Most pundits have said the loss of the individual mandate to buy insurance would essentially kill the Affordable Care Act and they aren’t far off from the truth. If this does happen some of the more popular provisions of the bill cannot function and would also have to be removed. Consequently, insurance companies could deny you coverage based on preexisting conditions and they could drop you if you get sick. Not ideal. What’s the answer? Require homeowners to get health insurance. I know it sounds simple and just as bad tasting as the universal mandate. Keep in mind, I’m not a big fan of the mandate, but I do believe the benefits outweigh the negatives. That being said, the individual mandate’s chances in court are slim. There needs to be a backup plan. Here is how requiring homeowners to buy insurance would provide the same amount of coverage and incentive as the universal mandate while holding up better in SCOTUS.
In order to see how homeowner health insurance can fix this we first need to ask ourselves who would choose not to get insurance if they weren’t forced to by the universal mandate. Then we have to ask ourselves how closely do homeowners match up to that demographic. View full article »
