Page 1 of 2 12 LastLast
Results 1 to 10 of 17
  1. #1
    poult is offline Asst. Coach
    Join Date
    Dec 1969
    Posts
    631

    a question for adults

    my work is telling me that health insurance is going to go up by 38%, have any of you seen an increase like that lately? i may just drop it at work and go to a plan outside of work. that seems like a drastic increase to me.

    just wondering if anyone else has been hit up like that.
    "the only diffrence between suicide and martyrdom is the press coverage"
    Tender Branson

  2. #2
    little redhead is offline Asst. Coach
    Join Date
    Dec 1969
    Posts
    638

    a question for adults

    I don't know about the percentage of increase but I know when they rolled out our benefits plan for this year that the insurance costed quite a bit more per paycheck and the level of coverage isn't as good. So it costs more for crappy insurance. So I think unfortunately it is a trend. These insurance companies are all thieves.

  3. #3
    snowinapril's Avatar
    snowinapril is offline Jersey Retired
    Join Date
    Dec 1969
    Posts
    13,404

    a question for adults

    In TX, all the state employees had to cover more of the cost of health insurance. Budget cuts, the cost monthly was almost double.

    It is a continued trend by employers to screw the people working for them so they can make more profit. So the big wigs don't have to cut their own salaries.

    Think twice before voting next week.

  4. #4
    LosAngelis's Avatar
    LosAngelis is offline Team Alumni
    Join Date
    Dec 1969
    Posts
    2,735

    a question for adults

    I'm on my negotiations committee, and the rates the previous four years (prior to last year) were all in the 30's%.

    However, last year it was only around 12%.

    WOuldn't suprise me if it was back up in that area, though you need to check what benefits you are getting. Deductables and premiums are biggies.
    Have you ever seen a race of turtles, and they all go the wrong way instead of towards the finish line?

    Welcome to the NFC North.

  5. #5
    josdin00's Avatar
    josdin00 is offline Ring of Fame
    Join Date
    Dec 1969
    Posts
    3,619

    a question for adults

    Health care is probably the second most regulated industry next to nuclear power. Each state puts regulations into effect setting how much money an insurance company makes in their state. This usually comes in the form of putting minimums on a company's loss ratio (claims paid divided by premium earned). When you take those minimums into account, and add in a company's general expenses, as well as the commissions they have to pay the insurance agents, the insurance companies probably only make 2%-5% in a given state. That should be closer to the 2% mark in Minnesota. That's one of the stricter states.

    In other words, the reason that your insurance costs go up is because heath care costs more, not because insurance companies want to make more per person. Pretty much the only way the insurance companies can make more money is by selling to more people. The states don't allow insurance companies to raise rates indiscriminately. In fact some companies have had to stop selling in some states because the state won't let them raise rates enough to keep up with the rising cost of health care.

    Poult, Milwaukee is one of the worst cities to be in right now in regards to health care costs. They're rising at an extreme rate. I tend to blame Aurora Health Care for a bunch of that. Since you live in the brew city, you probably live near an Aurora Health Care facility. They're springing up all over the place. Did you know that they are a non-profit organization? That sounds noble. A non-profit heath care organization. However, they've been adding million dollar atriums, and building new facilities to get rid of their profit, instead of lowering prices. Therefore the costs in Milwaukee keep going up, as other facilities add these features to keep up.

    I don't say they're entirely to blame, but it is an example of the real reason behind the rise in health care costs. Consumers never see the true cost of the services they buy. They get a cold, and pay a $20 co-pay to the doctor so the doctor can tell the patient that it's a cold. They never see the $500 the doctor charges the insurance company for that visit.

    People tend to say that they want nothing but the best when it comes to there health. That's understandable, but the best costs a lot now. There needs to be a limit put on punitive damages in malpractice suits, so the doctors can afford to charge less. And there needs to be regulations regarding up-front disclosure of the costs of services rendered at health care facilities so that consumers can make educated choices to keep their health care costs, and therefore their insurance premiums, down.

  6. #6
    cajunvike's Avatar
    cajunvike is offline Jersey Retired
    Join Date
    Sep 2004
    Posts
    32,063

    a question for adults

    "josdin00" wrote:
    Health care is probably the second most regulated industry next to nuclear power. Each state puts regulations into effect setting how much money an insurance company makes in their state. This usually comes in the form of putting minimums on a company's loss ratio (claims paid divided by premium earned). When you take those minimums into account, and add in a company's general expenses, as well as the commissions they have to pay the insurance agents, the insurance companies probably only make 2%-5% in a given state. That should be closer to the 2% mark in Minnesota. That's one of the stricter states.

    In other words, the reason that your insurance costs go up is because heath care costs more, not because insurance companies want to make more per person. Pretty much the only way the insurance companies can make more money is by selling to more people. The states don't allow insurance companies to raise rates indiscriminately. In fact some companies have had to stop selling in some states because the state won't let them raise rates enough to keep up with the rising cost of health care.

    Poult, Milwaukee is one of the worst cities to be in right now in regards to health care costs. They're rising at an extreme rate. I tend to blame Aurora Health Care for a bunch of that. Since you live in the brew city, you probably live near an Aurora Health Care facility. They're springing up all over the place. Did you know that they are a non-profit organization? That sounds noble. A non-profit heath care organization. However, they've been adding million dollar atriums, and building new facilities to get rid of their profit, instead of lowering prices. Therefore the costs in Milwaukee keep going up, as other facilities add these features to keep up.

    I don't say they're entirely to blame, but it is an example of the real reason behind the rise in health care costs. Consumers never see the true cost of the services they buy. They get a cold, and pay a $20 co-pay to the doctor so the doctor can tell the patient that it's a cold. They never see the $500 the doctor charges the insurance company for that visit.

    People tend to say that they want nothing but the best when it comes to there health. That's understandable, but the best costs a lot now. There needs to be a limit put on punitive damages in malpractice suits, so the doctors can afford to charge less. And there needs to be regulations regarding up-front disclosure of the costs of services rendered at health care facilities so that consumers can make educated choices to keep their health care costs, and therefore their insurance premiums, down.
    Better yet, allow the punitive damages to be assigned by the judges based on the severity of the case and then placed in a public fund to support better health care for those who have a hard time getting it...doctors who screw up should not be able to walk away with a slap on the wrist...at some point it should be OK for bad doctors to have to close up shop...trust me, there will be more to take their place.
    BANNED OR DEAD...I'LL TAKE EITHER ONE

  7. #7
    snowinapril's Avatar
    snowinapril is offline Jersey Retired
    Join Date
    Dec 1969
    Posts
    13,404

    a question for adults

    socialist medicine is going to be here in the next 15 yrs

    It is already costing tax payer money to take care of the people that don't have it. It might as well be handled straight across the board.

  8. #8
    Viking_Spirit is offline Star Spokesman
    Join Date
    Dec 1969
    Posts
    1,891

    a question for adults

    "snowinapril" wrote:
    socialist medicine is going to be here in the next 15 yrs
    No way that's gonna happen, and there's no way I'm gonna stand for it. Socialist medicine has been a faliure in almost every country it's been instituted in, and there's no reason to have it here.

    Hopefully you weren't just advocating it in your post.

    Guns don t kill people. Chuck Norris kills people.

  9. #9
    SKOL's Avatar
    SKOL is offline Ring of Fame
    Join Date
    Apr 2004
    Posts
    3,735

    a question for adults

    I own a company in Minnesota, and find that I have to change health care providers every couple of years. Somehow the insurance companies can start us off at a reasonable rate, but they just automatically raise their rate every year thereafter by 20%. You can take a hit the first year, but after that forget it, time to shop around. We've seriously considered just going with a catastrophe insurance that picks up after the first $10,000 per employee and family member, and just having the company cover ALL health care expenses for anything below that. We could probably cover anything bought in a pharmacy, from shaving cream to foot spray, and still come out ahead.

    The true measure of a man is how he treats someone who can do him absolutely no good -Samuel Johnson - lexicographer
    The word genius isn t applicable in football. A genius is a guy like Norman Einstein - Joe Theisman

  10. #10
    josdin00's Avatar
    josdin00 is offline Ring of Fame
    Join Date
    Dec 1969
    Posts
    3,619

    a question for adults

    "cajunvike" wrote:
    Better yet, allow the punitive damages to be assigned by the judges based on the severity of the case and then placed in a public fund to support better health care for those who have a hard time getting it...doctors who screw up should not be able to walk away with a slap on the wrist...at some point it should be OK for bad doctors to have to close up shop...trust me, there will be more to take their place.
    I believe that there are review boards that can revoke your right to practice medicine within their state. A doctor with multiple valid malpractice suits against them, or a doctor who has shown an utter lack of moral judgement even in one case*, should have to go to these boards for review. I don't want bad doctors to get off with only a slap on the wrist. I want the cap on punitive damages in place for the cases where a patient goes to the doctor for the flu, and the doctor doesn't run the test to discover that the patient has cancer, therefore the patient sues for malpractice. I've heard of cases like this being won by the patient, who then gets millions from the doctor who didn't do anything wrong.

    "SKOL" wrote:
    I own a company in Minnesota, and find that I have to change health care providers every couple of years. Somehow the insurance companies can start us off at a reasonable rate, but they just automatically raise their rate every year thereafter by 20%. You can take a hit the first year, but after that forget it, time to shop around. We've seriously considered just going with a catastrophe insurance that picks up after the first $10,000 per employee and family member, and just having the company cover ALL health care expenses for anything below that. We could probably cover anything bought in a pharmacy, from shaving cream to foot spray, and still come out ahead.
    That may have something to do with state laws that allow insurance companies to exclude pre-existing conditions from coverage for the first year of coverage. I'm not sure what the specific laws in Minnesota say, but that might be part of it.

Page 1 of 2 12 LastLast

Similar Threads

  1. Question
    By neilyn in forum Tix & Such
    Replies: 3
    Last Post: 10-22-2008, 06:20 AM
  2. FA Question
    By COJOMAY in forum Vikings Fan Forum
    Replies: 5
    Last Post: 12-26-2007, 09:41 AM
  3. Question
    By enlvikeman in forum Fantasy Football Talk
    Replies: 7
    Last Post: 11-27-2005, 07:35 AM
  4. QUESTION...
    By bono in forum General NFL Discussion
    Replies: 3
    Last Post: 12-27-2004, 01:42 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •