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Insurers to take more money from middle Americans...
On Sun, 25 Oct 2009 18:35:32 -0400, Tom Francis - SWSports
wrote: On Sun, 25 Oct 2009 12:01:26 -0400, "D. Duck" wrote: Could you claify, are those net or gross profits? As usual, our resident Moonbat has his facts wrong. http://news.yahoo.com/s/ap/20091025/...alth_insurance You know, as wrong as he is on almost everything, it's a wonder he's managed to live as long as he has. If you stayed in your basement and made up stories, you'd live a long life also. But, you'd not have near as much fun as you have now, nor the relationship with your kids that you enjoy. |
Insurers to take more money from middle Americans...
On Sun, 25 Oct 2009 14:47:06 -0600, Canuck57
wrote: John H. wrote: 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. Liberals are often denialist sheep, choosing what they want to see based on emotional confusion. They often lack the rationality and experience when they shoot off and are easy prey for a "Mesiah" Obama. Too bad so many are so stupid. I must admit, I am a rare bird in that I have experienced the system first hand on both sides of the border, having lived in the USA for 10 years. So mine is one of personal experience. It's obvious. |
Insurers to take more money from middle Americans...
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Insurers to take more money from middle Americans...
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Insurers to take more money from middle Americans...
On Sun, 25 Oct 2009 20:33:30 -0400, Tosk
wrote: In article , says... 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. It's the end, not the means. It's all about redistributing tax payers wealth to folks who will vote on the promise of free gas and rent... Mostly folks who don't pay taxes... ....and get their news from Beavis and Butthead. |
Insurers to take more money from middle Americans...
On Sun, 25 Oct 2009 19:24:25 -0400, Jim wrote:
H the K wrote: On 10/25/09 6:35 PM, Tom Francis - SWSports wrote: On Sun, 25 Oct 2009 12:01:26 -0400, "D. wrote: Could you claify, are those net or gross profits? As usual, our resident Moonbat has his facts wrong. http://news.yahoo.com/s/ap/20091025/...alth_insurance You know, as wrong as he is on almost everything, it's a wonder he's managed to live as long as he has. I saw the AP piece and it gave me a good laugh. Considering all the "adjustments" that result in "net income,"I'm astonished anyone believes net income is really representative of anything. Well, anyone but Tom. Tell us what you believe in WAFA. That should be good for a laugh Obviously not mathematics and/or arithmetic, statistics or advanced economic theory. Seriously, you should feel sorry for him. It's all that force fed Union training he's had to endure. Union training is like being a detainee in Gitmo - only different. |
Insurers to take more money from middle Americans...
On 10/25/09 10:24 PM, Tom Francis - SWSports wrote:
On Sun, 25 Oct 2009 19:24:25 -0400, wrote: H the K wrote: On 10/25/09 6:35 PM, Tom Francis - SWSports wrote: On Sun, 25 Oct 2009 12:01:26 -0400, "D. wrote: Could you claify, are those net or gross profits? As usual, our resident Moonbat has his facts wrong. http://news.yahoo.com/s/ap/20091025/...alth_insurance You know, as wrong as he is on almost everything, it's a wonder he's managed to live as long as he has. I saw the AP piece and it gave me a good laugh. Considering all the "adjustments" that result in "net income,"I'm astonished anyone believes net income is really representative of anything. Well, anyone but Tom. Tell us what you believe in WAFA. That should be good for a laugh Obviously not mathematics and/or arithmetic, statistics or advanced economic theory. Seriously, you should feel sorry for him. It's all that force fed Union training he's had to endure. Union training is like being a detainee in Gitmo - only different. Ahhhh...Tom's new meds are upsetting him. |
Insurers to take more money from middle Americans...
"Keith Nuttle" wrote in message ... 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. actually financial companies were making big profits. Before the crash, Citigroup made about 35% profit. |
Insurers to take more money from middle Americans...
"John H." wrote in message ... On Sun, 25 Oct 2009 14:47:06 -0600, Canuck57 wrote: John H. wrote: 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. Liberals are often denialist sheep, choosing what they want to see based on emotional confusion. They often lack the rationality and experience when they shoot off and are easy prey for a "Mesiah" Obama. Too bad so many are so stupid. I must admit, I am a rare bird in that I have experienced the system first hand on both sides of the border, having lived in the USA for 10 years. So mine is one of personal experience. It's obvious. Yeah...for someone who has Uncle Sam looking after his health benefits. |
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