Originally posted by SloanHater
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"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Originally posted by SloanHater View PostWouldn't a better analogy be one that involved buying a car and discovering it was a lemon only to have your car insurance company drop you and no other company willing to insure you because of the car's defects?I'm like LeBron James.
-mpfunk
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Originally posted by smokymountainrain View PostUm, no. Health Insurance companies don't drop people when they get sick. They also don't refuse to insure people with pre-existing conditions if those people had been covered previously and continuously.
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Originally posted by Katy Lied View PostI just cannot figure out how insurance companies will make any money with this model. Can you imagine wrapping your car around a phone pole, and then calling AAA and signing up for a policy starting right then? How is this any different?
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Originally posted by Jarid in Cedar View PostI am with 8BR on this one. As a small business, you are already pooled with other small businesses for pricing. To the insurance company, small businesses cost them more due to increased utilization, therefore the premiums are higher.
In the long run, the insurance companies are going to find a way to compensate for not being able to adjust premiums to manage risk(forced to take all comers, regardless of risk of benefits that will need to be pain). The way that they will compensate is to increase the premiums across the board for all comers.
In the beginning of phase in of this bill, I think you will see more small businesses drop health insurance as a benefit as premiums are likely to increase by 15-20%(they will have to for the insurance company to remain viable).
We saw annual increases in the range of 14+% in the period I worked there so I don't follow how your anticipated increase is any different.
Anyway, I'm in and out today so I apologize for the short response, but my read of the health care bill was that it would help the employer I worked with, not hurt them.
Finally, regarding the pre-existing condition, I'll-enroll-in-the-ER scenario: Will this really be possible? I haven't read the entire bill. Can insurance companies make insurance effective the first of the month following enrollment, like they currently do? I honestly don't know.
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Originally posted by Jarid in Cedar View PostInsurance companies do not provide care.
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Originally posted by beelzebabette View PostI'm at a loss to reconcile my experience playing at HR for a small company with what you relate with your posts. Our pricing was based on the health questionnaires filled out by our employees. Then we were put into a small business pool, but our pricing was influenced by our employees' utilization history and medical conditions.
Originally posted by beelzebabette View PostWe saw annual increases in the range of 14+% in the period I worked there so I don't follow how your anticipated increase is any different.
Originally posted by beelzebabette View PostFinally, regarding the pre-existing condition, I'll-enroll-in-the-ER scenario: Will this really be possible? I haven't read the entire bill. Can insurance companies make insurance effective the first of the month following enrollment, like they currently do? I honestly don't know."The first thing I learned upon becoming a head coach after fifteen years as an assistant was the enormous difference between making a suggestion and making a decision."
"They talk about the economy this year. Hey, my hairline is in recession, my waistline is in inflation. Altogether, I'm in a depression."
"I like to bike. I could beat Lance Armstrong, only because he couldn't pass me if he was behind me."
-Rick Majerus
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Originally posted by SloanHater View PostI'm not sure if you are being facetious or not, but I'm at a loss as how to describe the process of insurance companies taking your money in exchange for access to medical treatment, without being an ass."The first thing I learned upon becoming a head coach after fifteen years as an assistant was the enormous difference between making a suggestion and making a decision."
"They talk about the economy this year. Hey, my hairline is in recession, my waistline is in inflation. Altogether, I'm in a depression."
"I like to bike. I could beat Lance Armstrong, only because he couldn't pass me if he was behind me."
-Rick Majerus
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Originally posted by Eddie Jones View PostWhy would a car insurance company drop you because your car is a lemon? They don't guarantee the working condition of the car. They only pay for the costs to fix it after an accident. In fact, if it truly is a lemon, your insurance company would be happy because you'd be driving it less since it would be in the shop more.
You only pay a portion of the total cost based on the probability that you will need the insurance companies services. If the insurance company knew with a certain probability that you would be a net cost, they would drop you in a heartbeat.
This is(was) the problem with health insurance.
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Originally posted by SloanHater View PostYou are mistaken. A repair shop would be happy to have a repeat customer. Insurance companies would not.
You only pay a portion of the total cost based on the probability that you will need the insurance companies services. If the insurance company knew with a certain probability that you would be a net cost, they would drop you in a heartbeat.
This is(was) the problem with health insurance.
That is the primary concern I have this this legislation."The first thing I learned upon becoming a head coach after fifteen years as an assistant was the enormous difference between making a suggestion and making a decision."
"They talk about the economy this year. Hey, my hairline is in recession, my waistline is in inflation. Altogether, I'm in a depression."
"I like to bike. I could beat Lance Armstrong, only because he couldn't pass me if he was behind me."
-Rick Majerus
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Originally posted by Jarid in Cedar View PostThe way I have read it, you will be able to apply at any time and benefits will be retroactive to application date.
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Originally posted by Jarid in Cedar View PostInsurance companies are a broker. They do not provide the care. Unsatisfied with insurance companies and their role. Bypass them and negotiate directly with the providers and hospitals. You will surprised at the ends that they will go through to assure fair payment and to not have to deal with an insurer.
I'd like to believe that a hospital owned and run by an insurance company would treat me as fairly as a customer, however, if there was a large movement of people away from monthly insurance premiums to cash-for-services, I would guess that access to services would become more difficult for non-customers.
Originally posted by Jarid in Cedar View PostThere are people who are guaranteed to be a net cost(diabetics come to mind first and foremost). Now that the insurance companies cannot rate this person up(or drop them), they will account for these known losses by upping the rates on everyone else.
That is the primary concern I have this this legislation.
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Originally posted by SloanHater View PostIf the insurance company knew with a certain probability that you would be a net cost, they would drop you in a heartbeat.
This is(was) the problem with health insurance.
Good luck getting a life insurance policy if you're living in a hospice.
Good luck getting maritime insurance for the Titanic after it already rubs shoulders with an iceberg.Last edited by Indy Coug; 03-30-2010, 11:25 AM.
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Originally posted by SloanHater View PostYou are mistaken. A repair shop would be happy to have a repeat customer. Insurance companies would not.
You only pay a portion of the total cost based on the probability that you will need the insurance companies services. If the insurance company knew with a certain probability that you would be a net cost, they would drop you in a heartbeat.
This is(was) the problem with health insurance.
How does owning a lemon result in you being a repeat customer to an insurance company? Last time I checked, my car insurance does not cover repairs when my car won't start in the morning because the electronics are faulty.
Please, if I'm making a donkey out of myself someone let me know but I'm not understanding how SH's analogy works in the context he is putting it."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Originally posted by Eddie Jones View PostI'm lost. Am I just missing the mark here?
How does owning a lemon result in you being a repeat customer to an insurance company? Last time I checked, my car insurance does not cover repairs when my car won't start in the morning because the electronics are faulty.
Please, if I'm making a donkey out of myself someone let me know but I'm not understanding how SH's analogy works in the context he is putting it."Nobody listens to Turtle."-Turtlesigpic
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