Most important point about why government has to impose a minimum coverage sandard

In Debate on Health, It’s Coverage vs. Cost

The chairman of the Finance Committee, Senator Max Baucus, Democrat of Montana, said he was trying to “strike a balance between affordability and proper coverage.”

If the government does not set minimum coverage levels, he said, insurers will continue to offer low-value policies that leave consumers exposed to exorbitant costs and the risk of bankruptcy.

Such policies amount to “pseudo coverage,” Mr. Baucus said.

The illusion of coverage---ends up costing taxpayers....

Posted via email from Jim Nichols