Jesse Powell on Twitter: "Can someone ELI5 how this works? When the state orders a private business to give its services away for free, does the state reimburse the business? Insurers can’t magically “waive” costs away any more than individuals can. What am I missing?" / Twitter

Can someone ELI5 how this works? When the state orders a private business to give its services away for free, does the state reimburse the business? Insurers can’t magically “waive” costs away any more than individuals can. What am I missing?

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Gavin Newsom

@GavinNewsom

Governor candidate, CA

· Mar 6, 2020

BREAKING: we have ordered health insurance companies to waive ALL out-of-pocket costs for preventive coronavirus testing. sfchronicle.com/business/netwo

6:16 AM · Mar 6, 2020Twitter for iPhone

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Maybe the govt. can order exchanges to waive trading fees.

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Jesse Powell

@jespow

Mar 6, 2020

That’s like saying out of pocket costs, like money, for canned beans don’t apply anymore and the stores fully cover it.

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Life or death

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I dont think so. The state declared emergency and put on price controls. It's not free though, these people have insurance plans that were paid for.

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Jesse Powell

@jespow

Mar 6, 2020

Yeah but if the state has to order it, it wasn’t already part of what they’re paying for.

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Insurers are subsidized. Individuals are not

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The state is forcing the private business to give it's services away for free. It's only a matter of time until the state bankrupts all the businesses in California. Run!!!