Hints of higher health premiums in 2015

Ricter said:
You cannot refute the fact that on average in the US premiums have gone up 131% in 20 years with the fact that yours have not gone up.
More...

Damn, this isn't rocket science.

First, there are many people like me who chose to change insurers if their premiums went up more than they were comfortable with. I'm not the sole individual in this country who avoided large increases.

Next, we can play lots of games with statistics. The 131% .. how was it arrived at? Did all age groups go up 131%? Over 20 years I would suspect older people experienced higher rate increases as a percentage than younger (i.e. healthier) people. So did they take an average of every age ... from 21 to 65 (or higher)? Did they include everyone, from individuals to corporations in the study? Did they include Cadillac plans and high deductible policies? If so, was the average a weighted average based on the number of individuals in each (every) age group? I won't go on and on .... but with whatever raw data they used I bet I could come up with hundreds of different results as to what the percentage increase was over that time period.

Last, 131% isn't all that much over 20 years. It's just over 4% compounded whereas my rates have gone up just 1.5%.
 
Bailout or not it's still a ton of $$$ that will be thrown at insurance companies by Odumbo & Co. in all likelihood.

http://blogs.marketwatch.com/health...acare-bailout-but-hhs-says-thats-nothing-new/

And when one looks at all the $$$$ spent to date ... and we have a net of 1.75 newly insured under Odumbocare based on the 74% of 8 million who previously had coverage and 83% of the remaining 26% gave a net 22%. If one thinks of the net cost over all the expense to date for each 'new' insured person it's astronomical.

And some humor ....

http://www.youtube.com/embed/tLtssFSzFlE
 
bigarrow said:
Hey genius the article said in the last 10 years.
http://business.time.com/2009/09/16/health-insurance-premiums-up-131-in-last-ten-years/

Health Insurance Premiums Up 131% in Last Ten Years
More...

Then tell that to Richter .... here's his post:

You cannot refute the fact that on average in the US premiums have gone up 131% in 20 years with the fact that yours have not gone up.

OK genius .... I was just quoting one of your buddies.

And a quote in your link says:

Today, the average cost of a family health insurance offered by an employer is $13,375.

That's fairly cheap. $1000 per month for a FAMILY. With Odumbocare a couple can be quoted that much as my wife and I were.

If some of you bozos would actually THINK you'd realize that employers, which was the total focus of this article, are in fact passing on more costs to employees. No more $250/year deductibles. Why offer Cadillac plans when employees take them for granted and run to the doctor for a sniffle. And yet 2/3 of the country is overweight or obese. If I were a CEO I'd offer incentives to employees .. and penalize the slobs. Thus .... the 131% increase isn't surprising. I suspect if you looked at policies for people who buy their own you'd see a much smaller increase.
 
Good thing you didn't bet $500,000 on that. That would hurt even for a rich genius like you. LOL you're a damn babbling idiot !!!
 
bigarrow said:
Good thing you didn't bet $500,000 on that. That would hurt even for a rich genius like you. LOL you're a damn babbling idiot !!!
More...

WHY? My original wager still stands. Wanna take it?

Go see posts #4 and #5 on this thread.

Put up or shut up .... I'm willing to put my $$$$where my mouth is. Why aren't you?
 
bigarrow said:
Hey DH, you really shouldn't shoot from the hip like you do. And you responded to my post above. You really are a basket case DH.
More...

Sorry I can't comprehend your drivel above.

I don't shoot from the hip. I stated FACTS. Which of those facts do you wanna challenge?

I previously stated I questioned your reading comprehension .. and I still do.

You're welcome to keep up with your rants -- never mind they add absolutely nothing of content to the topic. Then go back and re-read my posts regarding my insurance premiums versus this supposed 131% stuff. I posted to Richter all the variables that were not spelled out. Further, it was for company insurance and anyone with an IQ over 80 (maybe that excludes you) knows that companies are passing on MORE of the costs to employees, in the way of more shared premiums and/or higher deductibles. Thus, one with the most basic math background knows that premiums themselves did not go up 131%. Total cost may have gone up that amount but that's then comparing apples to oranges for if a company used to offer a $250 deductible and now has $1000 that increases the employee portion. Further, if they ask the employe to pay more of the premium then that's an additional component. This isn't all that tough to comprehend. Or have you fallen off a roof and hit your head?
 
Employers to Dump 90% of Health Care Plans: Thanks, ObamaCare!

There are many problems with the employer-provided health insurance model. It was first implemented as a way to get around FDR’s wage controls during the Great Depression, and by all rights should never have existed in the first place. Tying health insurance to employment. instead of a system that favors individual plans purchased by individuals. is awkward, inefficient, and in many cases unjust.

However, a shift from corporate control to government control is far, far worse. With an employer, workers at least have some degree of choice. If you are dissatisfied with your health coverage, you can either purchase an individual policy or search for another job with better coverage. Under government control, many people have no such option. They are locked into a monopolistic system that fails to account for individual wants and needs.

Obama famously promised that if you like your health insurance plan, you would be able to keep it. We have already seen that for millions of people, this was a flat out lie. The extent to which ObamaCare would be disruptive to existing health insurance plans, however, may have been underestimated by even the law’s greatest skeptics.

A new study from S&P Capital IQ concludes that, due to the rising cost of health insurance, employers will be dropping coverage in droves over the next few years. By 2020, the authors estimate, roughly 90 percent of workers currently covered by their employers will have been dropped and transferred to the ObamaCare exchanges....

http://www.freedomworks.org/content/employers-dump-90-health-care-plans-thanks-obamacare
 
You must log in or register to reply here.
Back
Top