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Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

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Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#2
Guaranteed strategy for a progressive wave 2020 and a democratic president. Expect massive executive action to address climate change and end corruption. There's nothing more evident than the greed of the insurance companies, it cuts bipartisan. Finally the hope of adults in the reigns again

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#3
post #2

Guaranteed strategy for a progressive wave 2020 and a democratic president. Expect massive executive action to address climate change and end corruption. There's nothing more evident than the greed of the insurance companies, it cuts bipartisan. Finally the hope of adults in the reigns again

IDK, the last "progressive" action on insurance more than doubled my rates and I had a distinct feeling of some kind of corruption like insurance companies were cashing in.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#4
Even the bronze plan (which was always compliant) is terrible, though.

Depending on the state and plan, but it’s around $400/month and $7500 deductible for a single adult, so you’re paying more than $12k out of pocket before you get anything, except some very basic preventative care.

Our health care system is a joke.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#5
post #3
post #2

Guaranteed strategy for a progressive wave 2020 and a democratic president. Expect massive executive action to address climate change and end corruption. There's nothing more evident than the greed of the insurance companies, it cuts bipartisan. Finally the hope of adults in the reigns again

IDK, the last "progressive" action on insurance more than doubled my rates and I had a distinct feeling of some kind of corruption like insurance companies were cashing in.

> IDK, the last "progressive" action on insurance more than doubled my rates...

Sounds like you might've had one of the useless plans cited in the article. Sure, they've got low rates - they don't cover anything when you actually need it.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#6
The US system really needs to be torn down and rebuilt from scratch. Stories like this simply shouldn’t happen. There is almost no way as a patient to ensure your coverage is sufficient besides having a lot of money in case. It’s insane and hard to understand how anyone can defend this.

With the lack of information the patient has nobody should talk about free markets. A functioning market requires that all participants have information available for making a decision.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#7
post #5
post #3

Earlier quoted context omitted.

IDK, the last "progressive" action on insurance more than doubled my rates and I had a distinct feeling of some kind of corruption like insurance companies were cashing in.

> IDK, the last "progressive" action on insurance more than doubled my rates... Sounds like you might've had one of the useless plans cited in the article. Sure, they've got low rates - they don't cover anything when you actually need it.

Obamacare was better than nothing but it really avoided all difficult issues so I think it was a bad law. Problem is that the republicans want to make it even worse.

Right now I’m for Medicare for All. This seems to be the most sane and possible approach.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#8
post #2

Guaranteed strategy for a progressive wave 2020 and a democratic president. Expect massive executive action to address climate change and end corruption. There's nothing more evident than the greed of the insurance companies, it cuts bipartisan. Finally the hope of adults in the reigns again

I'm a proponent of universal healthcare, but pointing to "insurance industry greed" is a dishonest narrative. Health insurers are having a banner year, and that means their profit margins are approaching 6%. (By contrast, Facebook is regularly over 40%.) For the year ending Q3 2018, health insurer profits amounted to $25 billion, industry wide, which is about the same as Google alone makes in a year.

If running a business that makes 6% profit margins is "greedy" then the word literally means nothing. The only reason health insurer profits are even part of the discussion is because Democrats reflexively lean to anti-corporatism to explain any societal problem. But it's like republicans blaming everything on the decline of two-parent households. It's rah-rah narrative that has no basis in reality.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#9
post #5
post #3

Earlier quoted context omitted.

IDK, the last "progressive" action on insurance more than doubled my rates and I had a distinct feeling of some kind of corruption like insurance companies were cashing in.

> IDK, the last "progressive" action on insurance more than doubled my rates... Sounds like you might've had one of the useless plans cited in the article. Sure, they've got low rates - they don't cover anything when you actually need it.

I had a plan that covered inpatient care 100% after my deductible. Tests, doctor visits, etc., weren't covered. My HSA and other savings were fine for that. Along came thr ACA and killed it. My premiums skyrocketed and my money went into premiums instead of savings or investment.

Re: Health Insurance That Doesn’t Cover the Bills Has Flooded the Market

#10
post #2

Guaranteed strategy for a progressive wave 2020 and a democratic president. Expect massive executive action to address climate change and end corruption. There's nothing more evident than the greed of the insurance companies, it cuts bipartisan. Finally the hope of adults in the reigns again

If Democrats in California can't muster the votes to outlaw something as uniformly hated as balance billing while they have the Governor's office and a supermajority in both houses, I'm afraid I don't have much faith in their ability to fix any of this at the federal level.
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