BCBS is lobbying intensively for a law that allows it keep its status of a tax-exempt "insurer of last resort" while also imposing assessments on private insurers to pay for a "high risk pool" that does the same thing. All states have either an "insurer of last resort" or a "high risk pool," but no state has both. Derek Melot in the Lansing State Journal suggests that the solution is to "privatize" BCBS by removing their tax exemption and leveling the playing field. Presumably Michigan would then adopt the high risk pool model. What do you think? Do you believe BCBS claims that they are losing money? Where should the burden of proof lie for that?
Dec 08 2008, 11:40 PM