"Don White" wrote in message
...

"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.


And he earned it the hard way. Not sitting in a crown corporation office.
Probably some who served with him are on "The Wall".

Bill McKee wrote:
"Don White" wrote in message
...
"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.


And he earned it the hard way. Not sitting in a crown corporation office.
Probably some who served with him are on "The Wall".


Donnie had an office? I thought he worked out on the bottle capping line.

In article , says...

Bill McKee wrote:
"Don White" wrote in message
...
"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.


And he earned it the hard way. Not sitting in a crown corporation office.
Probably some who served with him are on "The Wall".


Donnie had an office? I thought he worked out on the bottle capping line.

Well, the line is pretty clean. He needed a place to sit between runs
with the broom and the occasional clean up in section 5...

On Oct 25, 8:03*am, 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.- Hide quoted text -

- Show quoted text -

Spouting rhetoric. Please show the numbers.

On Oct 26, 1:58*am, "Bill McKee" wrote:
"Keith Nuttle" wrote in message

...





Don White wrote:
"H the K" wrote in message
news:edydnUtWfccKo3nXnZ2dnUVZ_oli4p2d@earthlink. com...
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%obamaslide during the first
three months of this year.

actually financial companies were making big profits. *Before the crash,
Citigroup made about 35% profit.- Hide quoted text -

- Show quoted text -

And now they want to make it up by charging 29.99% interest. BOA is
following suit.

This discourages credit card use, which is a good thing. But as
always, they miss the big picture. It's easy to turn this around.

Pay off your cards or transfer the balance. If it is a no-fee card,
keep it. Use it to make a very small purchase such as a $1.00 pack of
gum every month. Get the statement in the mail and pay the bill
online.

On Tue, 27 Oct 2009 08:04:41 -0700 (PDT), "Sure, Not"
wrote:

Use it to make a very small purchase such as a $1.00 pack of
gum every month.

To those of us raised on 5 cent gum, a buck doesn't seem very small.
A paperback, a magazine, a gallon of gas, a pack of cigs, all a
quarter.

Casady

On Tue, 27 Oct 2009 07:46:50 -0700 (PDT), "Sure, Not"
wrote:

On Oct 25, 8:03*am, 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.- Hide quoted text -

- Show quoted text -

Spouting rhetoric. Please show the numbers.

He can't. Like most **** spewed by liberals, it's just that.

http://tinyurl.com/ylp3pbe

On Tue, 27 Oct 2009 08:04:41 -0700 (PDT), "Sure, Not"
wrote:

On Oct 26, 1:58*am, "Bill McKee" wrote:
"Keith Nuttle" wrote in message

...





Don White wrote:
"H the K" wrote in message
news:edydnUtWfccKo3nXnZ2dnUVZ_oli4p2d@earthlink. com...
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%obamaslide during the first
three months of this year.

actually financial companies were making big profits. *Before the crash,
Citigroup made about 35% profit.- Hide quoted text -

- Show quoted text -

And now they want to make it up by charging 29.99% interest. BOA is
following suit.

This discourages credit card use, which is a good thing. But as
always, they miss the big picture. It's easy to turn this around.

Pay off your cards or transfer the balance. If it is a no-fee card,
keep it. Use it to make a very small purchase such as a $1.00 pack of
gum every month. Get the statement in the mail and pay the bill
online.

Get a card from a credit union. Many of them are giving rebates for
usage. Mine gives me:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card
during each billing cycle

Pay the balance every month and save money at the same time. I even
put the travel trailer on it. Got over $200 back.

On Oct 27, 5:55*pm, John H. wrote:
On Tue, 27 Oct 2009 08:04:41 -0700 (PDT), "Sure, Not"





wrote:
On Oct 26, 1:58*am, "Bill McKee" wrote:
"Keith Nuttle" wrote in message

...

Don White wrote:
"H the K" wrote in message
news:edydnUtWfccKo3nXnZ2dnUVZ_oli4p2d@earthlink. com...
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%obamaslide during the first
three months of this year.

actually financial companies were making big profits. *Before the crash,
Citigroup made about 35% profit.- Hide quoted text -

- Show quoted text -

And now they want to make it up by charging 29.99% interest. *BOAis
following suit.

This discourages credit card use, which is a good thing. *But as
always, they miss the big picture. *It's easy to turn this around.

Pay off your cards or transfer the balance. *If it is a no-feecard,
keep it. *Use it to make a very small purchase such as a $1.00 pack of
gum every month. *Get the statement in the mail and pay the bill
online.

Get a card from a credit union. Many of them are giving rebates for
usage. Mine gives me:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with thecard
during each billing cycle

Pay the balance every month and save money at the same time. I even
put the travel trailer on it. Got over $200 back.- Hide quoted text -

- Show quoted text -

Only if you paid it off immediately.

On Wed, 28 Oct 2009 08:02:50 -0700 (PDT), "Sure,Not"
wrote:

On Oct 27, 5:55*pm, John H. wrote:
On Tue, 27 Oct 2009 08:04:41 -0700 (PDT), "Sure, Not"





wrote:
On Oct 26, 1:58*am, "Bill McKee" wrote:
"Keith Nuttle" wrote in message

...

Don White wrote:
"H the K" wrote in message
news:edydnUtWfccKo3nXnZ2dnUVZ_oli4p2d@earthlink. com...
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%obamaslide during the first
three months of this year.

actually financial companies were making big profits. *Before the crash,
Citigroup made about 35% profit.- Hide quoted text -

- Show quoted text -

And now they want to make it up by charging 29.99% interest. *BOAis
following suit.

This discourages credit card use, which is a good thing. *But as
always, they miss the big picture. *It's easy to turn this around.

Pay off your cards or transfer the balance. *If it is a no-feecard,
keep it. *Use it to make a very small purchase such as a $1.00 pack of
gum every month. *Get the statement in the mail and pay the bill
online.

Get a card from a credit union. Many of them are giving rebates for
usage. Mine gives me:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with thecard
during each billing cycle

Pay the balance every month and save money at the same time. I even
put the travel trailer on it. Got over $200 back.- Hide quoted text -

- Show quoted text -

Only if you paid it off immediately.

Absolutely. Pay the balance every month. Amen.