In the Health and Human Services Committee, we have heard a few different insurance plans that would be cheaper and less comprehensive alternatives to the Affordable Care Act (ACA).
With SB1107, healthcare moves into the gig economy. SB1107 covers direct primary care agreements, a non-insurance alternative to the ACA. In Arizona, people are already allowed to make one-on-one contracts with a healthcare provider for certain services for a designated mount of money per month.
This bill clarifies existing law and says that these contracts are not insurance and, therefore, not regulated by the Arizona Department of insurance. It also says that you can have contracts with doctors, physicians assistants, nurse practitioners, nurses, dentists, and physical therapists.
If you take this to it’s illogical extreme, you could have multiple contracts with different providers for different menus of services. Unless you are really good at contract law, you could end up having several contracts, paying monthly bills to each of these providers and still not getting the care that you need. Since these plans are not insurance, you would not be able to take your complaints to a bureaucrat at an insurance company or at the Department of Insurance.
Direct current primary care agreements are supposed to fill a niche in the healthcare market. The ACA is too expensive, particularly for sole proprietors. These are business people who are their business. Professional people, consultants, artists and musicians could all be sole proprietors.
In the Health and Human Services Committee on Thursday, Feb 14, we are hearing a long list of bills including two about health insurance.
HB2375 would extend short-duration insurance to three years. This insurance is currently capped at one year because it is seen as a stop-gap measure for people who are between jobs or disconnected from insurance for some reason.
HB2376 relates to association health care plans for small businesses and sole proprietors. This bill allows them to band together and buy insurance as a group. A concern with this idea is regarding the quality of insurance that will be purchased and how that will impact workers who will be included under these plan.
Will association health plans cover essential health benefits, like the Affordable Care Act does? Will they cover people with pre-existing conditions? Will they have lifetime insurance caps? Will coverage be determined by the employer’s “deeply held religious beliefs”?
These association health insurance plans will NOT be regulated by the Arizona Department of Insurance. I fear that this will be Wild West Health Insurance, which will be cheap but not comprehensive.
We still have a problem in this country with medical bankruptcy. People buy the insurance they can afford, rather than the insurance they need. Cheap plans don’t offer full coverage and can leave patients in dire financial straits.
On the macro-economic level, these plans could lure people out of the Healthcare Marketplace and weaken the system.
If you are on Request to Speak at the AZLeg website, please offer an opinion on 2375 and 2376.
Progressive candidates across the country are challenging the status quo. I was honored to be interviewed for the “It’s Our Money with Ellen Brown” progressive talk radio show this week.
You can hear the hour-long podcast here. During the first segment, public banking guru Ellen Brown interviews Tim Canova, a law professor and Federal Reserve Bank expert, who is running against embattled Congresswoman and DNC Chair Debbie Wasserman-Schultz in Southern Florida.
The cornerstone of my economic reform ideas is establishment of public banking at the state, county, and/or municipal levels.
In a nutshell, public banking advocates believe that austerity is a lie and that budget-cutting and layoffs by governments is unnecessary and harmful to citizens. There is plenty of money. The problem is that our taxpayer funds are held in too-big-to-fail banks on Wall Street and invested for the benefit of the banks’ shareholders– instead of being held here in Arizona and invested for the benefit of the citizens of Arizona. Public banks invest on Main Street for the public good — rather than allowing OUR MONEY to be gambled (and potentially lost… again) on Wall Street.
There are many ways a public bank could be constituted. For example, in my speech to the LD9 precinct committee members, I suggested taking 10% of the state’s surplus rainy day funds and using that to establish an infrastructure bank. This state bank could self-fund much needed improvements and new roads to make the state more competitive and easier to traverse. It also could lend money to counties and cities to build their projects. In turn, the state would make a modest interest rate on the loans.
Creation of a state public infrastructure bank would address several economic problems in one fell swoop…