Tom Harkin D-Iowa Scores Huge Point on HealthCare Reform

Those of you who read my blog consistently know that if a good idea is presented, regardless of the political affiliation of the person that presented the idea, I'm all for it. Those of you who don't read my blog consistently believe (falsely) that if a Democrat comes up with a good idea that I will discount it out of hand.

Tom Harkin, Representative (D-Iowa) made, what in my opinion, what is one of the best points of this whole conversation.

Currently, insurance companies can and frequently will move a person who starts making large or frequent claims against their policies into a "higher risk" pool. Those "high risk" pools cost a LOT more money.

Mr. Harkin essentially stated that pools is a form of insurance "segregation". He is right on the money on that. What prevents an insurance company from going upside down on the risk is when you have a pool of insured with a relatively low fraction of them making claims.

He is right. Pools should be illegal. I support that.