All health insurance…
I know from personal experience. For years I had a $10,000 deductible, and the insurance cost me plenty, too.
The New Neo
A blog about political change, among other things
I know from personal experience. For years I had a $10,000 deductible, and the insurance cost me plenty, too.
What they called health whatever, was always going to be a wealth redistribution scheme. It was the elite’s plan to keep the good medical resources via rationing and ensuring that only the top got it, like the gold and platinum plated plans for Congress critters. But since medical resources and talent are rare, that means if the poor or the middle class could pay for them, it would get used up. The elites weren’t going to allow that. So they were always going to redistribute the resources, by stopping people from using the resources via sumptuary laws.
Since that’s what people wanted, that’s what they got. If they were too stupid to know what it was they were wanting… well that’s on the retards then.
Democracy is the theory that the common people know what they want and deserve to get it good and hard. H. L. Mencken
Young people should be allowed to have high-deductible emergency only policies. Forcing them to buy full plans when most of them will hardly ever use it is WRONG!
I remember when I was dropping off my parents’ plan in grad school. I bought a $1000/year policy that was for catastrophic coverage only. I never used it, but it gave me peace of mind. I had that policy until I found full-time employment about 9 months later. It was good stop-gap coverage.
Now those policies are illegal. So stupid.
Just phase 2. First you have to have it… now the push for coverage they want you to have…
Blowing past the failures of phase 1 like nothing happened. Gotta admire it.
2nd KE’s comment.
But anything that doesn’t make the true costs of care visible and bring the “fine acids” (to use Jefferson’s term) of the marketplace to all non-emergency care will fail to resolve the problems, as the issues with the current medical system are WAY bigger than just the insurance system. (I was going to link to Dr. Rich Fogoros Covert Rationing Blog, but it looks like it’s disappeared. 🙁
Frankly, with the various governments purchasing >45% of all care, Reagan was right Government IS the problem.
I should mention that I have a Plan ‘B’ in the form of:
(1) Darling Daughter who just graduated Med school a couple of weeks ago, and
(2) Son-in-Law who will graduate from DO school in two weeks.
While I hope I don’t ever need their chosen specialties (Ob-Gyn and Trauma Surgery respectively) having moles inside the system should help. Especially if I help them with their loans 🙂
As currently formulated there is no health “insurance”.
What they call insurance is a wealth transfer from the young, who rarely get sick, to the old who all will get sick.
Health insurance is an oxymoron. Health is a personal condition, not a commodity or service you can buy. That being the case you can’t buy health insurance or health care.
Health insurance used to be different. When you needed to see the doctor you would just go and write him a check when you left. Then you would send a copy of the bill (stamped “PAID”) to the insurance company and they would reimburse you 100%. But we’re much more advanced now… /sarc
This should be on every media outlet. Many people warned about the impact of excessive copays; high deductibles; and high premiums (without the subsidies). Some people are just fools; some believe the government will give them something for nothing; and some were just terrified at losing their health plans.
I managed employee health insurance in a public school district. The predominant attitude was “Don’t worry – the insurance company will pay. It was a rude awakening when they found that, yes, the insurance company pays and then passes the payments onto the employer. High costs mean they pay higher premiums. I convinced teachers (a very tough group with limited knowledge of insurance) that lower premiums meant less money out of their pockets. Also, my main sales pitch was that they needed insurance plans tailored to their NEEDS. The typical indemnity plan was geared to a 50 year old couple with two children. Older teachers did not need orthodontics, obstetrics, etc. Younger teachers needed and could afford only basic coverage with low premium and high deductible.
Obamacare, with all of its lies and deceptions makes everyone fit into the same overblown coverage package with no cost constraints
The key solution includes Health Savings Accounts; severe reduction in statre coverage mandates; and (I really hate to say this) government negotiated drug prices
KE – You can get a temp policy from Blue Cross in IL for about $100 per month. Best deal going. But you need to either cancel it or step up to a full blown policy after 11 months. It is meant as a stop-gap for new graduates, those who are between jobs, etc.
Soviet of Washinton:
Your relatives will bear a disproportionate burden of the disaster that is Obamacare. The people that really save lives and do the work don’t get paid anywhere near their value. Especially when compared to the hospital-insurance-Big Pharma complex. FLOTUS was knocking down $300k per year doing nothing at the University of Chicago hospital.
And to remind everyone again, Ben Nelson was the 50th vote on Obamacare and now he is the insurance industry’s top lobbyist in DC.
I’d be surprised if he made less than $3m per year.
The ruling class have a grip of iron when it comes to squeezing money from the peasants, but their socialist dogma preaches about equality and people paying into the pot.
I suppose the pot is now somebody’s wallet or rather it always was.
G6loq Says:
“As currently formulated there is no health “insurance”.
What they call insurance is a wealth transfer from the young, who rarely get sick, to the old who all will get sick.”
and this is the squeeze to say they can’t do high deductible plans in response….
Good to know limited term cheap-o policies are still available. Thanks, Ymarsakar.
Funny how you can base car insurance rates off of someone’s driving history (number of tickets, number of accidents, etc.) but can’t do that with health insurance! Not sure why one is ‘fair’ and the other is not.
The only solution that I think would work: make health insurance ONLY for catastrophic illness/injury. The rest we pay out of pocket. Once you get the insurance companies out of your regular doctor’s visit, prices will normalize. Doctors can offer different prices to patient’s with a different economic situation.
If lawyers do pro bono work, then doctors could do the same. Each doctor takes on a certain percentage of the ‘poor’ who must pay *something* for their care on a sliding scale.
PS
high deductible plans are not always bad deals either. When you crunch the numbers; the difference in monthly cost usually significantly helps offset most of the deductible…
… If lawyers do pro bono work, then doctors could do the same. Each doctor takes on a certain percentage of the ‘poor’ who must pay *something* for their care on a sliding scale….
YES! or else …
“We’re going to take things away from you on behalf of the common good.” Hitlery