Insurance Industry Report Promises To Increase Premiums By 111% Under Health Reform »
Posted By Tumultuous 1 month, 1 week ago in Political NewsAfter months of publicly supporting health care reform, insurers are warning Congress that under the Baucus health care bill, “the cumulative increases in the cost of a typical family policy…will be approximately $20,700 more than it would be under the current system.”
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Tumultuous
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Goppy1 month, 1 week ago
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jovial1 month, 1 week ago
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Endoscopy1 month, 1 week ago
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The morally vacant one is demonstrating his vacancy again.
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Liberals never think. They want to have people and companies taxed to death and never think about what that means.
For this bill to reduce the deficit by $82 billion that means that $911 billion in taxes will have to be raised. Who is supposed to pay those taxes? This bill hits the insurance companies and to a much lessor extant the people who do not get insurance. Thousands to the person. If the person refuses to pay that tax then they will be hit with a $250,000 fine and a year in jail. And Obama promised no new taxes on the people making less than $250,000. He lied again.
Fact that liberals always ignore.
COMPANIES DO NOT PAY TAXES THEY JUST PASS THEM THROUGH TO THEIR CUSTOMERS!!!!
So what will happen to the cost of insurance policies? Go through the roof.
Who will pay for all of the paperwork that the 53 brand new bureaucracies will demand? The providers will have to have more people to fill it out and that raises the cost of the provider so the insurance company or the patient will have to pay the higher cost. That means also higher insurance prices.
GREAT LIBERAL IDEA. Tax and spend thus raising the cost of living. In this case in the health care area. Their ultimate solution. Government paid health care that will drive doctors out of business in droves. This plan has 25% to 45% considering to get out of the business and look for other professions as it is.
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wtagg1 month, 1 week ago
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Funny, why don't they project what the cost will be if nothing is done? Considering the average increase over the last 10 years has been about 17% per year, isn't that a 170% increase for a 10 year period, if the trend continues? Actually, there is probably simple compounding needed to be accurate.
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This bill may not be the solution, but obviously doing nothing seems to trend worse than the projected bill. I think the industry needs to do better, though I doubt if they want or desire to.-
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USMCYES1 month, 1 week ago
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Everyone talks about how healthcare costs have risen over 150% in the past 10 years. As a researcher in the medical industry I find it incredulous that no one talks about the advances that have taken place and what those advances have added to the costs. Ten years ago most doctors relied almost solely on X-ray imaging for most diagnosis, which were inexpensive to take read and maintain equipment and may have missed many treatable conditions. Today most doctors ask for no only X-ray imaging where appropriate but also MRI or CatScan which are much more expensive, much more reliable and require greater technology to operate and maintain but have also aided in adding years to lives. In addition there have been advances in diagnostic tests, medicines, surgical equipment and procedures that are now available at virtually every hospital. I remember when a heart transplant was a rariety, now there lung and other organ transplants, facial reconstruction, advanced prosthetics that many of the men and women that I served with 40 years ago in Vietnam did not survive because the technology did not exist. As one last comment, in the past 40 years with all of the hospitals I have been associated with, not one ever turned away a patient because they did not have insurance or even if they wree in the US illegally. Can we improve healthcare? yes. Lets stop the fraud. Lets have medical malpractice tort reform. Lets fix medicare, not cut $500 billion from its budget.
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BrianBenenhaleyComment removed: Hard Banned5 Replies
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BB641 month, 1 week ago
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Well does this surprise anyone? The plan proposed in Congress will destroy private insurance for anyone other than the very wealthy. When they force national death, I mean health on everyone, who do you think pays the bills? The plans will pay only a portion of the bill, the hospitals will need to find a way to cover the rest. Currently the same hold true. Why do you thin an aspirin costs $500 or $1000? It's covering the costs of the uninsured, under insured or illegal aliens. You want real reform, let the individual buy their own policies and deduct the costs 100%. Set malpractice claims to a set amount and limit attorney's fees. Everyone is worried about how much a CEO makes but at least they provide jobs and business for people to work at. A lawyer, the ambulance chasing kind, makes a great deal of money, provides no jobs, no products and very limited services. I think if you limit CEO's pay, you should limit a lawyers pay too.
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fsev411 month, 1 week ago
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CEO's do not "provide" jobs (at least not the ones who are paid outrageous amounts), the corporations provide the jobs. The CEO's work for the corporations which are owned by the stockholders. They are employees. Unfortunately if you look at the boards of directors of most large corporations you'll find that they are closely intertwined. The CEO's pay is determined by the same people whose pay he/she will be deciding on in a week or two. "You take care of me and I'll take care of you." reigns supreme.
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Unfortunately very, very few stockholders have any idea what's happening and don't care as long as they get a dividend check once in awhile. In fact a large per-percentage of stockholders don't even know what companies they own a part of as it's all buried in the mutual fund's perspective which few people read.
I'd love to see a study done where every person who owns stock or a mutual fund that holds stock in a corporation like Bank of America or Exxon-Mobil to determine if #1, they actually know they own the stock , and #2, if they do if, they have any idea who is the CEO and how much is he/she compensated.
I don't see many ceo's as being any more ethical or productive than attorneys and I don't have a lot of love for attorneys.
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hefaa1Comment removed: Hard Banned
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Georgia501 month, 1 week ago
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Goppy,
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The basis of their claim is that under the proposed Obamacare, they will not be able to turn down anyone for any reason. Thus it's expected that people will put off joining the system until they get sick.
Is that basis true or false (do the insurance companies claim this or not), and what is your response to this specific, basic assertion? -
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