If this health plan is 'socialism,' we need more of it
As Obamacare's exchanges take shape in California, true, transparent, capitalistic competition will be seen among insurance firms, going toe to toe to win consumers.
By David Lazarus
May 23, 2013, 6:18 p.m.
So this is what socialism looks like: Private companies competing for people's business in an open marketplace.
Californians got their first glimpse Thursday of what insurers plan to charge for coverage to be offered next year to about 5 million state residents who don't receive health insurance from employers.
In southern Los Angeles County, for example, Health Net is charging $242 a month for one of its plans. Blue Shield is charging $287 and Kaiser Permanente $325 for the same coverage.
For the first time, consumers are in a position to make an informed decision about health insurance. They can opt for the lowest-priced plan or they can factor in other considerations, such as personal convenience.
Insurers, meanwhile, are going toe to toe to win customers, keeping prices as low as possible and stepping up quality of service.
Full article
http://www.latimes.com/business/la-fi-lazarus-20130524,0,2342997.column