If Elected, Will Pres Romney Repeal Health Reform?

[shepnerd]

Nope, if they made sense from a financial perspective, then the private sector could do it.

It has to make sense from a humane perspective. This has to balance the perspective of you take something someone owns (usually via taxes) to give to someone who needs but did not earn. We have now moved from need to wants though.

Dan

This is exactly right. As a society we shouldn't let people die that could be treated. And lets face it, the insurance companies do some shady stuff if left on their own. The key is what is the most efficient way to do things and what we are willing to give as BASIC treatment. Saying every citizen has a "right" to any medication and/or treatment that comes out, no matter what the cost is lunacy.

This is not a 'right', though, its charity. You have a right to life, liberty, and the pursuit of happiness. You do not (and can not in a free society) have a right to another person's labor and/or possessions.

 

[somarco]

"Basic" health insurance isn't insurance any more than basic car maintenance is an item that should be covered by insurance.

Over the last 25 yrs or so we have created a mindset that you cannot afford basic health care unless you have insurance. Until copay's were introduced in employer plans, you paid for your basic doc and Rx costs and saved your receipts until you hit your deductible.

Some plans had high deductibles of $300 - $500 before the plan paid anything.

Those deductibles would be the equivalent of $3000+ today. Plans that too many people feel are not worth having.

Studies show that many women will not get a mammogram if they have to pay more than $25.

What kind of nonsense is that?

There is no logical or financial reason for health insurance paying for any health care below a $2500 deductible, but try and put that genie back in the bottle.

 

[shepnerd]

"Basic" health insurance isn't insurance any more than basic car maintenance is an item that should be covered by insurance.

Over the last 25 yrs or so we have created a mindset that you cannot afford basic health care unless you have insurance. Until copay's were introduced in employer plans, you paid for your basic doc and Rx costs and saved your receipts until you hit your deductible.

Some plans had high deductibles of $300 - $500 before the plan paid anything.

Those deductibles would be the equivalent of $3000+ today. Plans that too many people feel are not worth having.

Studies show that many women will not get a mammogram if they have to pay more than $25.

What kind of nonsense is that?

There is no logical or financial reason for health insurance paying for any health care below a $2500 deductible, but try and put that genie back in the bottle.

I agree 100%. We've redefined insurance in the healthcare field and you can tell it when you talk to people. They use the term completely out of context.
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I've literally shown the math to people where WORST CASE they'd be saving thousands a year on an HSA and they want to buy a plan with copays because they didn't want to pay more than $25 when they went to the doctor...

I also remember well a stock broker who wouldn't listen to the math because he didn't want to scrimp on healthcare for his family. I couldn't get it across to him that his deductible didn't matter to the doctor.

 

[Yagents]

I also remember well a stock broker who wouldn't listen to the math because he didn't want to scrimp on healthcare for his family. I couldn't get it across to him that his deductible didn't matter to the doctor.

When I sell an HSA, I tell my clients that in no way am I changing their access or quality of the healthcare they will receive (same doctors, same advice), I am only changing the way you "pay" for your healthcare. It seems to sink in.

 

[somarco]

I've literally shown the math to people where WORST CASE they'd be saving thousands a year on an HSA and they want to buy a plan with copays because they didn't want to pay more than $25 when they went to the doctor..

When I was actively selling health insurance most of my clients ended up buying an HSA . . . probably 85% of them.

First I would ask what their copay's were for tires, brakes and oil changes. This was followed with, "Do you have any idea how expensive car insurance would be if it actually had copay's?"

Once I made my point we would transition to health insurance.

Next I showed a plan design with all the things they wanted, then put an HDHP beside it.

Then I said, let's see how these policies compare when the truck runs over you and you end up in the hospital with a $100k bill.

The OOP on the HDHP, even with a higher deductible, was less than the copay plan they wanted AND it had a lower premium.

Very few people wanted the copay plan after showing the amount at risk + the premium savings.

 

[Dave020]

At least in CA HDHP values (premium savings) are pretty much gone for IFP and small group. The carriers with a real PPO network are pricing their HSA PPO plans at or above the premium for co-pay plans nowadays.

 

[TXINSURANCE]

Until PCIP gives me my $100 spiff back it does not exist in my mind. My tax dollars are going to reward only those with no insurance in the past 6 months who are uninsurable but it is the $100 spiff breaking the bank? BS!!!

 

[Yagents]

Had to share this video in case you hadn't seen it. Quite funny.....and scary. Reagan vs. Obama - Social Economics 101

Reagan Vs. Obama - Social Economics 101 - YouTube