[quote=blue water pro]I honestly believe that most people do NOT understand our current health care & how the for profit works against their interest.[quote]

BWP - Still waiting for that list of insurance companies lobbying for reform.

I contribute $57.81 per paycheck for my insurance. That brings the monthly total to a whopping $115.62/month. I would encourage anyone else reading this to actually find out how much you contribute to your insurance, too. It won't be no $550.

Fact - insurance companies are in the business of collecting premium.

Fact - any denied claim (money a company doesn't pay out) means more money for the company at the end of the year (duh).

Fact - health insurance is only expensive to the policyholder if he never goes to the doctor. $300/month premium = $3,600 annually. No claims? Should have put that money in the bank. You just lost $3,600!!

Fact - health insurance is an amazing deal for the policyholder if she gets cancer/in a car wreck/breaks an arm/needs knee surgery/has a baby. $300/month in premium = $3,600 annually. Knee surgery = $60,000. $500 deductible + 20% coinsurance to a $2,500 maximum (thank you ins co for the maximum!) Policyholder was billed $60,000 and only paid $6,600!! Insurance saved her over $50,000!!

Fact - premiums will go up for the policyholder the next year. Look up the term "loss ratio."

Fact - an insurance company can't cancel the policy at the end of the term. Look up the term "guaranteed renewable."

BWP - you act as if it is a bad thing that insurance companies cover healthy people. The FACT is, health insurance companies need the premiums from the healthy people to offset a very minor part of the population that is sick.

Insurance companies negotiate with doctors to SAVE money. This, in turn, keeps the premium costs down for you and me. (Remember LOSS RATIO?)




[quote=blue water pro]I honestly believe that most people do NOT understand our current health care & how the for profit works against their interest.[quote]

I'm with you on that one, BWP.

Oh, also fact - Insurance companies owed not one red cent to anyone injured or killed in the attacks on 9/11. Acts of war are excluded from coverage in every insurance policy out there.

Out of the goodness of their hearts, insurance companies paid over $9 billion (with a B) that they could have rightfully kept.

Thank you insurance companies.

You want reform? Educate yourself on the costs of disease.