wrote in message
...
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?


We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.


"Jim" is an idiot. The ins. companies need more regulation. It's not a free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."

--
Nom=de=Plume

On Thu, 25 Mar 2010 01:51:15 -0400, wrote:

On Wed, 24 Mar 2010 10:34:53 -0700, "nom=de=plume"
wrote:

wrote in message
. ..
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?


We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.


"Jim" is an idiot. The ins. companies need more regulation. It's not a free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."


The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

There's a few factors in there worth considering. Among them, the
insurance companies are dividing 30 million new customers. There's
upside in greater volume. Many of those new customers will be younger
since they're more likely to forego insurance, pushing the median age
lower and lowering actuarial risk. Outlay/customer is likely to go
down.

The real savings for us, that is small participants, is when they
institute the exchange. That'll allow small companies like mine to
join much larger pools.

My hope is that they start looking at the business of health insurance
and establish a fair margin for their role. Same for the sheisters on
Wall Street. Some of those jerks need to be strung up by their balls
until they realize what pigs they are. Astounding how isolated and
enttiled they've become. What, leaching off poor suckers isn't good
business?

Neither provide more than transactional support. They don't make
anything and they don't add value. They skim.

wrote in message
...
On Thu, 25 Mar 2010 01:17:37 -0700, jps wrote:

The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

There's a few factors in there worth considering. Among them, the
insurance companies are dividing 30 million new customers. There's
upside in greater volume. Many of those new customers will be younger
since they're more likely to forego insurance, pushing the median age
lower and lowering actuarial risk. Outlay/customer is likely to go
down.

Since a significant number of these new "young" customers will be on
their parent's policies they do not represent any actual new revenue.
unless the parent's rate goes up.

The real savings for us, that is small participants, is when they
institute the exchange. That'll allow small companies like mine to
join much larger pools.

Let's see how that works in reality.

Well, isn't that almost always the case?

--
Nom=de=Plume

wrote in message
...
On Thu, 25 Mar 2010 11:09:56 -0700, "nom=de=plume"
wrote:

wrote in message
. ..
On Thu, 25 Mar 2010 01:17:37 -0700, jps wrote:

The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

There's a few factors in there worth considering. Among them, the
insurance companies are dividing 30 million new customers. There's
upside in greater volume. Many of those new customers will be younger
since they're more likely to forego insurance, pushing the median age
lower and lowering actuarial risk. Outlay/customer is likely to go
down.

Since a significant number of these new "young" customers will be on
their parent's policies they do not represent any actual new revenue.
unless the parent's rate goes up.

The real savings for us, that is small participants, is when they
institute the exchange. That'll allow small companies like mine to
join much larger pools.

Let's see how that works in reality.

Well, isn't that almost always the case?

The Wall Street Journal is not sanguine about the prospects.
http://tinyurl.com/ylfftph


It's an opinion piece. They're welcome to their opinion. Doesn't make it a
fact.

--
Nom=de=Plume

nom=de=plume wrote:
wrote in message

The Wall Street Journal is not sanguine about the prospects.
http://tinyurl.com/ylfftph


It's an opinion piece. They're welcome to their opinion. Doesn't make it a
fact.


Look, people are different.

http://www.youtube.com/watch?v=RpOUctySD68

There are the weak, naive rappers like you and Snoop Doggy Dog,
and there are men of force and conviction like me, gfretwell,
and John Boehner.
The vid makes it evident who is right.

Jim - Using audio visuals to drive my point home.

In article ,
says...

On Wed, 24 Mar 2010 10:34:53 -0700, "nom=de=plume"
wrote:

wrote in message
.. .
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?


We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.


"Jim" is an idiot. The ins. companies need more regulation. It's not a free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."


The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

Mumbo Jumbo really. Fact: All kids won't be covered this year
Fact: Insurance company rates are not controlled at all in this bill.
Fact: Prescriptions and pre-existing conditions will not be all covered
this year and far into the life of the bill if ever.
Fact: The Pharmas got a great big bone with the extention of generic
protections to 12 years so millions won't have access to the best
medicines and will suffer and die.
Fact: All illegal aliens will be covered as soon as congress passes a
"comprehensive" (amnesty) immigration act.
Fact: You can't add 35 million people to the medical roles and expect
them to keep up.
Fact: You can't take billions from doctors and expect better service.
Fact: You can't strip money from seniors and expect them to get better
care.
Fact: You can't save 38 billion by spending 10 trillion. Maybe they can
call it money "saved or counted" (created snerk
..... The list goes on...

Scotty

--
For a great time, go here first... http://tinyurl.com/ygqxs5v

"I am Tosk" wrote in message
...
In article ,
says...

On Wed, 24 Mar 2010 10:34:53 -0700, "nom=de=plume"
wrote:

wrote in message
.. .
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?


We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.


"Jim" is an idiot. The ins. companies need more regulation. It's not a
free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."


The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

Mumbo Jumbo really. Fact: All kids won't be covered this year
Fact: Insurance company rates are not controlled at all in this bill.
Fact: Prescriptions and pre-existing conditions will not be all covered
this year and far into the life of the bill if ever.
Fact: The Pharmas got a great big bone with the extention of generic
protections to 12 years so millions won't have access to the best
medicines and will suffer and die.
Fact: All illegal aliens will be covered as soon as congress passes a
"comprehensive" (amnesty) immigration act.
Fact: You can't add 35 million people to the medical roles and expect
them to keep up.
Fact: You can't take billions from doctors and expect better service.
Fact: You can't strip money from seniors and expect them to get better
care.
Fact: You can't save 38 billion by spending 10 trillion. Maybe they can
call it money "saved or counted" (created snerk
.... The list goes on...

Scotty

--
For a great time, go here first... http://tinyurl.com/ygqxs5v


Fact: You don't know your facts.


--
Nom=de=Plume

On Thu, 25 Mar 2010 10:06:49 -0400, I am Tosk
wrote:



Mumbo Jumbo really. Fact: All kids won't be covered this year
Fact: Insurance company rates are not controlled at all in this bill.

squeezed out on a technicality...due to the GOP screwing the middle
class

Fact: Prescriptions and pre-existing conditions will not be all covered
this year and far into the life of the bill if ever.
Fact: The Pharmas got a great big bone with the extention of generic
protections to 12 years so millions won't have access to the best
medicines and will suffer and die.

uh what? they get health insurance including drug coverage and this
means they wont get coverage?

do you read what you write?

Fact: All illegal aliens will be covered as soon as congress passes a
"comprehensive" (amnesty) immigration act.

uh no. the bill specifically excludes this

Fact: You can't add 35 million people to the medical roles and expect
them to keep up.

sure you can. you just want them to die.

Fact: You can't take billions from doctors and expect better service.

actually they got a raise

Fact: You can't strip money from seniors and expect them to get better
care.

we're not going to get better anyhow. that's what happens when we get
old

Fact: You can't save 38 billion by spending 10 trillion. Maybe they can
call it money "saved or counted" (created snerk
.... The list goes on...

Scotty

and you can't control healthcare by letting insurance companies do
double digit increases with no alternatives for american citizens.

if the GOP hadn't screwed with the process, alot of these problems
could have been addressed

but they're social darwinists

wrote in message
news
On Wed, 24 Mar 2010 10:34:53 -0700, "nom=de=plume"
wrote:

wrote in message
. ..
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?


We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.


"Jim" is an idiot. The ins. companies need more regulation. It's not a
free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."


The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.

Not completely. The prices are enhanced/determined by a group of people with
one thing in mind... profit.

They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

It's a simple business that has no business involved in healthcare
decisions. Profit and people's health are not really compatible.

--
Nom=de=Plume

On Thu, 25 Mar 2010 14:40:26 -0400, wrote:




This is no big secret, they are publicly traded companies.
The profit margin for insurance companies is in the 3-4% range. That
is far less than the fraud and abuse rate in government programs.
It is also lower that the medical conglomerates and pharmaceutical
companies that just got a huge stimulus.

and 30% of their revenue is for administrative costs

vs less than 10% for govt programs