Insurance companies taking huge premium increases and profits?

[BgMc31]

how will this bill impact the insurance you currently have? then connect the very clear dots.

Healthcare premiums will continue to climb, but not at the level of almost 10% a year that I've been experiencing. Plus with some of the new government tax credits that will be offered under this new bill, I could see me premiums actually level off. So, I'm having a tough time connecting those dots, so please enlighten me.

[Kratos]

Healthcare premiums will continue to climb, but not at the level of almost 10% a year that I've been experiencing. Plus with some of the new government tax credits that will be offered under this new bill, I could see me premiums actually level off. So, I'm having a tough time connecting those dots, so please enlighten me.

What will cause your premiums to level off or slow down from 10%?
Tax credits? don't you mean The federal subsidy that would go straight to the insurer. How is this number not to be figured into the total amount the united states spends on health care as a percentage of GDP? How much would you be eligible for? You don't know? I'm shocked.

[thegodfather]

Healthcare premiums will continue to climb, but not at the level of almost 10% a year that I've been experiencing. Plus with some of the new government tax credits that will be offered under this new bill, I could see me premiums actually level off. So, I'm having a tough time connecting those dots, so please enlighten me.

Artificial manipulation of the markets does not work BgMc... I don't know how many times Keynesian economic theory needs to be proven a failure for politicians and people to get it.

The massive amount of taxation that needs to take place for this bill to be funded and 'work' means that you will be paying higher premiums, only it wont be in the form of a premium. You will simply pay higher taxes elsewhere in the myriad of things that you pay tax's for. Have you ever heard the saying, "there is no such thing as a free lunch?" Well that statement has never rang more true than when speaking about government and economics.

Government is the REASON health care is in the sad state of affairs that it is in today. How then, BgMc, can you honestly believe that government is the one who can (and should) fix the problems and messes that THEY themselves created?

Meddling in health care by creating the pseudo-socialized health care system we have today such as Medicare and Medicaid, and enacting bills like ERISA and EMTALA have led to rising health care costs. I could go on and on about the specifics of the health care issues, but honestly, most people have no idea what they are talking about when it comes to health care policy. All that you people see is your 'premiums' or your 'co-pays' and have no idea about the amount of shit going down behind the scenes.

One of the most absurd parts of the bill is not allowing health insurance companies to turn down people for pre-existing conditions. "INSURANCE" is a measure of RISK. Let me give you an analogy to how this works, and then you will realize how absurd it is to cover pre-existing conditions, even though in liberal land it might "feel good" and give you "warm fuzzies" when you talk about it. Moral hazard and social responsibility are in FULL EFFECT in this illogical bill. Say that you own a car, and you don't have insurance on it at the time, but you drive it down the street and get into a very bad front end collision with your car, and there is $10,000 in damage. Well, you call up GEICO and want to purchase a policy, a new bill went into effect that does not allow them to deny you coverage on any pre-existing damage to your vehicle. So you purchase a policy from them, and then the next day you put in a claim for the front end collision you got into prior to the effective date of your new car insurance policy. That is absurd isn't it? That GEICO would have to pay for damage to your vehicle before it was ever covered under their insurance policy? Well that is exactly the situation with health care.

[durak]

Healthcare premiums will continue to climb, but not at the level of almost 10% a year that I've been experiencing. Plus with some of the new government tax credits that will be offered under this new bill, I could see me premiums actually level off. So, I'm having a tough time connecting those dots, so please enlighten me.

Silly rabbit.