Healthcare overhaul won't stop premium increases - latimes.com
Is this what Obama and the Democrats wanted?
Is this what Obama and the Democrats wanted?
A single person paying 4000 a year of health insurance? Wow. Up in "Commie healthcare land" nobody pays anywhere near that much. That's too bad.Why would it insurance companies helped to write the bill. It's going to make them a ton of $$$.
They can take up to 8% of you're income. So a single person making $50,000 a year could pay upwards of $4,000 a year for health care.
And the 16,500 more IRS agents they're hiring are going to help inforce it. Better be extra careful when you do you taxes, expect a lot more audits.
A single person paying 4000 a year of health insurance? Wow. Up in "Commie healthcare land" nobody pays anywhere near that much. That's too bad.
#1: but its the rich people, so who cares.I don't know about the tax structures of commieworld countries but I imagine that since it does come out of taxes, there are indeed a lot of people paying $4000 and over per year for their health coverage.
be aware that I said 'commieworld' in jest
What the health care bill did was give insurance companies a free pass to raise insurance rates as much as they want, because people have to either buy insurance from them or pay a "fine". When people decide that paying the fine is cheaper they'll not buy insurance then the fine will go up then insurance rates will go up even more.
Healthcare overhaul won't stop premium increases - latimes.com
Is this what Obama and the Democrats wanted?
Healthcare overhaul won't stop premium increases - latimes.com
Is this what Obama and the Democrats wanted?
The provision that may have kept premiums down was jettisoned. That of course being the public option to compete with private insurors. As the law currently provides, by 2014, individuals and small employers will purchase coverage through exchanges, run by states (or consortia of states.) Carriers will have to compete with each other in these exchanges, which could keep premiums down somewhat. The law also appropriated funds to allow consumer groups to form non-profit co-ops which can sell qualified plans through the exchanges. IIRC, by 2017, all employers will obtain coverage through the exchanges, which in theory can use the buying power of big companies to keep prices down. The law gives the exchanges oversight of health plans in areas like consumer protection and rate reviews, but I'm not sure exactly how much teeth they have.
The law is a compromise. The public option was a no-go. But it attempts a free market/competition approach to keeping premiums down. But this doesn't kick in fully for 3 1/2 more years, so it's business as usual for a while. As I've posted before, my preference is for a single-payer, non-profit catastrophic plan whose rates are regulated like a public utility.
I'd like to point out a bit of conservative schizophrenia on the issue of rising health care costs. On the one hand, conservatives say that any kind of price controls, or any lowering of medicare payments for example, will just out doctors out of business. But at the same time, they say if we had more competition in healthcare as a result of people paying their own bills or through using high deductible plans, it would force prices down. What I don't get is how these aren't mutually incompatible beliefs? If lowering prices will necessarily put doctors out of business, then competition can't lower prices because there is no room to lower them.
I'd like to point out a bit of conservative schizophrenia on the issue of rising health care costs. On the one hand, conservatives say that any kind of price controls, or any lowering of medicare payments for example, will just out doctors out of business. But at the same time, they say if we had more competition in healthcare as a result of people paying their own bills or through using high deductible plans, it would force prices down. What I don't get is how these aren't mutually incompatible beliefs? If lowering prices will necessarily put doctors out of business, then competition can't lower prices because there is no room to lower them.
Because most serious health care procedures cost a good deal more than most people have the capacity to pay, so they pool risk.
The whole Doctors going out of business is nonsense. Even if prices came down (which they wont under this bill) doctors would still be making a very nice living. Its not like theres a ton of $150k-$200k+ jobs available.
And if any doctors did go out of business it would be the primary care physicians who are way over paid and the many of what they do is useless. If you go them with a sickness all they do is look in a book and prescribe you the latest drug, after spending a whole 2 minutes with you. A nurse could do that. And if you have an injury, lets see a knee that needs surgery, and you have an HMO all these doctors do is waste youre time before you can see the orthopedic doctor who can actually do something.
I say this based on all my experiences and experiences of people I know.
Lol. Primary care doctors do the most work and are the least paid. They tend to work crummy hours compared to specialists too. Would you trust a nurse to decide if you need some Motrin or an orthopedic consult as much as you do a Primary care doc? Face it, primary care physicians do a lot of grunt work in healthcare.