My Insurance Haven Everything you want to know about insurance

How would health insurance businesses be able to stay viable if the Senate bill is passed?

Question by johma513: How would health insurance businesses be able to stay viable if the Senate bill is passed?
As I understand it, the bill forces all Americans to have health insurance. However, I think that the fine for having no health insurance is around $ 750. But after the year 2014, health insurance companies will not be able to turn customers away for preexisting conditions. Why wouldnt someone pay the fine or buy low end coverage until they got ill and supplement the coverage or buy an extensive plan?

Best answer:

Answer by danrathersatitagain
In the end, hundreds of thousands of current insurance company employees will be looking for work.

Give your answer to this question below!