Anonymous
Anonymous asked in News & EventsCurrent Events · 1 decade ago

Is this the big health insurance lie?

"The legislation would impose several new fees on firms in the health sector. New fees would be imposed on providers of health insurance and on manufacturers and importers of medical devices. Both of those fees would be largely passed through to consumers in the form of HIGHER PREMIUMS for PRIVATE COVERAGE."

Congressional Budget Office

An Analysis of Health Insurance Premiums Under the Patient Protection and Affordable Care Act

November 30, 2009

BUT.....

The average premium for an unsubsidized, nongroup policy will cost 27-30% MORE.

(same report)

So won't "private coverage" decrease sharply ...

And so too the "fees" collected from them ... which are suppose to pay for the "subsidies".

Or will really caring people flock to buy this extra expensive insurance?

11 Answers

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  • 1 decade ago
    Favorite Answer

    Private health insurance will be a thing of the past if this bill passes.

    This bill makes Obamacare mandatory & they can go into your bank account and take the money out without your permission.

    So why would you pay for two health care policies?

    This bill takes away more of our rights than the "hometown insecurity bill" did.

    Private health care will also become a thing of the past. If you want to choose your doctor then you can go to Mexico and pay for the Dr you want.

    P

  • 6 years ago

    At this site you can compare free quotes http://help.insurecheap.us/-tkyyzNI412

    RE Is this the big health insurance lie?

    "The legislation would impose several new fees on firms in the health sector. New fees would be imposed on providers of health insurance and on manufacturers and importers of medical devices. Both of those fees would be largely passed through to consumers in the form of HIGHER PREMIUMS for PRIVATE COVERAGE."

    Congressional Budget Office

    An Analysis of Health Insurance Premiums Under the Patient Protection and Affordable Care Act

    November 30, 2009

    BUT.....

    The average premium for an unsubsidized, nongroup policy will cost 27-30% MORE.

    (same report)

    So won't "private coverage" decrease sharply ...

    And so too the "fees" collected from them ... which are suppose to pay for the "subsidies".

    Or will really caring people flock to buy this extra expensive insurance?

  • mac
    Lv 7
    1 decade ago

    Your language is very obfuscated . Nonetheless from what I understand that's the problem. The insurers have been passing the financial burden to consumers for years and taking in hefty profits at the same time. The health insurers see insurance as a big business, thus the only important matter is the bottom line. I don't fault them, however, it's a business after all, and America's business is business. Yet when hearts are broken because of exorbitant medical costs or pre-existing conditions or selective coverage then I get angry about the injustice and forget the motto of business first.

  • Noah H
    Lv 7
    1 decade ago

    Premiums are going to rise anyway. Why? Because any business plan that the 'for profit' HEALTH INSURANCE industry can possibly come up with won't work in the 21st century. Why? Because business in general can no longer support an employer based health insurance venue. Because individuals are for the most part priced out of the market. Because every year we have more and more actual treatments for the sick and injured, treatments that even in the 1970's were science fiction. Here's some history: In 1943 my life was saved because a few years earlier a guy named Alexander Fleming discovered penicillin. Before that millions of people died of various infections. It was a cheap and effective treatment. Fifty two years later my life was saved because of two expensive surgeries, a lot of expensive chemicals and sixteen weeks of radiation treatments at $500.00 a pop. It was effective, but it sure as hell wasn't cheap. In the face of that kind of expense, NO private insurance company that has to make increasing quarterly profits to keep the stockholders happy can afford NOT to keep raising rates AND keep raising the underwriting standards. Put it together: Fewer people have group insurance, fewer people can afford personal plans, higher and higher underwriting standards to maintain profits and more and better treatments that cost more because they ARE better. This is why we need a non-profit UNIVERSAL HEALTH INSURANCE plan. The post war for profit HEALTH INSURANCE business is as much a dead duck as disco and Pong, and all the kings horses and all the kings men ain't gonna' put it back together again. It's time to move on!

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  • 1 decade ago

    yep, it's a big lie. And guess what. Our income taxes will go through the roof and people will resent the IRS knowing whether or not they have health insurance. It's a slippery slope we are headed down so I suggest that we all get the FAIRTAX going and get rid of income taxes and then we can afford to buy our health care as our parents did 40 years ago...without these HMO"s

  • Anonymous
    6 years ago

    Get insurance quotes

  • 1 decade ago

    when the fed's on their current insurance programs lowered payments to docs and hospitals, the lost money had to be made up. it was done by raising prices on private insuers. simular to a tetter totter. when costs do down in one area they equally rise in another. problem with the current failing of gov't insurance, when the doc is paid 10% of what he charges, he's going to give you 10% of his effort to cure you. once doc's have reached their gov't mandated limits of gov patients, docs do always stop taking more new ones. the gov't currently runs the largest health insurance program in the world, and its a failure. medicare, medicaid, VA and S chip all have massive complaints over denied medical care. plus abnormally high death rates.

  • Anonymous
    1 decade ago

    The bill is designed to help destroy the USA. There is no other reason for it. The Progressives wish to destroy the county so they can offer communism as a way to save the people.

  • Anonymous
    7 years ago

    At - INSUREDEAL.INFO- you can get quotes in just a few minutes

    RE Is this the big health insurance lie?

    "The legislation would impose several new fees on firms in the health sector. New fees would be imposed on providers of health insurance and on manufacturers and importers of medical devices. Both of those fees would be largely passed through to consumers in the form of HIGHER PREMIUMS for PRIVATE COVERAGE."

    Congressional Budget Office

    An Analysis of Health Insurance Premiums Under the Patient Protection and Affordable Care Act

    November 30, 2009

    BUT.....

    The average premium for an unsubsidized, nongroup policy will cost 27-30% MORE.

    (same report)

    So won't "private coverage" decrease sharply ...

    And so too the "fees" collected from them ... which are suppose to pay for the "subsidies".

    Or will really caring people flock to buy this extra expensive insurance?

  • Anonymous
    7 years ago

    You can find the best rates and offers for your insurance at: COVERAGEDEALS.NET

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