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German credit agency earns millions through unlawful customer manipulation

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Re: German credit agency earns millions through unlawful customer manipulation

#201

Post by greenavocado »

pflenker wrote: post #150
dkekenflxlf wrote: post #138

Earlier quoted context omitted.

500-1000 USD per month for a WHOLE family is fucking cheap!? In Germany, i'm paying more than 1150€ per month as single (and im not privately insured but publicly)

1) I doubt that you pay as much. I pay less than half of that and have a comfortable salary. Did you include the "Arbeitgeberanteil" (which is not part of what you are paying)? 2) You can't easily extrapolate that number to a whole family. Kids are usually insured for free if the higher-earning parent is not privately insured.

No, this is on par with what my friends in Germany pay for their family. The difference is Germans have nearly no deductible and there is little worry about in-network vs out-of-network treatments.

Re: German credit agency earns millions through unlawful customer manipulation

#202

Post by Nextgrid »

graemep wrote: post #178
Nextgrid wrote: post #113

Earlier quoted context omitted.

Yes, that's my problem with high taxation, as someone who got burnt by it by virtue of living and paying taxes in the UK. I don't mind paying my fair share of tax if it means I get good value out of it, but the state of our healthcare here means that in practice the public healthcare system is no longer fit for purpose, so we are being forced to pay for a system that doesn't work and end up having to go private (and…

The UK tax system (like many others) is not as fair or progressive as it is presented to be. 1. NI means that the real standard rate on earned income is substantially higher than the "income tax" rate. it is also not fair that unearned income is exempt from it. 2. Lots of purchase taxes, which are disproportionately paid by people with moderate incomes. People on low incomes spend a higher proportion in necessities w…

> seem not to realise how things operate in most other developed countries

Genuine question, what do other countries do differently? The way I see it (and described in my original comment) is that the underlying factors behind the decline of government services (no accountability, no incentive to use tax money efficiently) are common across many countries.

Some countries may get away with it for now because they're still "early", but if there is no pressure to do well it's just a matter of time before they too suffer the same fate?

Re: German credit agency earns millions through unlawful customer manipulation

#203

Post by fabian2k »

dkekenflxlf wrote: post #149
fabian2k wrote: post #101

Earlier quoted context omitted.

There are no real deductibles in German public healthcare, though some areas are excluded almost entirely like glasses and certain dental work. The cost is also scaled to income, the 400 EUR (which is only 50% of the cost, the other 50% pays the employer) here are what you pay when you earn ~70k EUR per year and are essentially the maximum for public health care. So it is much cheaper if you earn less money. One of t…

Bro, du solltest mal deine Gehaltsabrechnung prüfen - mit dem Gehalt bist du bei knapp 1000€

I used the values from the original post, which is only the employee part and not the employer part. I also assumed that they're not using current but slightly older values here. I also didn't include the PPV, if you include that and count the employer part you end up at 1000 EUR.

Re: German credit agency earns millions through unlawful customer manipulation

#204

Post by Beijinger »

mousetree wrote: post #192
Beijinger wrote: post #185

Earlier quoted context omitted.

" I'm proud of contributing through my taxes so that anybody in need can have the same treatment irrespective of their economic situation." It is a big world my friend. And if millions come to use these services but don't pay in, the services get thinner and thinner. 1 Million Ukrainians came to German. Less than 25% have a job. The rest is financed by the taxpayer. Money, Rent, Health insurance... Edit: It reminds m…

As a German who pays a lot in taxes each year, I’m more than happy for those taxes to support our Ukrainian friends who are refugees during this terrible situation

[flagged]

Re: German credit agency earns millions through unlawful customer manipulation

#205

Post by kmlx »

ciclotrone wrote: post #102
ArmandGrillet wrote: post #37

Finally. Germany combines some of the worst aspects of the US (credit ranking, complicated abortion process, private healthcare if you want decent treatments) with the worst aspects of Europe (low digitalization, high taxation, recursive federalism: within the country and within the EU). A country like the Netherlands has its own issues (mainly housing) but doesn't have the myriad of pain points you can find in Germa…

I find it quite disturbing that high taxation is seen as a negative aspect of Europe. I lived in Italy, France and Germany, and I enjoyed public healthcare and education of very high standard at very affordable prices, and free in the limit that one cannot afford to pay for them. As a relative of a person with a chronic disease I can tell you that on the one hand if we are not bankrupt it is because of public healthc…

> I find it quite disturbing that high taxation is seen as a negative aspect of Europe.

after receiving the same services for no or minimal tax i also find it very disturbing that people still think high taxation is necessary.

Re: German credit agency earns millions through unlawful customer manipulation

#206

Post by steveklabnik »

josefx wrote: post #28
BadBadJellyBean wrote: post #20

Earlier quoted context omitted.

It isn't. I financed my phone for free via Klarna. I could easily pay it at once but why would I. In the end I save a bit because of inflation.

> I financed my phone for free via Klarna So how do they make money? Sounds like they would be losing money to inflation by offering that service for free.

https://www.bitsaboutmoney.com/archive/buy-now-pay-later/

Re: German credit agency earns millions through unlawful customer manipulation

#207

Post by Beijinger »

Ringz wrote: post #140
greenavocado wrote: post #131

Earlier quoted context omitted.

INOVA in Northern Virginia charges $3000 for an uncomplicated vaginal birth. They have a code which rolls up many services into that code. There are additional in-hospital expenses such as the newborn hearing test which aggregate to about $400. If you have insurance your maximum cost out of pocket for the calendar year is between 5 and 15 thousand dollars (insurance covers everything above it). If you can't pay it al…

> INOVA in Northern Virginia charges $3000 for an uncomplicated vaginal birth. They have a code which rolls up many services into that code. There are additional in-hospital expenses such as the newborn hearing test which aggregate to about $400. Free of charge in Germany > If you have insurance your maximum cost out of pocket for the calendar year is between 5 and 15 thousand dollars (insurance covers everything abo…

"In Germany, insurance covers everything over 0€. "

Yes. But you wait >6 months to see a specialist. And Germany has not the same level of health care than the US. Sorry to break the news to you.

Re: German credit agency earns millions through unlawful customer manipulation

#208

Post by jandrewrogers »

albert180 wrote: post #175
greenavocado wrote: post #131

Earlier quoted context omitted.

INOVA in Northern Virginia charges $3000 for an uncomplicated vaginal birth. They have a code which rolls up many services into that code. There are additional in-hospital expenses such as the newborn hearing test which aggregate to about $400. If you have insurance your maximum cost out of pocket for the calendar year is between 5 and 15 thousand dollars (insurance covers everything above it). If you can't pay it al…

If Access to Health Care in the US is so great, why is infant mortality worse than in Cuba and they score dead last in every Health or Life Expectancy Metric among the G7?

None of these are primarily medical outcomes. Life expectancy, for example, is skewed by an anomalously high rate of fatal injuries when people are young, which has nothing to do with healthcare quality. For better or worse, trauma medicine in the US is arguably the best in the world because serious injuries are so prevalent.

There is also the practical matter that the US is a continent-sized country and regional effects matter. Some US States have life expectancy on par with the best European countries despite the anomalously high fatal injury rates among young people.

Re: German credit agency earns millions through unlawful customer manipulation

#209

Post by Nextgrid »

graemep wrote: post #179
Nextgrid wrote: post #167

Earlier quoted context omitted.

I disagree that companies only compete thanks to regulation. Companies competing is the default - regulation sometimes (either as an unintended oversight or malicious intent thanks to lobbying/corruption) prevents it though. There are many valid scenarios where competition is lacking, but generally speaking the reason it’s lacking is due to regulation/law making it impossible. Telecoms for example is impossible becau…

> Companies competing is the default If you had no regulation, they would simply form cartels or merge to create a monopoly.

Merging and forming cartels is still technically a choice. A company could decide not to do that and compete. It may require a near-infinite amount of money, but it's still technically possible.

Re: German credit agency earns millions through unlawful customer manipulation

#210

Post by Scharkenberg »

Beijinger wrote: post #194
mschuster91 wrote: post #122

Earlier quoted context omitted.

> High taxes with no matching value behind them That is not the case for Germany. We have - even with all its shortcomings - a decent education system that's largely free and accessible for everyone, a decent healthcare system, a decent public transport system on local, regional and federal system, and a very decent social security network that covers unemployment, pension and elderly care. The US in contrast has nei…

"a decent education system that's largely free and accessible for everyone" I give your Universities a 2-3 (On a scale 1 Top, 5 fail). High schools are getting worse and worse due to the immigrants. So you would want to send your kid to a school without many immigrants, mainly due to language barriers. "a decent healthcare system" Again, I give you a 2-3. More and more people are sucking services, fewer people pay in…

Can you cite your sources?

This literally sounds like regurgitated shit from far-right politicians rather than thought-out analysis based on real statistics. In fact I would go so far as to suspect astroturfing.

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