Single Payer System
- Thread starter Mr. Bill
- Start date
- 8,448
Friday, November 8, 2013
Imagine your wife sending you to the store to buy a few items. You put enough money in your pocket to fulfill the request.
On the way to the store, your sweetie calls 5 times and asks you to pick up some additional items. You get to the checkout, find your bill is $75, but you only put a $20 bill in your pocket.
This is what Kathleen Sebelius (the wife) is doing to Health Insurers (newlywed husband). Only this marriage is infinitely more hellish.
Today, HHS Sebelius imposed another expensive mandate on all U.S. health insurance companies. After all the 2014 plans have been priced, materials printed, etc.. along comes wifee Sebelius and orders them to begin covering all mental and emotional health issues 100% after a Co-pay! (Note from the article that this IS partly George Bush's fault..haha.)
Excerpt:
"Insurance companies often cover mental illness in a more limited fashion than physical illness. Now the rule will require insurers to charge similar co-payments regardless if the treatment is for physical or mental health. Deductibles and doctor visits would also be equitable, and there would be parity in outpatient services and residential treatment."
Story: Feds boosting mental health access, treatment - CNN.com
Actually, this is more like the wife telling you to buy $75 worth of stuff for $20, and don't come back home until it's done! Why do insurers endure all this abuse? They can see that the young and healthy ARE NOT signing up for ObamaCare, and WILL NOT sign up for ObamaCare, as long as the high-premium/weak-penalty ratio exists.
She wants to break the insurers, or make them get out of the business, which will leave us with Single Payer ObamaCare.
ac
Imagine your wife sending you to the store to buy a few items. You put enough money in your pocket to fulfill the request.
On the way to the store, your sweetie calls 5 times and asks you to pick up some additional items. You get to the checkout, find your bill is $75, but you only put a $20 bill in your pocket.
This is what Kathleen Sebelius (the wife) is doing to Health Insurers (newlywed husband). Only this marriage is infinitely more hellish.
Today, HHS Sebelius imposed another expensive mandate on all U.S. health insurance companies. After all the 2014 plans have been priced, materials printed, etc.. along comes wifee Sebelius and orders them to begin covering all mental and emotional health issues 100% after a Co-pay! (Note from the article that this IS partly George Bush's fault..haha.)
Excerpt:
"Insurance companies often cover mental illness in a more limited fashion than physical illness. Now the rule will require insurers to charge similar co-payments regardless if the treatment is for physical or mental health. Deductibles and doctor visits would also be equitable, and there would be parity in outpatient services and residential treatment."
Story: Feds boosting mental health access, treatment - CNN.com
Actually, this is more like the wife telling you to buy $75 worth of stuff for $20, and don't come back home until it's done! Why do insurers endure all this abuse? They can see that the young and healthy ARE NOT signing up for ObamaCare, and WILL NOT sign up for ObamaCare, as long as the high-premium/weak-penalty ratio exists.
She wants to break the insurers, or make them get out of the business, which will leave us with Single Payer ObamaCare.
ac
Last edited:
- 8,448
If the Subsidy is high enough, those with health insurance now and paying 100% of the premium, welcome the savings.
This isn't a law designed to make people who have insurance pay less, this is a law to get the uninsured to join in too.
If you ask me, there isn't enough of an inducement to make this palatable to those who don't have a reasonable expectation of incurring medical costs above and beyond the premium and deductible. $2500/year of premium is CHEAP, and that's a $5,000 deductible plan.
Those of us who reasonably expect to spend less than $7500 on medical expenses (which is a lot of people, north of 90% of insureds in a given year) would be better served by being uninsured, barring the unforeseen. This is a financial product, and for most people, it's a negative return. Why would you invest in a negative return product you don't want or need? Surely a 1% fine isn't enough to get you to throw 9.5% of your income away.
If you ask me, there isn't enough of an inducement to make this palatable to those who don't have a reasonable expectation of incurring medical costs above and beyond the premium and deductible. $2500/year of premium is CHEAP, and that's a $5,000 deductible plan.
Those of us who reasonably expect to spend less than $7500 on medical expenses (which is a lot of people, north of 90% of insureds in a given year) would be better served by being uninsured, barring the unforeseen. This is a financial product, and for most people, it's a negative return. Why would you invest in a negative return product you don't want or need? Surely a 1% fine isn't enough to get you to throw 9.5% of your income away.
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