I was impressed by Keith Olbermann’s 10/7/09 Special Comments in which he suggested a financial strike against health insurance companies might be effective. He feared, however, such a strike withholding of health insurance premium payments could cause people to loose their health care coverage.
I suggest that Olbermann’s lawyers research if it would be possible for an Escrow Account be established for each of the offending health insurance companies to which people could deposit their monthly premium payments. Would this protect people’s health insurance maintenance while withholding the money from the insurance company. This tactic could be used to persuade health insurance companies to end their practice of disqualifying coverage due to a preexisting conditions and other care limitations.
The following is an example of such an escrow account.