Welcome, Guest

Author Topic: Health insurance premiums  (Read 4049 times)

Offline kathyp

  • Universal Bee
  • *******
  • Posts: 16134
  • Gender: Female
Re: Health insurance premiums
« Reply #20 on: March 27, 2013, 12:43:41 PM »
Quote
No, it's the large insurance providers who are quoting much smaller AND larger increases. I wonder how much extra profit health insurance companies will try to hide in their increases, blaming it on gov't instead.

as you know, i am not a fan of the existence of insurance companies...or rather, the reliance by the population on them. the people did demand that someone else cover their costs, so insurance companies fill that demand.  and yes, they are in business to make money, but their profit margin is comparatively small.  it should also be remembered that many of these companies are non-profit.  that means they can charge cost + what can reasonably be expected (determined by law) to be the future costs.  they can't bank a "profit".

enter the government:  it now dictates what must be covered and who must be covered.  worse, they can no longer turn away people with pre-existing conditions.  as a feel good measure, it's great.  as a business consideration, it's a disaster.  insurance cost depends on the pool buying into the insurance. if it's cheaper for people not to buy insurance and pay the fine, then get insurance when they get sick, you have fewer healthy people paying into the system and more sick people taking out.

so, more covered, more "free" stuff, no control over pool of payers, and you are surprised that cost might go up?  add to that, small businesses are dumping their insurance programs and people will end up on the federal exchanges...which are tax dollar supported, so guess what goes up next?

i know you are struggling to defend this, but it's pretty much indefensible...except in one way:  we know that single payer has been the leftist plan forever.  we know they are not stupid.  knowing those two things, the only logical conclusion is that this was designed to fail so that single payer is the rescue option.   
this will be such a mess that they are banking on people accepting single payer as a rescue.



One could not learn history from architecture any more than one could learn it from books. Statues, inscriptions, memorial stones, the names of streets ? anything that might throw light upon the past had been systematically altered. (1.8.85)

George Orwell  "1984"

Offline Fox Creek

  • Field Bee
  • ***
  • Posts: 572
  • Gender: Male
Re: Health insurance premiums
« Reply #21 on: March 27, 2013, 01:21:14 PM »
    Kathyp is correct. My hope is, people will not just stand around and watch. I plead with my conservative friends to get involved ! What this Jerk in the Whitehouse has done is pure evil !!! Help those who are taking a stand ! Research organizations claiming to be in the fight. When you decide which one you see as an effective group, support them !!!
« Last Edit: March 27, 2013, 01:44:31 PM by Fox Creek »

Offline luvin honey

  • Super Bee
  • *****
  • Posts: 1540
  • Gender: Female
Re: Health insurance premiums
« Reply #22 on: March 29, 2013, 12:51:15 PM »
I'm not struggling to defend anything. I want to wait and see. The only thing I KNOW is that insurance costs have been skyrocketing every single year for a very long time. There is nothing new about this. But it might be a good time for insurance companies to blame it on the government and jack premiums up yet again.
The pedigree of honey
Does not concern the bee;
A clover, any time, to him
Is aristocracy.
---Emily Dickinson

Offline Keith13

  • Super Bee
  • *****
  • Posts: 1836
  • Gender: Male
Re: Health insurance premiums
« Reply #23 on: March 29, 2013, 12:52:54 PM »
I'm not struggling to defend anything. I want to wait and see. The only thing I KNOW is that insurance costs have been skyrocketing every single year for a very long time. There is nothing new about this. But it might be a good time for insurance companies to blame it on the government and jack premiums up yet again.

thats a fair point

Offline kathyp

  • Universal Bee
  • *******
  • Posts: 16134
  • Gender: Female
Re: Health insurance premiums
« Reply #24 on: March 29, 2013, 12:53:08 PM »
Quote
But it might be a good time for insurance companies to blame it on the government and jack premiums up yet again

sure, because we have a whole list of things that the government has messed in, and has made more efficient and cost effective!
One could not learn history from architecture any more than one could learn it from books. Statues, inscriptions, memorial stones, the names of streets ? anything that might throw light upon the past had been systematically altered. (1.8.85)

George Orwell  "1984"

Offline buzzbee

  • Ken
  • Administrator
  • Galactic Bee
  • *******
  • Posts: 5868
  • Gender: Male
    • N Central Pa Beekeepers Facebook Page
Re: Health insurance premiums
« Reply #25 on: March 31, 2013, 10:41:07 AM »
Perhaps government regulation has been driving insurance costs for a long time. I am almost willing to wager that the medical foelds employ as many for red tape and paerwork as they do people that catually treat patients. This all adds costs that produce nothing.
I find it amazing they will not touch tort refrom which is another huge drain on insurance companies.

 

anything