The reality check of the Affordable Care Act has been paid out, and I think now is the time to talk about options. I have spent a lot of time thinking about the best way of providing complete population coverage, while ensuring the care is patient-centered, and sustainable.
Private insurance companies would base their premium rates on the individual's health status, which includes age, pre-existing conditions, and health risks. Young individuals who have very high incomes, and wish to keep their premiums low would benefit the most from this insurance policy. Further, individuals would have to meet a specific income criterion in order to qualify for private health insurance, which would detour predatory companies targeting patients who would otherwise be priced out of private payer plans.
A positive aspect of private insurance would include the ability to keep your premiums low if you are a high-income earner. Another positive aspect is the capacity to choose your doctor, hospital, and have access to increased benefits that add to a greater variety of individual choice.