“I took a look a while back at health premiums by state. They seemed much higher in NYS than even nearby states as I recall. Must be a reason for that.”
NYT examined this phenomenon a few months ago.
NYS requires that insurance companies take all individual policy comers at the same rate, regardless of health condition. Also, insurance companies are mandated by state legislature to cover a huge spectrum of procedures, such as multiple in-vitro attempts.
Net result: it becomes insurance of last resort for those with serious medical conditions, driving up costs. Healthy young people drop out, opting for just catastrophic hospital insurance. Pool of applicants implodes to only those who absolutely need it, i.e folks with serious medical conditions.
denton – In UK they have something like that. You can have National Health but also pay a premium for BUPA which moves you up in a private line for procedures w/ long waiting lists. Most doctors have both NH & private patients.
Naturally there would have to be a tax increase to pay for this, but people would end up with more money in pocket due to greater efficiency, and better results.
R I G H T Whenever anything is administered by the government it always winds up more efficient!!!!
Rob’s got some good points today though!
Cobra is a nightmare – am payinf $382 a month to cover myself and my husband and had the Gov’t NOT stepped in and offer the subsidy I would be paying $1100 a month
meantime my UI checks total $1400 – woo hoooo
this is insanity
Biggest downside of being self-employed is H.I. I was paying $1165. per month for health insurance when I turned 65 & it was the cheapest decent plan I could get. This year the same plan in up to $1295.
Love the idea of saffron Jello! My autumn flowering crocus are up – I’ll try to make the Jell-o when they flower.
saffron tastes great in booze too
“I took a look a while back at health premiums by state. They seemed much higher in NYS than even nearby states as I recall. Must be a reason for that.”
NYT examined this phenomenon a few months ago.
NYS requires that insurance companies take all individual policy comers at the same rate, regardless of health condition. Also, insurance companies are mandated by state legislature to cover a huge spectrum of procedures, such as multiple in-vitro attempts.
Net result: it becomes insurance of last resort for those with serious medical conditions, driving up costs. Healthy young people drop out, opting for just catastrophic hospital insurance. Pool of applicants implodes to only those who absolutely need it, i.e folks with serious medical conditions.
denton – In UK they have something like that. You can have National Health but also pay a premium for BUPA which moves you up in a private line for procedures w/ long waiting lists. Most doctors have both NH & private patients.
Is there a place that sells gourmet bologna sammiches fried nice and hard with ketchup and mayo?
Just take some wood, nail it togehter, write “Paris” on it and voila, retire early.
Naturally there would have to be a tax increase to pay for this, but people would end up with more money in pocket due to greater efficiency, and better results.
R I G H T Whenever anything is administered by the government it always winds up more efficient!!!!
Naturally there would be a tax increase.
Bxgrl – yeah I understand
Rob’s got some good points today though!
Cobra is a nightmare – am payinf $382 a month to cover myself and my husband and had the Gov’t NOT stepped in and offer the subsidy I would be paying $1100 a month
meantime my UI checks total $1400 – woo hoooo
this is insanity
Biggest downside of being self-employed is H.I. I was paying $1165. per month for health insurance when I turned 65 & it was the cheapest decent plan I could get. This year the same plan in up to $1295.
Love the idea of saffron Jello! My autumn flowering crocus are up – I’ll try to make the Jell-o when they flower.
“I need a visual on you. What famous person would you say you most resemble?” — let us answer that, not him.