Insurers to take more money from middle Americans...
 

On 10/25/09 9:11 AM, Don White wrote:
"H the wrote in message
m...
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


I still think a national sales tax would be a better way to fund universal
health care for most Americans.
Sure..the guy who buys the $100K boat, $60K auto or expensive clothes&
furnishings will pay more... but you have to think of the overall benefit to
all fellow citizens.




Maybe, though I would prefer to see sharp increases in income taxes for
the wealthy, as well as removing the cap on social security taxes.

Insurers to take more money from middle Americans...
 

H the K wrote:
On 10/24/09 7:30 PM, Canuck57 wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

[ snip ]

Too bad congress is greasing it's lips and sharpening their teath to
take cut off of the health care spending for it's own agendas of statism
and Obamanation.

Maybe they should, provided they give a damn about middle clas Americans
make it easier for competition and rules that allow new blood into the
industry. As it stands, you would need $10B working capital to start a
new health care company. Obsceny high needs high returns.

But if governemtn does it, they can lower the standard of care,
line-ups, rationing and skim the difference for government spending.

Ever wonder why government wants this through general revenue? To skim
your health care dollars. Easier than raising taxes. Government needs
raise it's incoming cash flow, Obamanation is expensive at $1.3 trillion
debt-spend in just 8 or 9 months.



Sorry, but I give no credibility whatsoever to your side. Conserative
Republicans have an agenda that has nothing to do with helping middle
class Americans get, keep, and afford decent health care. I have no
interest in the bull**** being spewed by Limbaugh, Palin, Beck, or your
congressional leaders. **** you and everyone on your side of the
ship...which you are sinking.

But more importantly, the conservative republicans would like to leave
the choice with you, the individual. Don't miss that very important
point. So if government services are crappy, you can go elsewhere.

Nothing to stop the government from providing fee services and make it
100% self funded. Sperate from general revenue so the health care
proceeds are not skimmed for corruption.

But that isn't what Obama/Congress wants, they want a piece of the
health care action. They want to skim it, and since raising taxes is
unpopular then why not get the health care bucks to skim?

Think before you vote, and go to a Canadian hospital to see the lineups.
We are not that far away.

Insurers to take more money from middle Americans...
 

H the K wrote:
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.

Maybe congres needs to look at ways to allow more competition. Right
now the system is so complex and loaded with stupid inefficient
practices due to stupid laws...

While other laws are lacking. Especially in the fairness area.

And does anyone in this group think governemnt is going to live by the
same laws they impale on business? LMAO.

This is about skiming American's health dollars for government revenue.
Pure and simple. If you think going to government is going to make
things better, ask yourself would 95% of Americans be satisfied with
less services, longer waits, poorer quality doctors so hat 5% get a free
lunch?

And if you think Canada has it right, why do I pay $300 extra each month
so I am covered when I travel to the US? Americans coming to Canada
don't need to do that, their US coverage is good here. But not the
other way around.

At least Americans with health care money in their own pockets have a
choice, in Canada there is only one health provider and if you don't
like the regional health care assessment of your situation, they have
your money and you have no service.

25% profit is better than 50% government skiming.

There is a lib-dim brainwash going on with Americans, if you were
intelligent you would tell Obama to f'ck off. His plan stinks of a tax
increase through the side door. Don't be a sucker.

Insurers to take more money from middle Americans...
 

Don White wrote:
"H the K" wrote in message
m...
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.

Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


I still think a national sales tax would be a better way to fund universal
health care for most Americans.
Sure..the guy who buys the $100K boat, $60K auto or expensive clothes &
furnishings will pay more... but you have to think of the overall benefit to
all fellow citizens.

How about a none refundable and non-deductable 30% surtax on all income
from all sources unless you can verify you have insurance from some
source. Plus a means test. I don't think Bill Gates needs a private
plan. Bet 95% of those without insurance would soon have insurance.

Problem with a sales tax, as we have seen in Canada is simple. What
guarantees are there that it will be spent on what they say it will be?
Second is, is your employer going to give you a big raise when they
don't pay health care but you pay the sales taxes? A third issue is
fraud, GST in Canada is so screwed up even the CRA admits it is out of
control. Mind you, it makes for more people employed in government.

Insurers to take more money from middle Americans...
 

H the K wrote:
On 10/25/09 9:11 AM, Don White wrote:
"H the wrote in message
m...
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


I still think a national sales tax would be a better way to fund
universal
health care for most Americans.
Sure..the guy who buys the $100K boat, $60K auto or expensive clothes&
furnishings will pay more... but you have to think of the overall
benefit to
all fellow citizens.

Maybe, though I would prefer to see sharp increases in income taxes for
the wealthy, as well as removing the cap on social security taxes.

Wealth is relative. When they said the same thing, tax the wealthy some
30 years ago in Canada, dumb Canadians supported it.

Now, 40% of the households are at the top margnal rate with high
employment taxes for all. That "wealthy" windows slides down into the
middle class in time. The idea is to sell the tax as being for the
wealthy then adjust it later. Taxation creep if you will.

In the end, the pain will make it to your pocket book.

Insurers to take more money from middle Americans...
 

On Sun, 25 Oct 2009 08:49:28 -0600, Canuck57
wrote:

H the K wrote:
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.

Maybe congres needs to look at ways to allow more competition. Right
now the system is so complex and loaded with stupid inefficient
practices due to stupid laws...

While other laws are lacking. Especially in the fairness area.

And does anyone in this group think governemnt is going to live by the
same laws they impale on business? LMAO.

This is about skiming American's health dollars for government revenue.
Pure and simple. If you think going to government is going to make
things better, ask yourself would 95% of Americans be satisfied with
less services, longer waits, poorer quality doctors so hat 5% get a free
lunch?

And if you think Canada has it right, why do I pay $300 extra each month
so I am covered when I travel to the US? Americans coming to Canada
don't need to do that, their US coverage is good here. But not the
other way around.

At least Americans with health care money in their own pockets have a
choice, in Canada there is only one health provider and if you don't
like the regional health care assessment of your situation, they have
your money and you have no service.

25% profit is better than 50% government skiming.

There is a lib-dim brainwash going on with Americans, if you were
intelligent you would tell Obama to f'ck off. His plan stinks of a tax
increase through the side door. Don't be a sucker.

It's a shame that a Canadian can see through 'Bama's concept, but the
liberals down here can't do that.

Insurers to take more money from middle Americans...
 

On Sun, 25 Oct 2009 08:55:45 -0600, Canuck57
wrote:

Don White wrote:
"H the K" wrote in message
m...
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.

Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


I still think a national sales tax would be a better way to fund universal
health care for most Americans.
Sure..the guy who buys the $100K boat, $60K auto or expensive clothes &
furnishings will pay more... but you have to think of the overall benefit to
all fellow citizens.

How about a none refundable and non-deductable 30% surtax on all income
from all sources unless you can verify you have insurance from some
source. Plus a means test. I don't think Bill Gates needs a private
plan. Bet 95% of those without insurance would soon have insurance.

Problem with a sales tax, as we have seen in Canada is simple. What
guarantees are there that it will be spent on what they say it will be?
Second is, is your employer going to give you a big raise when they
don't pay health care but you pay the sales taxes? A third issue is
fraud, GST in Canada is so screwed up even the CRA admits it is out of
control. Mind you, it makes for more people employed in government.

Not to mention that a national sales, or value added, tax affects the
poor much worse than the middle or upper class.

Here we have two Canadians in disagreement. One knows what he's
talking about. (And it isn't you, Don.)

Insurers to take more money from middle Americans...
 

Don White wrote:
"H the K" wrote in message
m...
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.

Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


I still think a national sales tax would be a better way to fund universal
health care for most Americans.
Sure..the guy who buys the $100K boat, $60K auto or expensive clothes &
furnishings will pay more... but you have to think of the overall benefit to
all fellow citizens.


I can not find the reference but I believe the profit margins for the
insurance companies are about a tenth of the figures quoted or about 2.5
to 4%, or about the same as a Walmart, grocery stores or many other
companies in the world.

Only a start up company would experience 25 to 40% profits. They may
see a 25 to 40% change in their profits, with the 30% pelosi plunge
during the first 2 weeks of October 2008 and the 30% obama slide during
the first three months of this year.

Insurers to take more money from middle Americans...
 

On 10/25/09 10:49 AM, Canuck57 wrote:
H the K wrote:
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.

Maybe congres needs to look at ways to allow more competition. Right now
the system is so complex and loaded with stupid inefficient practices
due to stupid laws...

While other laws are lacking. Especially in the fairness area.

And does anyone in this group think governemnt is going to live by the
same laws they impale on business? LMAO.

This is about skiming American's health dollars for government revenue.
Pure and simple. If you think going to government is going to make
things better, ask yourself would 95% of Americans be satisfied with
less services, longer waits, poorer quality doctors so hat 5% get a free
lunch?

And if you think Canada has it right, why do I pay $300 extra each month
so I am covered when I travel to the US? Americans coming to Canada
don't need to do that, their US coverage is good here. But not the other
way around.

At least Americans with health care money in their own pockets have a
choice, in Canada there is only one health provider and if you don't
like the regional health care assessment of your situation, they have
your money and you have no service.

25% profit is better than 50% government skiming.

There is a lib-dim brainwash going on with Americans, if you were
intelligent you would tell Obama to f'ck off. His plan stinks of a tax
increase through the side door. Don't be a sucker.


I believe I previously stated I simply do not believe any of the crap
you right-wingers spew. The agenda of the right has no points of
intersection with the aspirations of the middle class or those striving
to attain it.

We should be doing to the right what the right has done to the rest of
the world.

Insurers to take more money from middle Americans...
 

H the K wrote:
On 10/24/09 10:35 PM, elder wrote:
H the K wrote:
October 25, 2009
Small Business Faces Sharp Rise in Costs of Health Care
By REED ABELSON
NY Times

As Congress nears votes on legislation that would overhaul the health
care system, many small businesses say they are facing the steepest
rise in insurance premiums they have seen in recent years.

Insurance brokers and benefits consultants say their small business
clients are seeing premiums go up an average of about 15 percent for
the coming year ? double the rate of last year?s increases. That would
mean an annual premium that was $4,500 per employee in 2008 and $4,800
this year would rise to $5,500 in 2010.

The higher premiums at least partly reflect the inexorable rise of
medical costs, which is forcing Medicare to raise premiums, too.
Health insurance bills are also rising for big employers, but because
they have more negotiating clout, their increases are generally not as
steep.

Higher medical costs aside, some experts say they think the insurance
industry, under pressure from Wall Street, is raising premiums to get
ahead of any legislative changes that might reduce their profits.

- - -

Yeah, like we really truly need for-profit health insurers who rape
all of us repeatedly.

A relative works for a big retailer. Insurance cost a lot. The coverage
has a huge deductible and co payments. Next year it goes up in price
again and deductibles and co payments are even higher. Still paying on
share of cost that insurance didn't cover from treatment in early part
of year. They cut hours. Next year it will take the equivalent of 2
months pay to cover the deductible and co payments.
Another works for national chain. They cut their hours several times
this past 2 years. When their hours go below 70 in two weeks they lose
their coverage. Medical bills take half of the pay. Everybody get sick.
Now they must sacrifice food etc and forget a future due high cost of
insurance and small benefits to help fill the coffers of the super rich
that now own America.


Bingo. Meanwhile, the health insurers are gouging out 25%-40% profits.
Bendover a little further, please.


Could you claify, are those net or gross profits?