Recently, a major insurance company pulled out of the county, leaving a very large number of its past members scrambling to find future medical coverage.
My question is, if such a company has gained profits from its membership in the county for a large number of years, who were at age”s that their overall health did not tax their need or use of that companies coverage, was its action to leave the county, either fair or legal.
We all know that this countries population of folks ready to retire is about to sky rocket, plus the fact that the lake is a place that will see a far greater share of retires moving too, in this state, and there use of medical insurance will also leap.
For a company to be allowed to pull out of covering so many, after happily taking millions in payments, for both individuals and local government budgets, by playing the odds of levels of use, is a crime and those members effected should look to a class action type of suit, to keep the playing field level as most members would fairly expect if they made there payments on time, to have coverage until they passed away.
To be a senior citizen, or government employee, both working and retired, and have your medical insurance yanked away from you, thru no fault of your own, but, by the fact that this companies profits may be lesson, due to the aging of America, is not an issue that should be allowed with out a fight.
Our government forces, by law, for us to carry insurance, and thus, should make sure that in doing so, that we receive protection from a company doing what it just did. I think all of us who pay for insurance, expect coverage to give us, as long as we make the agreed upon payments.
For those who lost coverage, they face finding new insurance, that will be far more costly, and will not cover pre-existing medical problems and costs. Is this the way we ? as a nation ? want to treat our seniors, who in time, we all will join? I say not.
Jim Hall
Clearlake Oaks
