Saturday, January 26, 2013

DO PENALTIES FOR SMOKERS AND THE OBESE MAKE SENSE?

News from The Associated Press
DO PENALTIES FOR SMOKERS AND THE OBESE MAKE SENSE?
""If I'm obese, the health care costs are not totally borne by me. 
They're borne by other people in my health insurance plan and - when I'm older - by Medicare," Cawley said.
From an economist's perspective, there would be less reason to grouse about unhealthy behaviors by smokers, obese people, motorcycle riders who eschew helmets and other health sinners if they agreed to pay the financial price for their choices.
That's the rationale for a provision in the Affordable Care Act - "Obamacare" to its detractors - that starting next year allows health insurers to charge smokers buying individual policies up to 50 percent higher premiums.
A 60-year-old could wind up paying nearly $5,100 on top of premiums.
The new law doesn't allow insurers to charge more for people who are overweight, however."

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