Voters have clearly rejected single health insurance company

Single health insurance company  have clearly rejected by voters. For reforming Swiss healthcare insurance scheme it was the third unsuccessful attempt by the political left in ten years to reform.

According to official results which is 61.8% of voters throwing out the initiative by centre-left political parties, patients and consumer groups.

They wished to replace the more than 60 private company insurers with a single payer system offering mandatory basic health insurance coverage.

  Four of the country's 26 cantons - notably in western Switzerland - mustered a majority in favour of a single health insurer. 

Swiss Voting base on

1 .result was disappointing  According to Jacqueline Fehr, whose a leading promoter of the initiative, but think about the idea of the single payer principle.

   Fehr, a parliamentarian for the centre-left Social Democrats, said the number of citizens dissatisfied with the current health insurance system has increased since previous votes on a public single health insurance company in 2004 and 2007.

  The Green Party said the victory is a result of powerful insurance industry. The group announced it would push ahead with plans to allow regional single health insurance companies.

2 . Santésuisse, the Association of Health Insurance Companies, said the outcome at the ballot box was a vote of confidence for the insurance system. 

3.  Recent system is too costly and fails to provide for competition among insurers at the expense of consumers.
Critics also accused insurance companies of trying to attract young and healthy customers, undermining the principle of solidarity with the old and infirm.
Initiative promoters said up to CHF350 million ($372 million) could have been saved on administration, and total health expenditure could have been reduced by about 10% over the next few years.
However, most political parties, the government and the business community recommended rejection of the initiative. They say Switzerland has one of the most successful healthcare systems in the world.
Opponents warned of an inefficient bureaucratic organisation if citizens are no longer free to decide on the health insurer of their choice.

4. In 1994 health insurance coverage was made mandatory for Swiss residents.
As compare to past decade costs for individual health insurance premiums have been increasing gradually.

CHF68 billion is Total expenditure for healthcare.The interior ministry last week announced an average increase of 4% for the insurance premiums next year.

Swiss voters have had the final say on 191 initiatives in total. But only 20 of them have won a majority at the ballot box since 1891

Why you want lose your health insurance

"If you like your health insurance, you can keep it".it was  Barack Obama’s best promises ,but at the very same time the president was making that promise, lawmakers on Capitol Hill were drafting legislation that would make clear that promise could never be kept.

It is not only  problem is  that when the health reform law was passed, millions of people were unable to keep the plan they had in 2010, . They are not likely to be able to keep for long any plan they have selected this year on a health insurance exchange. As we move ahead, all health plans will be subjected to restrictions that are likely to change every year. So its mean this year plan to meets the Obamacare restriction, may not meet the restriction next year or the year after that.

So the idea of long-lasting portable insurance that allows long term relationship between you and your doctor awith medical providers  was completely squashed when Congress passed Obamacare.

Now look at the chart below. It shows that all commercial health insurance must fit within four metallic bands: Bronze, Silver, Gold and Platinum. Each band is explained by its “actuarial value” percent represent benefits the plan which is expected to pay. For example, a Bronze plan represent expected to pay between 58% and 62% of health care costs for a representative enrollee. A Silver plan represent expected to pay between 68% and 72%. And so forth.

Lets Suppose if you are in a Bronze plan with an actuarial value of 58%. Then, so due to lot of changes like because of price changes, technology changes, or some other kind of change, your plan suddenly covers 60% of expected expenses. You think its good for you, right? Wrong. Because your plan no longer fits into one of the metallic corridors, it’s no longer a valid plan  despite the fact that it has become a better plan!

Now  suppose you fit  really good plan  that pays 98% of expected health care costs. There are large number of Democrat’s who think that every n each bill will pay by health insurance, you would think that the law passed by a Democratic Congress without a single Republican vote would strongly encourage such a plan.

Under Obamacare, 92% pay by any Any plan th more than  expected health care costs for the average enrollee is illegal