Posted on 05/07/2017 1:33:44 PM PDT by taildragger
Theoretically, this should induce inflation, but we are not seeing anything like what the theorists would have predicted.
Because it’s spread out throughout the world. When they see the U.S. print money, they print money and benefit their cronies as well. When you consider that, it can be predicted it will take longer.
If that is ever stopped purposefully, the economy will see a renaissance not seen in decades.
Well, it's not an "entitlement", that would be MediCaid, which is medical-welfare. But rather, a High Risk Pool Association is a insurance-like financial structure, that can be completely sustained by private funding once established by the state. HRP patients should be paying a premium just like anyone else.
Done properly, it's not even expensive, however, just like an insurer, a lot of money will flow through it.
The reality is, that there will be relatively few patients in the HRP at a time.
Actually it IS a "conservative act" in that it's in the best interest of the insured community AND the carriers, by keeping premiums/claims low, and enrollment high. Most of the HRP states were Red states.
Of course everything I said above could be all mucked up since it is now in the hands of Congress, but MS, NH and many other states managed to get it right.
Who has a problem with that?
Pretty inflammatory statement. Care to explain?
If they can't write a small check and get a large one in return, it's 'unfair'...and 'greedy'...and 'not who we are.'
Or something.
Back before insurance got "fixed" that was a high deductible plan with an ISA kicker.
Great deal for you.
Yeah....what you said.
Unless there is a compelling societal argument, I would agree. I can agree with compelling drivers to carry liability insurance. Medical insurance, I'm not so sure.
Allow me to reiterate: I don't support mandatory medical insurance coverage.
Was this information passed out to our wonderful, honest and non-partisan Press so they could inform the Public?
Did the Republicans hold a News Conference sharing this information point by point to refute the Propaganda being spewed by the Democrat Party?
Just askin’...
Why? It was decided that for society as a whole, it is better for everyone to have to pay a little bit more for auto insurance than to have someone suffer a catastrophic loss due to an uninsured driver.
We know what actual catastrophic care insurance costs...$50-100/month.
Unfortunately, except for a few religious groups, those have been made illegal.
Bookmark
Say you lose your job and your insurance and you continue coverage under COBRA and a year later, you get a new job that offers insurance. Because you have maintained coverage, the new ins. can't deny you because of a pre-existing condiition.
Say you lose your job and your insurance and you do not continue under COBRA. A year later, you get a new job and new insurance. Because you went a year without coverage, there was a penalty period of up to 6 months in which the new insurance would not cover the pre-existing condition. Once that period expired, the new insurance would then start covering the condition.
Depending on how long you were without insurance, the maximum penalty period was a year before the new insurance would start covering.
Am I wrong in the above?
And just how is private funding going to sustain it? It didn't sustain the pools that existed before Obamacare, what will change now?
Done properly, it's not even expensive, however, just like an insurer, a lot of money will flow through it.
Please describe how a proper pool is done?
The reality is, that there will be relatively few patients in the HRP at a time.
But those that are there will cost a lot. Far more than can be funded by premiums alone.
First, this guy's a broker. He sells a PRODUCT and he has to MARKET his product. Using language like "robbing Peter to pay Paul" leads one to believe that by tossing anyone with a pre-existing condition out of the so-called "healthy" pools will dramatically reduce premiums for those healthy folks.
It won't.
I know two actuarial accountants and a number of health care administrators at Blue Cross/Blue Shield of Illinois and also HCSC (Health Care Services Corporation) the holding company for Blue Cross/Blue Shield.
Here's what they all tell me: Pre-Existing conditions aren't an issue for BC/BS.
Why?
Let's assume that the "4% of American's have pre-existing conditions" argument is true.
That means 96% of American's covered by private insurance are "suffering" some form of financial penalty for those that have a pre-existing condition today.
Also not true.
According to the folks I talk to who do the accounting for and manage healthcare plans pre-existing conditions affect premiums for everyone else by pennies to a few bucks per month per policy holder.
What really affects the cost of health care?
Uninsured. No surprise. Those who have no coverage and show up in emergency rooms - the most expensive place to receive health care.
Government regulation. Again, no surprise.
Defensive medicine. Really? Who'd have thunk it! Doctors who have to order every test under the sun to avoid a lawsuit.
Litigation. Here's a shocker, people sue for everything these days! (Article here on FR with a woman in Massachusetts suing Trump for loss of happiness...)
Malpractice Insurance. As a result of all the litigation, malpractice insurance experiences double-digit increases every year for almost every doctor in the country.
And then finally what no one seems to talk about: insurance write-downs which cause doctors, hospitals, etc.. to come back after you and I for the "uncovered" items healthcare insurance mysteriously doesn't pay for.
Are the "chronically ill" or those with pre-existing conditions really the ones driving up the premiums for the "healthy" folks?
Nope. They're not. And when those of you who are complaining the loudest don't see the YUUUUGE drops in your monthly premiums under TrumpCare you're being led to believe are there when everyone who has a pre-existing condition is kicked out of your insurance pool I have just three words for ya:
Told ya so.
Mark this post. It'll be true should TrumpCare ever come to pass.
It's not hard to read the bill and understand it. It's not that long.
Having said that, he's a SALESMAN. He sells a product. He wants you to believe that the product he'll sell should Trumpcare ever come to pass will be the cheapest and best.
Typical salesman, IMO.
By the way he used talking points. I heard the exact same talking points repeatedly on talk radio here in the Chicago market over the weekend, notably on WGN and on WLS.
I doubt he actually "read" the bill, more than likely he based his write-up on the talking points. The same talking points Reince Priebus used on Fox News Sunday yesterday, BTW.
I think they call that the Bronze plan. The cheapest Bronze plan in our community has ~$7K deductible.
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