Genuine question. Did most all companies start rising more exponentially versus linearly between 2011 and 2014/15?
One of the biggest financial disasters ever.
100%. It absolutely wrecked my then-great insurance.
And making up solutions to nonexistent problems. Add the DTC that ultimately makes doctors fight a losing battle when patients come in demanding drugs for their psychosomatic problem. Then there’s the demand that doctors see so many patients a day which leaves them little time to fully understand the patient and their problem(s).
They definitely have some culpability. But the government saying everyone is "entitled" to Health Insurance so everyone therefore is "required" to have "health coverage" is also at fault. There are only 2 certainties in life: Death and Taxes! And I recommend between the 2, you take the taxes! But nobody is even guaranteed health care! SOMEBODY has to pay for it. I need to make healthier choices. I paid into Medicare and so am using my Medicare.
What is it about you that makes you think that folks are always out to 17 people over? That’s probably the bigger question here.
You're 14 years older now than you were in 2010, right?
Yes, but it's beyond that, WAY beyond that. I'd I had kept what I originally had; I would be paying somewhere around 15-20 times what I did. As it is I'm paying three times what I did, My deductible is 25 times what it was. Before you start, I checked on the Obamacare exchanges, THOSE are even worse.
I do not believe you're being honest about a 15x - 20x multiplier on premium at all. That's what, $100 a month to $1,500 a month? There's no age where that's happening.
A lot people get it through their jobs. Age and health on an individual do not affect the individual. It affects the group. The group helps off sets the adverse selection. The older employees retire, and the younger ones helps off set. Trust me Obama Care caused the group rate to go up and got you less coverage. My company is self-insured with a third-party carrier. 14 years ago, my company took the leap and jack our premiums way up to cover the things Obama care forced them to cover. They did not cut what coverage we already had. It has gone up about every other year but not too bad. Last year we got a premium holiday in December. No premium for December last year. 2025 we will have increase in premium. Our plan does not have to show a profit. It just needs to stay solvent. I am pretty lucky.
I'm being 100% honest on the deductible, 200 to 5000, Obviously the premium is speculation, I can't even GET a policy like I had now, and haven't been able to for years. I based that figure on the trends as it has escalated as I upped my deductible, and what they were asking to keep the old one from year to year. To keep my current premium this year I would have had to accept yet another doubling of the deductible. To keep my current deductible, I'm having to accept another 20% increase in premium. I'm self-employed so this is the open market. The biggest jumps % wise were in the first 2-3 years after the ACA was enacted. I'm paying about three times what I payed back then. I was talking about what it would have been if I had been able to keep what I had.
Government mostly responsible
Hospitals and other providers are the least responsible BY FAR. They are at the mercy of the other two.
Uh....you might be surprised at the rate of growth of hospital administrators over the last few decades.....let's just say it's in the thousands % points....yes that's right! Those are not cheap jobs.
Who am I saying is getting 17ed over and who am I saying is doing the 17ing over?
So you are perfectly ok with current insurance premiums then right?
Bull $h1t
Something to consider, sure…..but I went from about $600/month to almost $1500/month in ONE YEAR. Had my wife not gotten a public school teaching job we’d have been in a mess.
I don't know why you're making up fake quotes and attributing them to me, but you do you... ¯¯\_(ツ)_/¯¯
I didn’t quote anything. I asked 2 questions. Not surprised you wouldn’t answer them though.
What are you even talking about? I have never said either of those sentences you pulled out of your aѕs and implied that I say/believe. "No and no" is my answer.
So you aren’t happy with current insurance premiums and you don’t think insurance companies are taking advantage of people?
You do know the government sets the reimbursement rates right? All of them, except for cash. List price has nothing to do with actual payments when a third party is involved. Listing prices wouldn't accomplish a thing except to make it even MORE confusing.
You continue to put words in my mouth.
Maybe i'm missing something but i think you are wrong as it pertains to private insurance.
Thats what you said.
You are talking about price. I'm talking about reimbursement rates. Those are very much NOT the same thing.
It's killing healthcare. All it did was exacerbate all the trends people hate, including the ones people are blasting the guy who was murdered for.
