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Thread: Obamacare

  1. #19

    Default Re: Obamacare

    I said they oppose each other.

    Insurance should not want to pay anyone...chiropractors, nautropaths?, drug companies.

    I'm not sure how the government could help one without hurting the other.

  2. #20
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    Default Re: Obamacare

    Quote Originally Posted by Ground&Pound View Post
    I said they oppose each other.

    Insurance should not want to pay anyone...chiropractors, nautropaths?, drug companies.

    I'm not sure how the government could help one without hurting the other.
    By funneling "clients" "patients" into their arms. If you read over HR 3200 you will see that there are no other options but to go to a medical doctor. The suggested system means that your plan is chosen by a committee headed by the Surgeon General & 18 other appointees. It is all set up to strengthen & reward those are simply prescribe drugs & then fill out the proper forms.

  3. #21
    World Champ ODH's Avatar
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    Default Re: Obamacare

    Quote Originally Posted by Ground&Pound View Post
    It's kind of contradictory to claim that the government is passing policies to benefit both the insurance industry and the pharmaceutical / medical industry.

    By nature, the two oppose each other. In theory, the pharma/med. costs are held in check by insurance.
    I don't know the details of this bills, but subisdizing private insurance companies to insure more people will help the insurance companies have more customers and will also allow health providers more money because more people will be insured and thus there will be more consumers of health care that will have the ability to pay.

    Anyhting that puts more money into healthcare hsould be favored by the healthcare industry. If the money is funnelled through private insurers, both industries should support it.

    The insurance industry has proven that they are unable to keep health care costs in check.

  4. #22

    Default Re: Obamacare

    I see your points.

    Although the insurance companies may like more customers, they won't want lose the advantage of cherry picking healthy people to insure.

    There are a lot of uninsured people that insurance companies don't want to touch.

    The insurance industry has done a great job of keeping their costs down and putting a profit in their pockets.

    It's not the goal of insurance to keep health care costs down. They are in it to make money for themselves.

  5. #23

    Default Re: Obamacare

    I forget where I read it, you all can look it up, but I think insurance companies averaged a 2% profit margin. Now, 2% of a lot of money is a lot of money, but what other company runs at a 2% profit margin? I am sure people will find another website to contradict this one, but here is one showing what I am trying to say.

    http://newsbusters.org/blogs/tom-blu...finds-them-ane

  6. #24

    Default Re: Obamacare

    I understand that these numbers are very fuzzy.

    But, it's well documented that United Health Care CEO, William McGuire made $128 million in 2005.

  7. #25

    Default Re: Obamacare

    Like I said, 2% of a lot of money is still a lot of money. But what other business runs itself at a 2% profit margin? I'll bet not many. Microsoft makes something like a 14% profit, but no one calls them evil.

    I am just saying that it isn't evil to make money. Not insuring certain people with pre-existing conditions isn't right, but if they did, they would have to increase everyone else's premiums. Maybe there is a better way, and I hope we find it, but a 2% profit is far from ripping people off. Maybe we should start at why it costs so much to do anything in the first place. Insurance companies don't control that and that would go a long way.

  8. #26
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    Default Re: Obamacare

    Quote Originally Posted by ODH View Post
    I don't know the details of this bills, but subisdizing private insurance companies to insure more people will help the insurance companies have more customers and will also allow health providers more money because more people will be insured and thus there will be more consumers of health care that will have the ability to pay.

    Anyhting that puts more money into healthcare hsould be favored by the healthcare industry. If the money is funnelled through private insurers, both industries should support it.

    The insurance industry has proven that they are unable to keep health care costs in check.
    In these HMO contracts, the insurers have to manage a teetery seesaw. If they try to hold down payments to the docs, they doc tell them to bug off and don't enroll. That reverberates back to the employer when employees beef that they have to change docs. So in many respects it's reflective of leverage docs have in joining these programs.

    Now on the other hand, most large insurers self-insure a significant portion of the medical costs of care. When you see deductibles rising or narrowing of coverage, it's the employer not the insurer making the decision. Again this year my employer deciuded to strip out some cost under the guise that what they are doing is the same as other similar employers. The change this year, if I don't opt for a generic med, I have to pay the difference between the costs of the two in addition to my co-pay.

    If Obamacare wins out, in a couple of years you'll find they will be stripping out coverage and increasing deductibles basically passing the increased cost on the back of the patient. They will be denying certain services based on age and outcomes.
    Life's not the breaths you take, the breathing in and out that gets you through the day ain't what it's all about. It's the moments that take your breath away.

  9. #27
    World Champ ODH's Avatar
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    Default Re: Obamacare

    Quote Originally Posted by quinn14 View Post
    I forget where I read it, you all can look it up, but I think insurance companies averaged a 2% profit margin. Now, 2% of a lot of money is a lot of money, but what other company runs at a 2% profit margin? I am sure people will find another website to contradict this one, but here is one showing what I am trying to say.

    http://newsbusters.org/blogs/tom-blu...finds-them-ane
    I saw a simalr article through Yahoo, but it said the heath insurance industry falls in the middle of the pack as far as profit margins.

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