HHS Secretary Sebelius: Some Could See Insurance Premiums Rise - Page 2 - TigerDroppings.com

Posted byMessage
TigerTattle
LSU Fan
Out of Town
Member since Sep 2007
5030 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


They had to eliminate "price discrimination."

Someone paying more to receive more is price discrimination? Really? Someone please tell me why people should have to pay for coverage they will never use, like men paying for maternity/prenatal coverage.

From a similar article: (cute, how Sebelius throws in those "might" and "slight" descriptors, even after all the reports lately. Nothing slight about what's coming, and no mights or maybes about it.)
quote:

The law, also known as "Obamacare," eliminates discriminatory market practices that have imposed higher rates on women and people with medical conditions.

It also limits how much insurers can charge older people. But while the changes are expected to lower costs for women, older beneficiaries and the sick, men and younger, healthier people will likely see higher rates as insurers try to hedge against continued risks.

"Women are going to see some lower costs, some men are going to see some higher costs. It's sort of a one to one shift ... some of the older customers may see a slight decline, and some of the younger ones are going to see a slight increase."

Insurance premiums could rise for some with individual plans, she said, as Obama's Patient Protection and Affordable Care Act enhances the level of coverage and either eliminates or reduces the rate of price discrimination against people who are older, female or have preexisting medical conditions.
LINK









Back to top
I B Freeman
Member since Oct 2009
5456 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

Do you know what the insurance companies annual profits are??? Between 1-3%


they will be racking in a whole lot more cash now that people have to buy more insurance. 1-3% of premiums post Obamacare is a heck of lot more than 1-3% of premiums pre Obamacare. More than double I would say.






Back to top
Turbeauxdog
LSU Fan
Member since Aug 2004
5693 posts
 Online 

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

Love to wallow in ignorance. That's known as conversing with you Gun and Insurance apologists. Nothing like the exchange of ideas here. From the left and the right. At least we respect each other (don't we?)


How can I respect someone who believes he can vote away my freedom, the product of my labor, and my ability to use the product of my labor to care for the health of myself and my loved ones?






Back to top
  Replies (0)
jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
26887 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

hey will be racking in a whole lot more cash now that people have to buy more insurance.

increased revenue != increased profit margins.

they will bring in more money, and they will spend more money as well. whether or not that ends up being a net win for the insurance companies has yet to be seen, but id highly doubt it.






Back to top
EST
LSU Fan
Investigating
Member since Oct 2003
14379 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


So, you (the gov) LIED about your "product" to sell it?

I don't want it - I'll go shop at your competitor. Oh, wait..






Back to top
  Replies (0)
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22405 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

enhances the level of coverage and either eliminates or reduces the rate of price discrimination against people who are older, female or have preexisting medical conditions.
What. The. F*ck.

So the guy with 3 DUIs and 6 crashes should pay the same as a guy that's never had a ticket?



This post was edited on 3/27 at 9:30 am


Back to top
90proofprofessional
LSU Fan
Member since Mar 2004
8866 posts
 Online 

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

whether or not that ends up being a net win for the insurance companies has yet to be seen, but id highly doubt it.

it's true that it's not clear what effect the regulations will have on profits, but the effect they'll have on the competition big insurers face is pretty clear






Back to top
  Replies (0)
Vlad The Inhaler
Colorado State Fan
Colorado
Member since Sep 2008
3118 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


Not to go off topic, but I want to give props to the NYT for their comprehensive, insightful presentation of this story by giving it to the masses in a solid 123 words.

LINK

By comparison, they have the word "gay" featured 9 times on their homepage.






Back to top
  Replies (0)
TigerTattle
LSU Fan
Out of Town
Member since Sep 2007
5030 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

So the guy with 3 DUIs and 6 crashes should pay the same as a guy that's never had a ticket?
Yup, pretty much. Obamacarefacts.com






Back to top
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22405 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

Yup, pretty much. Obamacarefacts.com
Oh well aware of the ratios. If you eliminate the actuary, its no longer insurance. Its a straight up redistributive benefit scam. That's what I was trying to demonstrate.






Back to top
TigerTattle
LSU Fan
Out of Town
Member since Sep 2007
5030 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

Its a straight up redistributive benefit scam
Yeah, from your posts I knew you're on top of the subject, just threw the link in as ... hell I don't know why I threw it in, lol






Back to top
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22405 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

just threw the link in as ... hell I don't know why I threw it in, lol
Glad you did. It's good background info!






Back to top
Vlad The Inhaler
Colorado State Fan
Colorado
Member since Sep 2008
3118 posts

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


It's shocking how little coverage this is getting today, and how actually relevant it to so many people.







Back to top
90proofprofessional
LSU Fan
Member since Mar 2004
8866 posts
 Online 

re: HHS Secretary Sebelius: Some Could See Insurance Premiums Rise


quote:

It's shocking how little coverage this is getting today, and how actually relevant it to so many people.






Back to top
  Replies (0)


Back to top