after a time, the insurance money stopped regardless of whether treatment was done or not. This affects 105 million Americans.

Update 4:

3) Medical Loss Ratio. After Obamacare, insurance companies were required to spend at least 80% of premiums on health care or refund the money. If the Senate bill passes, insurance companies can now spend freely on executive pay without worry.

Update 5:

http://vitals.lifehacker.com/how-the-health-care-b...

3 Answers

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  • regerugged
    Lv 7
    4 years ago

    People should buy their own insurance. Employers providing benefits like health insurance goes back to FDR.

  • Curtis 1911
    Lv 7
    4 years ago

    Do you know the Senate Republican Health Care bill has not been voted on and will be changed many times before it is voted on.

    Now unless you have a copy of the current bill and read it yourself, you are relying on 2nd or 3rd hand fake news.

    Now I do hope the employer mandate is effected at least 3 ways.

  • ?
    4 years ago

    Hbrbbr

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