E
Elizabeth502
Guest
Hi, Lisa.
I’ve always thought that cafeteria plans are a win/win, because what they do for those operating those plans is create “pools” anyway, given the rates of popularity of certain covered items. A 70-year-old female doesn’t need maternity coverage, and a 22-year-old doesn’t need proximate coverage for Assisted Living/Long-Term In-Home care. However, the 22-year-old may want to enroll in a Health Savings Plan for some eventual needs.
I also continue to believe – and I know this opinion is probably not popular on CAF – that the government does have some role to play in supporting universal catastrophic-only coverage. It is in the national interest to ensure that hospitals do not go bankrupt due to their ethical requirement to save the lives of those uninsured. It is the one area in which I believe some kind of a mandate is appropriate: the individual pays for some kind of hospital insurance, which the government can require companies or instiutions to provide. The pool is the entire country, which minimizes the burden for any individual. And if you already have coverage for that within a general medical plan, there is not an issue, nor need you go to a different plan or a minimal plan.
I’ve always thought that cafeteria plans are a win/win, because what they do for those operating those plans is create “pools” anyway, given the rates of popularity of certain covered items. A 70-year-old female doesn’t need maternity coverage, and a 22-year-old doesn’t need proximate coverage for Assisted Living/Long-Term In-Home care. However, the 22-year-old may want to enroll in a Health Savings Plan for some eventual needs.
I also continue to believe – and I know this opinion is probably not popular on CAF – that the government does have some role to play in supporting universal catastrophic-only coverage. It is in the national interest to ensure that hospitals do not go bankrupt due to their ethical requirement to save the lives of those uninsured. It is the one area in which I believe some kind of a mandate is appropriate: the individual pays for some kind of hospital insurance, which the government can require companies or instiutions to provide. The pool is the entire country, which minimizes the burden for any individual. And if you already have coverage for that within a general medical plan, there is not an issue, nor need you go to a different plan or a minimal plan.