Individual Health Insurance Policy

[FishinCricket]

I would shop it around quite a bit, and try to find someone in the know that will help you understand all the ins-and-outs of your work policy and other options.

Yeah, like an insurance agent..

[ness]

Yeah, like an insurance agent..

I'd qualify that a little -- a GOOD insurance agent.

[flytyer57]

Your increase could be due to the insurance company or your employer or both.

I worked at one place where the employee cost increase went up over $100 a month. Turned out the insurance only went up 11% and the employer didn't want to pay any increases so they passed their portion on to the employees. Go figure, a multi-million $$$ company didn't want the extra expense. Pass it on to the little guy who needs it.

[jdmidwest]

You might want to look into a health savings account and a major medical policy. It is what we switched to at work a few years ago and seems to be working fine. Employer pockets what he used to spend monthly minus the premiums for a $3k deductible medical plan. He matches 50/50 of the deductible and most are never out of pocket more than they were before. There is a prescription card program and a supplement like Afflac. I have never used it but it did cut down on the abusers that felt insurance should pay for all of their expenses. You have to pay out of pocket for small stuff, but are covered if anything major happens.

Insurance premiums are on the rise in all companies, better half seen at least a 30% increase at her job. It is not because of the man in office, it is insurance companies covering the liabilities of what they have to insure now. They have to carry kids to 26, which would have normally been transferred to a higher rate individual policy, they now have to insure the major risks which are coming in as a dead expense with all of their bills, and other things. Insurance is a business and they have to make a profit to keep in business.

Its not the man, but it is his plan, the plan his cronies forced down our throat. Was any one expecting it to all be free? Did you expect cheaper insurance??

[FishinCricket]

I'd qualify that a little -- a GOOD insurance agent.

No need to state the obvious, captain..

Was any one expecting it to all be free? Did you expect cheaper insurance??

What, you mean I don't get my free stuff now? I have to continue to toil and work for what i want? I thought all I had to do was vote the monkey into office and it would all just fall down into my lap like so many chocolate dominoes!!!

You have been asked to not discuss this here.. What type of discourse do you expect from this post? It's tantamount to putting up a billboard that says "How that hopey-changey thing werkin fer ya?"

I respect your opinion, but fer chrissakes, man, take it to the coffee shop or something... The man said NO, and (like my bucktoothed, slack jawed sister told you) NO MEANS NO!

:wink:

[Danoinark]

You might want to look into a health savings account and a major medical policy. It is what we switched to at work a few years ago and seems to be working fine. Employer pockets what he used to spend monthly minus the premiums for a $3k deductible medical plan. He matches 50/50 of the deductible and most are never out of pocket more than they were before. There is a prescription card program and a supplement like Afflac. I have never used it but it did cut down on the abusers that felt insurance should pay for all of their expenses. You have to pay out of pocket for small stuff, but are covered if anything major happens.

Insurance premiums are on the rise in all companies, better half seen at least a 30% increase at her job. It is not because of the man in office, it is insurance companies covering the liabilities of what they have to insure now. They have to carry kids to 26, which would have normally been transferred to a higher rate individual policy, they now have to insure the major risks which are coming in as a dead expense with all of their bills, and other things. Insurance is a business and they have to make a profit to keep in business.

Its not the man, but it is his plan, the plan his cronies forced down our throat. Was any one expecting it to all be free? Did you expect cheaper insurance??

Its not entirely that either JD. As in my group plan the increases are directly proportionate to the percentage of their loss over what the plan pays per year. For instance one gent had to have an ankle replacement. The cost of the operation was 70K.

Our plan cost my employer 600K this year, but they spent well over that in medical benefits for the employees. Our plan is going up 3 percent increase. Consequently two years ago, the plan cost went down because we were way under our premiums. Increasing health cost is not a new thing.

[eric1978]

Insurance is a business and they have to make a profit to keep in business.

I don't think this is political, but I'll remove it if I'm asked to...

Here are some insurance company CEO salaries for 2008. I wonder how many families had to lose loved ones so the hotshots could buy another house in the Hamptons. Did these parasites really "have to" make this much profit to keep the business afloat, especially at the expense of someone's husband, wife, mother, father or child?

Stephen Hemsley - UnitedHealth Group

Total Compensation: $3,241,042

Richard Barasch - Universal American

Total Compensation: $3,503,702

Jay Gellert - Health Net

Total Compensation: $4,425,355

Michael McCallister - Humana

Total Compensation: $4,764,309

James Carlson - AMERIGROUP

Total Compensation: $5,292,546

Michael Neidorff - Centene

Total Compensation: $8,774,483

Dale Wolf - Coventry Health Care

Total Compensation: $9,047,469

Angela Braly - WellPoint

Total Compensation: $9,844,212

H. Edward Hanway - CIGNA

Total Compensation: $12,236,740

Ron Williams - Aetna

Total Compensation: $24,300,112

[FishinCricket]

Its not entirely that either JD. As in my group plan the increases are directly proportionate to the percentage of their loss over what the plan pays per year. For instance one gent had to have an ankle replacement. The cost of the operation was 70K.

Our plan cost my employer 600K this year, but they spent well over that in medical benefits for the employees. Our plan is going up 3 percent increase. Consequently two years ago, the plan cost went down because we were way under our premiums. Increasing health cost is not a new thing.

I've got the same set up where I work.. Funny thing is, the owner and his wife are the highest expenditures our company has every year! (she's has lots of heart problems and they both take meds, meanwhile the entire staff is otherwise healthy)

[eric1978]

...meanwhile the entire staff is otherwise healthy)

I assume you're talking physically?

[FishinCricket]

I assume you're talking physically?

Reminds me of the guy that called in sick to work, the boss said:

"How sick are ya?"

Ol boy replied:

"Well I just had sex with a goat, how sick is that?"