Posted on 05/07/2017 1:33:44 PM PDT by taildragger
Move. It's overrun by liberal moonbats.
That's not GI. You don't want that. However, carriers generally honor each other's pre-x's.
This also keeps my premiums much lower than if I chose a standard HMO option where just about everything is covered (after per-event co-payments).
Funny. I wouldn't have thought that establishing an expensive entitlement like a high-risk pool was a particularly Conservative act.
What?
So the carrier doesn't have to issue you a policy but if they do it can't cost more than the previous carrier charged?
Seriously?
I remember my husband quitting work in Texas to become self employed. I was pregnant at the time and bought Blue Cross and was told that I would be covered at the ‘group rate’ and I was. I had a high risk pregnancy and birth with a child in NICU and 60K in bills and it was all paid for. I remember something similar in PA, but that was a long time ago.
Obama care supporters act as though this is the first time in forever when pre existing conditions were covered. Also, I support states' rights.
That's great. I know the Blues often didn't exclude pregnancy.
I was just a little surprised at your statement since in my experience TX wasn't really a state mandate kind of place.
A lot of people get scared off with out-of-pocket and so prefer the HMO where everything is covered (with a nominal co-payment). However, the monthly premiums are much higher and if not subsidized by an employer, probably unaffordable to many. The HSA/out-of-pocket option is actually cheaper in the long run, especially if something catastrophic happens (because you are 100% covered after the deductible is paid).
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This, I believe, was the point that Rush Limbaugh was trying to make on Thursday that we shouldn't call this insurance. In a sense, our healthcare problem is unsolvable with the idea of insurance as simple risk management. Allowances are going have to be made for those with preexisting conditions, particularly those which are not caused by their behaviors. To some degree, many people are going to pay more than their individual cost to cover the uninsured and the uninsurable.
Great post, thank you.
Many employers offer an HSA in the benefit package as one of the coverage options. So it is possible.
I don't support mandatory insurance coverage.
Not if you don't qualify as insurable.
but if they do it can't cost more than the previous carrier charged?
Well I don't know about that. But they would cover the pre-x if the previous carrier did. (within their designated time frame)
Contribution amounts are limited. And most companies offer HSA for an employee to contribute to, but they do not contribute. Rather than them paying $10k a year into insurance I rarely use, put that money into an HSA.
My retirement medical costs would be well covered by that type of scenario.
Set aside funds when you are healthy to pay for deductibles when you are not. Then the $6,000 and $12,000 annual deductibles are not so scary, and catastrophic insurance becomes more common.
I use a health care ministry to insure our college age daughter. Her school has an affiliated hospital to train nurses and doctors, and campus clinics are basically free.
So she will likely never have a traditional health insurance claim, since all minor bruises and illnesses are very inexpensive. I can cover the deductible for a major event like an auto accident with savings before filing any sort of claim.
The unACA led to terrible insurance costs and deductibles if you didn't get a subsidy. One plan I saw offered a $12,000 family deductible and paid 70% after that, but cost minimum $1400 per month for a family.
Let's not pretend that the unACA truly helped anyone except:
Those families that could get a federal subsidy,
Insurance companies getting subsidies (at least until the feds stopped paying them),
Politicians that got campaign bribes to keep the system in place.
And Medicaid underpayment.
But that's already the case:
To the former, bad debt and charity care are the biggest cost drivers in provider charges. Of course they pass this on to the carriers and cash customers unless they object. (cost shifting)
Regarding uninsurables, if done properly through a wide-disperal assessment, it should cost each premium very little.
From what I've heard, I believe you're going to see the rollover. Also, I also believe you can currently also use your HSA fund for retirement.
What services did taking away Medicare dollars do to seniors and what will putting dollars back do pursuant to law?
They didn’t. The money taken was just made up by debt. This is part of how the debt doubled under Obama.
I do not know how it will be paid for, or if the U.S. will simply default one way or another.
We have been doing a kind of default with the “quantitative easing”. We have been paying debt by basically printing dollars electronically, as best I can determine.
We owe China hundreds of Billions. They demand payment, we ship them more electrons, totally recyclable, that shows they have been paid.
Theoretically, this should induce inflation, but we are not seeing anything like what the theorists would have predicted.
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