Wednesday, March 21, 2012

Health Insurers: We’ll Deny Coverage For Pre-Existing Conditions If Health Mandate Is Repealed

http://thinkprogress.org/health/2012/03/19/447157/health-insurers-well-deny-coverage-for-pre-existing-conditions-if-health-mandate-is-repealed/

By Guest Blogger posted from ThinkProgress Health on Mar 19, 2012 at 8:00 pm

Health insurers and supporters of the Obama administration’s health-care reform law are currently in the midst of drawing up possible contingency plans in case the Supreme Court overturns the Affordable Care Act’s individual mandate.

The insurance industry argues that premiums are likely to skyrocket without the individual mandate in place to aid in pushing millions of new enrollees into the marketplace, as healthy people will be less likely to buy insurance, while insurers will still be required to sell policies to all applicants. In fact, a repeal of the individual mandate would increase insurance premiums by 25 percent, according to a study released by the Robert Wood Johnson Foundation.

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