(1) Require everyone to have health insurance, with subsidized plans for low-income citizens. (2) Compel insurers to accept anybody who applies for coverage and to charge roughly the same premium for everyone, regardless of health status. (3)...
How fast does the cost of health insurance rise? How fast does it double in cost? Do you know the answer? Once you know the answer to that question, ask yourself, how many people can afford to keep paying more and more for health insurance? Next question, why is health insurance cost rising so fast? What part does medical inflation play on the rising cost of health care and health insurance? What would happen, if you could reduce the medical inflation rate? What would have to happen, for the medical inflation rate to be in line with the overall inflation rate?
What is the best way to make sure that Americans with chronic medical conditions -- those most likely to need costly or frequent health care -- can afford the insurance they need to meet their bills? The conventional answer, reflected in Mitt Romney's 2006 health-care reform law in Massachusetts and the federal overhaul signed by Barack Obama in 2010, contains these ingredients:
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