NY Senate Bill S5474 proposing a universal single payer health plan for NYers

Re:NY Senate Bill S5474 proposing a universal single payer h... by lettergram on Monday May 09, 2022 @05:02PM (#31319698)

Probably because your company can negotiate and control the population characteristics (unlike the exchange). Or is self-insured, meaning they aren’t profit motivated.

Insurance on average is always more expensive than not having insurance on average. The question is given that risk, how much of a premium can / will insurance companies take. Turns out they like high profits and low risk.

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Re:NY Senate Bill S5474 proposing a universal single payer h... by akomtu on Monday May 09, 2022 @05:12PM (#31319822)

Are health insurance companies allowed to discriminate customers by their health status, that includes age? With a good deal of populace morbidly obese and not even bothering to exercise, it's expected that healthy 25 yo are going to pay crazy insurance payments. Corps, on the other hand, absolutely do discriminate by all sorts of characteristics and insurers know what they are signing up for. Offer health insurance tiers by age and BMI and watch premiums getting reasonable again (for some).

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Re:NY Senate Bill S5474 proposing a universal single payer h... by lotsofpulp on Monday May 09, 2022 @05:20PM (#31319908)

No. Per the Affordable Care Act, since 2010 health insurance companies can only price insurance based on age, smoking status, and location. And they must offer insurance to all.

https://www.healthcare.gov/how-plans-set-your-premiums/

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Re:NY Senate Bill S5474 proposing a universal single payer h... by DaveExeter on Monday May 09, 2022 @06:08PM (#31320460)

> Offer health insurance tiers by age and BMI and watch premiums getting reasonable again

That's not the way health insurance works. The way it works it that the young and healthy are overcharged and that overcharge is given to the old and unhealthy.

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