And for those who would argue that the free market is the best way to supply health insurance to the public let me say this. That concept would be a little more palatable if just making a profit was the goal. But these companies are traded on the stock market and any corporation that has stock holders must show not that it is profitable but that it's profits GROW each year. In other words more and more of the money poured into health care through these companies is dedicated to profits every year, not patient care.
- They will no longer be allowed to drop your coverage because you forgot to tell them about a skin tag that was found on you 5 years ago or other such nonsense
- They can no longer impose life time limits which run out when you are fighting an overwhelming disease or disorder
- They can no longer deny you or your children coverage because of a pre-existing condition.
- Insurance companies will be required to spend a preset amount of their premium incomes (80-85%) on providing health care to their beneficiaries.
- Will require coverage of prevention and wellness benefits and exempt these benefits from deductibles and other cost sharing requirements in public and private insurance coverage.