Sunday, April 6, 2008

South Africa Supreme Court Approves Short Term Medical Insurance

The Supreme Court in South Africa ruled that short term insurers are allowed to sell medical insurance. The ruling has little bearing on citizens of the United States and other countires, however it appears possible that a similar legal contest could occur in the U.S. where state legislators show willingness to disallow this popular type of healh insurance within its borders. Some people question the authority of individual states to disallow an insurance that is considered a blessing by many people in most other states because of it affordability, liberal coverage and ease of use.

But because short term medical insurance buyers tend to be younger and healthier than those who pay much more for other types of medical insurance, some lawmakers want to level the playing field an have the younger healthier people pay the same insurance rate as the older less healthy people.

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