At its heart, health insurance is a pretty simple business. Instead of running the risk of a medical situation that outstrips your ability to pay for it (and in the healthcare world, that’s a pretty common occurrence), you transfer some or most of that risk to another entity (like Blue Cross).
Blue Cross Healthcare Economist Mike Bertaut is on the road, on the job and around Louisiana. Now is your chance to follow along, as he brings the Straight Talk to you and your fellow Louisianians in our new series of videos.
NOTE FROM MIKE: Lots happening this week with Graham-Cassidy-Heller-Johnson (GCHJ, the other healthcare reform bill I said last week that I’d write about), including the latest that the Senate will not vote on the bill. I’ll be back to give you my take on the entire legislative ups and downs. More to follow!
More than 90 percent of the people who have private health insurance in Louisiana get it because they either: have a job, are retired from a job or are related to someone who has a job.
“Starting today, I’m going to change my life. And I’m going to do it publicly, right out here where you all can see me and keep me honest.”
A few months ago, the U.S. House of Representatives passed the American Healthcare Act (AHCA). The bill next went to the Senate, which created several of its own bills, including the Better Care Reconciliation Act (BCRA). While these bills are not actively being debated as I write this, they are far from dead, as is the “repeal and replace” debate, which still rages.
