We’re listening, and we hear you loud and clear!
Because of the overwhelming response to the release of AMAC’s Health Care proposal and the many suggestions received, AMAC has removed the requirements that coverage would be mandated.
In the original proposal, coverage would have been required for individuals who have no coverage and for employee’s eligible for group coverage but were not in the plan. Under the revised proposal, both individuals and employees may elect to opt out of the offered coverage.
According to Dan Weber, president of AMAC,” The reason the coverage would have been mandated was to assure preexisting illnesses would not be excluded.”
He said, “It won’t work if people choose not to pay a premium and when they get sick, buy insurance-and then go to the Hospital and expect insurance to cover their bill. That would be unfair to those who were paying into the plan all along.”
The new proposal would allow a person to sign off agreeing that they are not going to be covered for injuries or illness that occurred prior to the purchase of the policy. A waiting period would be put in place before illness is covered and the rates paid by someone who opted out of joining the plan when eligible would be increased for a period of 10 years after they join the plan.
Weber said, “The final details would have to be worked out with the actuaries but we feel over 95% of those eligible would want to participate. If that happens, we have got a plan that is feasible.”
AMAC also announced that insurance coverage would be allowed to be purchased across state lines, pending the agreement of the various states. Tort reform would be expanded under the new proposal with Attorney’s fees being capped at 15% of any settlement payments.
Click on the chart below to take a look at a comparison between AMAC’s original plan, and the Senate and House bills. The chart does not yet reflect the changes to AMAC’s plan mentioned above.