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I was speaking with a friend (an Ob/Gyn) who has decided to become a Gyn only because of the malpractice insurance premiums. They weren’t far off the cost of my house. She was naive/idealistic enough to go and work in a low-income area, where many of the mothers had complicating problems such as drug dependency, poor nutrition, diabetes. Needless to say she got sued up the wazzoo, as did her colleagues, every year. Because so many cases settle there was little incentive not to sue.
that’s pretty funny comparing to auto insurance.
Older car gets less I need insurance and less amt of money gonna collect for big wreck.
Older people get — more they need the insurance…bigger the claims and more and more expensive to buy.
Thanks, 6 years, they may already have nixed the idea for this summer, since my cousin and her husband are the financiers of this expedition. I hope not though.
I gave the correct answer on healthcare costs Wednesday.
The increase in premiums in the past year was a direct result of increased insurance company mandates from the Obamacare laws which stipulated increased coverage in many areas.
To meet those mandates, private insurers were forced to increase premiums.
As evidence of the onerous mandates I gave the example of companies forced to ask for waivers to exclude their health plans from these mandates which would have put a huge burden on their ability to retain worker benefits.
You cannot place a massive entitlement inside the framework of a free market system and expect it to suddenly work.
It’s like asking McDonald’s to give out food stamps and still be competitive.
Won’t work.
Solution: introduce free market competition and semi-privitazation into the Medicare/Medicaid system to make it more accountable.
Introduce more competition to private sector health insurance. Like the auto insurance industry.
Introduce ideas that reward good health and incentivize less doctor visits, NOT MORE! (i.e. Health Savings Accounts)
Tort Reform. Period.
Jordan is fine. I have friends who are there right now (including one evacuee from Yemen) and all is well. There are occasional protests but nothing dangerous. Your cousin’s kid should go!
6 years…..my cousin’s kid is finishing up school. Anthropology and Arabic studies. She discussed her plans for spending the summer in Jordan. Parents in a nanosecond…”NO!!!”. Is it still so touchy there?
I don’t really get the hatred for the insurance companies.
The entire health care system is screwed up and out of control from a price/service point of view.
The insurance companies certainly play a key role in the system and are by no means innocent, but they are not the hugely profitable behemoths people make them out to be.
I was speaking with a friend (an Ob/Gyn) who has decided to become a Gyn only because of the malpractice insurance premiums. They weren’t far off the cost of my house. She was naive/idealistic enough to go and work in a low-income area, where many of the mothers had complicating problems such as drug dependency, poor nutrition, diabetes. Needless to say she got sued up the wazzoo, as did her colleagues, every year. Because so many cases settle there was little incentive not to sue.
that’s pretty funny comparing to auto insurance.
Older car gets less I need insurance and less amt of money gonna collect for big wreck.
Older people get — more they need the insurance…bigger the claims and more and more expensive to buy.
So legion, what was the cause for huge health care cost increases over the previous 20 years?
Thanks, 6 years, they may already have nixed the idea for this summer, since my cousin and her husband are the financiers of this expedition. I hope not though.
I gave the correct answer on healthcare costs Wednesday.
The increase in premiums in the past year was a direct result of increased insurance company mandates from the Obamacare laws which stipulated increased coverage in many areas.
To meet those mandates, private insurers were forced to increase premiums.
As evidence of the onerous mandates I gave the example of companies forced to ask for waivers to exclude their health plans from these mandates which would have put a huge burden on their ability to retain worker benefits.
You cannot place a massive entitlement inside the framework of a free market system and expect it to suddenly work.
It’s like asking McDonald’s to give out food stamps and still be competitive.
Won’t work.
Solution: introduce free market competition and semi-privitazation into the Medicare/Medicaid system to make it more accountable.
Introduce more competition to private sector health insurance. Like the auto insurance industry.
Introduce ideas that reward good health and incentivize less doctor visits, NOT MORE! (i.e. Health Savings Accounts)
Tort Reform. Period.
Jordan is fine. I have friends who are there right now (including one evacuee from Yemen) and all is well. There are occasional protests but nothing dangerous. Your cousin’s kid should go!
6 years…..my cousin’s kid is finishing up school. Anthropology and Arabic studies. She discussed her plans for spending the summer in Jordan. Parents in a nanosecond…”NO!!!”. Is it still so touchy there?
“live jazz in parks”
[Must get mind out of gutter]
I don’t really get the hatred for the insurance companies.
The entire health care system is screwed up and out of control from a price/service point of view.
The insurance companies certainly play a key role in the system and are by no means innocent, but they are not the hugely profitable behemoths people make them out to be.