Sunday, March 14, 2010

DEMS add mandates and increase hlth care ins costs

HB1021 by Sen. Joyce Foster D-Denver and Sen. Betty Boyd D-Lakewood
Status: awaiting final Senate vote before signing by Governor

By mandating insurance companies to cover reproductive services and contraception in all small group and individual plans, Democrats are effectively making coverage more expensive for everyone.

Mandates require insurers to pay for reproductive care consumers previously funded out of their own pocket.

Another consequence of increasing price is that healthy individuals, often young people with low salaries, drop coverage. Ironically, those are the exact people the system needs to offset the cost of covering people who are not healthy. This creates a downward spiral in which costs increase further and fewer individuals are covered.

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