How Insurance Reform Can Affect Healthcare Premiums at Different Levels
Instead of focusing on a complete overhaul of the system we should start with comparatively slight changes could have major effects. One of these areas is insurance reform, which is a viable way to reduce premiums for middle-class earners. Having limited access to different options for private insurance results in certain earners being forced to pay higher premiums. These premiums are usually higher because they help subsidize care for other segments of the population who are in vulnerable positions or lower income brackets. Such groups might include low-income families, disabled people or retirees. If middle-class earners have access to other insurance markets including across state lines. In this way, they can avoid paying for the care of people in these demographics.
While there’s an argument to be made for lowering middle income premiums with insurance reform, such a solution raises fundamental questions.
This leaves the problem of how the people who rely on middle-income subsidies to fund their medical care would access adequate treatment. The answer is for individuals to manage their own healthcare through reasonable lifestyle choices and ensuring the incentives are structured right.
