In article 
,
 lizardgirl  wrote:

>
> 
> not sure what this would do except generate a heck of a lot of money
> in a relatively short period of time, especially if collected as a
> premium add on.  which i guess is the point. ;^)  were would this
> money sit, what would it be doing while it sat there, 'who' would act
> as administrator, and on what terms and conditions?
   don't think it would sit all that long, if done in actuarially sound 
manner.  The administrator could probably Center for Mcare Mcaid 
Services. It is already in place, does basically the same thing now, has 
the actuary types already floating around, and deals with most of the 
current players. 


> 
> i can see this as a hedge for non-medicare folks against maxing out on
> their life time coverage caps.  might even push up pay outs to
> providers as insurers try to reach qualifying numbers as quickly as
> possible.  without a meaningful 'national' charter (with codicils for
> state specific mandated care) qualifying/quantifying terms,
> conditions, and levels of care, the benefit to covered individuals is
> minimal, the real benefit realized by insurers now able to off load
> costs back to patients.  not necessarily a bad thing, though i'm
> unclear on the fundamental purpose of the idea.

It is off loading the REALLY high ones, the ones that use the most 
resources onto a much bigger group. Done in property casualty for big 
losses. Reinsurance is fairly well established in that area. Think 
Lloyds of London for Heatlhcare. 

> 
> i don't think this non-medicare (or am i assuming?) money can, or
> should be, applied to supplement/bale out medicare, apples and
> oranges.  with medicare becoming the biggest single insurer in the
> next decade or two the temptation to rob peter to pay paul seems too
> great for elected officials to resist.
> 
> g
     I would make it for non-Mcare at least initially.

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