A small share of people accounts for a significant share of expenses in any year. In 2009, half of all health care spending was used to treat just 5% of the population.
Health care costs per capita have grown an average 2.4 percentage points faster than the GDP since 1970.
But of course we need a 3,000 page federal law - and tens of thousands of pages of regulation - to deal with this.
Oh, you know what else has skyrocketed since 1970?
Government involvement in the health care market.
But hey, let's sit back and pretend that the private sector is a bad actor and doing pointless things all by themselves.
That would be fun. And allow us to make straw men arguments.
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A small share of people accounts for a significant share of expenses in any year. In 2009, half of all health care spending was used to treat just 5% of the population.
Health care costs per capita have grown an average 2.4 percentage points faster than the GDP since 1970.
But of course we need a 3,000 page federal law - and tens of thousands of pages of regulation - to deal with this.
Oh, you know what else has skyrocketed since 1970?
Government involvement in the health care market.
But hey, let's sit back and pretend that the private sector is a bad actor and doing pointless things all by themselves.
That would be fun. And allow us to make straw men arguments.
There is some good with obamacare. The pcip plan would be good if they would make it permanent instead of putting sick people withhhealthy people. The regulation on these big insurance companies is great because there is no caps or fine print. Also anything wellness or preventative is covered at % 100.
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There is some good with obamacare. The pcip plan would be good if they would make it permanent instead of putting sick people withhhealthy people. The regulation on these big insurance companies is great because there is no caps or fine print. Also anything wellness or preventative is covered at % 100.
There is also the 80/20 law. The insurance companies have to pay out 80 percent of the money the take in to pay claims, if not they have to rebate checks. This made me take a pay cut
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There is also the 80/20 law. The insurance companies have to pay out 80 percent of the money the take in to pay claims, if not they have to rebate checks. This made me take a pay cut
Dark Horse next year the PC IP plan is going away and the government is making they insurance companies take on people with pre existing conditions and putting them in the same group is healthy people that is going to make rates go up
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Dark Horse next year the PC IP plan is going away and the government is making they insurance companies take on people with pre existing conditions and putting them in the same group is healthy people that is going to make rates go up
Dark Horse next year the PC IP plan is going away and the government is making they insurance companies take on people with pre existing conditions and putting them in the same group is healthy people that is going to make rates go up
I agree that rates will go up for the healthy but will go down for the pre-exist peeps since they are only grouped with other pre-exist now.But then again peeps that are healthy now might not be tomorrow.Now a couple quesions for you, How will the new healhcare laws affect you as a broker? And even though the current pcip program was underfunded can you really call it a failure having helped 135000 people who couldn't get insurance?
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Quote Originally Posted by waltertaylor24:
Dark Horse next year the PC IP plan is going away and the government is making they insurance companies take on people with pre existing conditions and putting them in the same group is healthy people that is going to make rates go up
I agree that rates will go up for the healthy but will go down for the pre-exist peeps since they are only grouped with other pre-exist now.But then again peeps that are healthy now might not be tomorrow.Now a couple quesions for you, How will the new healhcare laws affect you as a broker? And even though the current pcip program was underfunded can you really call it a failure having helped 135000 people who couldn't get insurance?
Im not saying the program was a failure. The program was great actually. My problem is with how they couldn't manage it properly. The jury is still out on how it is going to effect my job
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Im not saying the program was a failure. The program was great actually. My problem is with how they couldn't manage it properly. The jury is still out on how it is going to effect my job
There is some good with obamacare. The pcip plan would be good if they would make it permanent instead of putting sick people withhhealthy people. The regulation on these big insurance companies is great because there is no caps or fine print. Also anything wellness or preventative is covered at % 100.
As a provider of medical services I am not a fan of insurance companies as you can understand...
I am wondering what you think about wellness/preventative care? In a shortsighted view it seems like covering unnecessary services... but I am thinking in the end it might save the whole system money as more severe and chronic conditions result in costing everyone more in the end...
So the people who fight generically all spending might actually be losing money in the bigger picture... but I think that big picture and long term effects are not something people seem to grasp... preventative care is an investment and it could save everyone money... although the drug companies might lose out because there wont be as many sick people needing their meds to survive... but the overall system should improve...
Preventative care favors my business model providing outpatient treatment in a private practice setting... less severity saves everyone money to avoid hospitalization and the money it takes to run that type of bureaucracy and as you know the insurance bureaucracy to pay for it all...
I personally think the kaiser model is interesting as they are both the insurer and the provider... so they look to wellness/preventative care because they have total control of every part of their system...
I think that most people judge the health care reform based on their opinion of Obama and partisan lines...
So it all comes down to an emotional decision... If they like obama then it must be a good thing... and if they dislike obama then every single part of health care reform is completely wrong in every way possible...
are you familiar with the kaiser system and their model? what is your opinion of that and how it compares to some of the health care reforms... I assume that some of the ideas came from what we have learned with the efficiency of the kaiser system...
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Quote Originally Posted by waltertaylor24:
There is some good with obamacare. The pcip plan would be good if they would make it permanent instead of putting sick people withhhealthy people. The regulation on these big insurance companies is great because there is no caps or fine print. Also anything wellness or preventative is covered at % 100.
As a provider of medical services I am not a fan of insurance companies as you can understand...
I am wondering what you think about wellness/preventative care? In a shortsighted view it seems like covering unnecessary services... but I am thinking in the end it might save the whole system money as more severe and chronic conditions result in costing everyone more in the end...
So the people who fight generically all spending might actually be losing money in the bigger picture... but I think that big picture and long term effects are not something people seem to grasp... preventative care is an investment and it could save everyone money... although the drug companies might lose out because there wont be as many sick people needing their meds to survive... but the overall system should improve...
Preventative care favors my business model providing outpatient treatment in a private practice setting... less severity saves everyone money to avoid hospitalization and the money it takes to run that type of bureaucracy and as you know the insurance bureaucracy to pay for it all...
I personally think the kaiser model is interesting as they are both the insurer and the provider... so they look to wellness/preventative care because they have total control of every part of their system...
I think that most people judge the health care reform based on their opinion of Obama and partisan lines...
So it all comes down to an emotional decision... If they like obama then it must be a good thing... and if they dislike obama then every single part of health care reform is completely wrong in every way possible...
are you familiar with the kaiser system and their model? what is your opinion of that and how it compares to some of the health care reforms... I assume that some of the ideas came from what we have learned with the efficiency of the kaiser system...
Here’s a trend you’ll be reading more about: part-time “job sharing,” not only within firms but across different businesses.
It’s already happening across the country at fast-food restaurants,
as employers try to avoid being punished by the Affordable Care Act. In
some cases we’ve heard about, a local McDonalds has hired employees to
operate the cash register or flip burgers for 20 hours a week and then
the workers head to the nearby Burger King or Wendy’s to log another 20
hours. Other employees take the opposite shifts. . . .
Because other federal employment regulations also kick in when a firm
crosses the 50 worker threshold, employers are starting to cap payrolls
at 49 full-time workers. These firms have come to be known as “49ers.”
Businesses that hire young and lower-skilled workers are also starting
to put a ceiling on the work week of below 30 hours. These firms are the
new “29ers.” Part-time workers don’t have to be offered insurance under
ObamaCare.
Key point: A 2011 Hudson Institute study estimates that this insurance mandate will
cost the franchise industry $6.4 billion and put 3.2 million jobs "at
risk."
But what does this have to do with Obama?!!
0
Here’s a trend you’ll be reading more about: part-time “job sharing,” not only within firms but across different businesses.
It’s already happening across the country at fast-food restaurants,
as employers try to avoid being punished by the Affordable Care Act. In
some cases we’ve heard about, a local McDonalds has hired employees to
operate the cash register or flip burgers for 20 hours a week and then
the workers head to the nearby Burger King or Wendy’s to log another 20
hours. Other employees take the opposite shifts. . . .
Because other federal employment regulations also kick in when a firm
crosses the 50 worker threshold, employers are starting to cap payrolls
at 49 full-time workers. These firms have come to be known as “49ers.”
Businesses that hire young and lower-skilled workers are also starting
to put a ceiling on the work week of below 30 hours. These firms are the
new “29ers.” Part-time workers don’t have to be offered insurance under
ObamaCare.
Key point: A 2011 Hudson Institute study estimates that this insurance mandate will
cost the franchise industry $6.4 billion and put 3.2 million jobs "at
risk."
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