tag:blogger.com,1999:blog-2938311055760665357.post9100680222954707722..comments2024-03-27T03:49:12.592-07:00Comments on Ed Dolan's Econ Blog: Building Bipartisan Healthcare Reform with Conservative BricksEd Dolanhttp://www.blogger.com/profile/08757995049056872214noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2938311055760665357.post-75254197202952500382017-09-03T12:10:29.860-07:002017-09-03T12:10:29.860-07:00Yes, reinsurance is definitely one option. Thanks ...Yes, reinsurance is definitely one option. Thanks for the link--I had not seen the details of that one. In theory, a reinsurance scheme could be designed to closely resemble UCC plus private supplementary policies.<br /><br />BTW, watch the NYT for an Op-Ed on UCC by yours truly, schedule for publication this next week (if something more urgent doesn't bump it).Ed Dolanhttps://www.blogger.com/profile/08757995049056872214noreply@blogger.comtag:blogger.com,1999:blog-2938311055760665357.post-28041969644920349842017-09-03T07:00:52.843-07:002017-09-03T07:00:52.843-07:00Ed, I'm the anonymous commenter who was challe...Ed, I'm the anonymous commenter who was challenging you on UCC. Here's an interesting story today from The NY Times about reinsurance in Minnesota. https://mobile.nytimes.com/2017/09/02/us/politics/minnesota-health-care-reinsurance.html<br /><br />It doesn't do a good job of describing the actual program, but this appears to effectively create a UCC system. It seems like the state government is providing insurance to the insurers for excessive claims. I mean, that's what reinsurance is in general. But what it means in healthcare is that consumers buy normal plans, but the state ends up handling catastrophic costs rather than the insurance companies. The article indicates that it passed the Minnesota legislature with large numbers of Republican votes. I like this solution, because it still provides preventative care for people with chronic diseases rather than simply throwing them to the wolves. In any case, the article also states that it is helping to hold down rate increases. <br /><br />Of course, there was a reinsurance program in the ACA that was weakened. Google Marco Rubio and risk corridors. The risk corridor provision of the ACA maybe wasn't strong enough, but removing it also really weakened the ACA. Rubio's argument on risk corridors was that it was a "bailout" for insurance companies. If people want this sort of thing, we have to give up that sort of language. <br /><br />In any case, what do you think of adding reinsurance back into the system in order to take catastrophic claims out of the hands of insurance companies?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2938311055760665357.post-58004439905713635512017-08-24T13:49:30.903-07:002017-08-24T13:49:30.903-07:00Well, politics aside (you may have a point), do an...Well, politics aside (you may have a point), do any of these ideas make policy sense to you?Ed Dolanhttps://www.blogger.com/profile/08757995049056872214noreply@blogger.comtag:blogger.com,1999:blog-2938311055760665357.post-43993517997569678892017-08-24T13:45:02.994-07:002017-08-24T13:45:02.994-07:00That seems really doubtful given the plans attempt...That seems really doubtful given the plans attempted and rejected. I don't think there are enough moderates to pass anything, certainly not under majority of majority rule. Lordhttps://www.blogger.com/profile/06747994571555237739noreply@blogger.com