Reading the Tea Leaves of Health Reform

ObamaCare was in part modeled after some states' own health reform measures. What happened there provides striking insight into what the country is in for over the next few years. States like New York, Massachusetts, and Colorado share common reform measures with the new national health reform law and hold keys to understanding what lies ahead.Health insurance reforms have most often been based on a pair of mandates targeting the individual and small group markets. The first is an underwriting method known as "community rating." The second is "guarantee issue." Under these new rules, insurance carriers are forbidden to rate health plans by using actual group demographic and claim experience, known as "experience rating," and are required to take all applicants, regardless of existing health conditions, gender, occupation, or age. The intent is to expand access to insurance by forcing carriers to accept all applicants. The thinking is that by community...(Read Full Article)