Again, you are so stupid you don't know anything. People with health insurance are paying for the people who don't have health insurance RIGHT NOW. It will all change in 2014 though.
We are screwed
- Thread starter benzmansl65amg
- Live activity
- Replies 226
- Views 5K
NhustlaR
10+ year member
Below me
Kind of, but not in the way you are portraying. If you do not have health insurance and go to the hospital they HAVE to treat you, however, they do not charge my insurance company. The hospital marks it as a loss on their taxes and get it back at the end of the year, taking from TAXPAYERS- NOT the people who have health insurance.
So yes, as long as you have a job or some other way of paying taxes to the government you are paying for people to get treated, but only when it is a necessity. Now people will go get treated for a ****ing headache instead of going when they absolutely NEED to go.
You my friend, are an idiot.
my point was that instead of paying the already retarded taxes we do, it will increase even more, making the US citizens even broker, and giving government more control. Lets see they own us made cars, millions of houses, the banks, most of the states (that took the bailout money) and now the healthcare. Fuck that
NhustlaR
10+ year member
Below me
I'm sure a lot are, around here we have a non-profit health care organization called Excellus.
Rochester, NY -- Excellus Health Plan Inc. made a profit of $84.3 million last year, most of that from investment income, according to a report the company filed with the state.
The profit for 2007 was $67.4 million lower than its 2006 profit of $152 million, a decline of 44 percent.
The nonprofit company also paid more than $1 million to four executives. An additional 57 executives made more than $200,000.
Excellus, based in Rochester, is the parent of Excellus BlueCross BlueShield, the area's dominant health insurer. It filed its annual report today with the state Insurance Department.
Excellus generated investment income of $76.1 million, which accounted for more than 90 percent of its profit.
"Our financial condition and strong operating results from 2004 to 2006 allowed us to set premiums in 2007 at essentially a break-even margin," Emil "Zeke" Duda, Excellus' chief financial officer, said in a prepared statement.
At the end of 2007, the health insurer's total enrollment remained unchanged at about 2 million members. That includes people in the insurer's health plans and self-funded plans.
Because Excellus is a nonprofit, any profits it makes are set aside in a reserve fund to use when it has unusually high claims or lower-than-expected revenues. The company has $1.2 billion in reserves, or about $633 per member. Excellus said the 39 Blues plans nationwide reported an average of $678 per member in reserves.
so even though they have a shitload of money in the bank, it doesn't mean they're taking it home. If there was ever an epidemic such as H1N1, the company would be totally broke. an ER visit costs approx 1800 dollars here (what my brother was billed after a high fever. He spent 2 hours there, an IV with sailene, temperature taken and a chest x-ray. ) Now tell me that having a cushion of 700 dollars a person is out of control...
SOME companies are rediculous on premiums- because they are companies which can be traded. If a private investor puts money into your company, you do not want them to pull it, so you try to show as much of a profit as you can, and you do that by raising premiums. They should have passed a bill that banned health care companies from being a part of the stock exchange.
Rochester, NY -- Excellus Health Plan Inc. made a profit of $84.3 million last year, most of that from investment income, according to a report the company filed with the state.
The profit for 2007 was $67.4 million lower than its 2006 profit of $152 million, a decline of 44 percent.
The nonprofit company also paid more than $1 million to four executives. An additional 57 executives made more than $200,000.
Excellus, based in Rochester, is the parent of Excellus BlueCross BlueShield, the area's dominant health insurer. It filed its annual report today with the state Insurance Department.
Excellus generated investment income of $76.1 million, which accounted for more than 90 percent of its profit.
"Our financial condition and strong operating results from 2004 to 2006 allowed us to set premiums in 2007 at essentially a break-even margin," Emil "Zeke" Duda, Excellus' chief financial officer, said in a prepared statement.
At the end of 2007, the health insurer's total enrollment remained unchanged at about 2 million members. That includes people in the insurer's health plans and self-funded plans.
Because Excellus is a nonprofit, any profits it makes are set aside in a reserve fund to use when it has unusually high claims or lower-than-expected revenues. The company has $1.2 billion in reserves, or about $633 per member. Excellus said the 39 Blues plans nationwide reported an average of $678 per member in reserves.
so even though they have a shitload of money in the bank, it doesn't mean they're taking it home. If there was ever an epidemic such as H1N1, the company would be totally broke. an ER visit costs approx 1800 dollars here (what my brother was billed after a high fever. He spent 2 hours there, an IV with sailene, temperature taken and a chest x-ray. ) Now tell me that having a cushion of 700 dollars a person is out of control...
SOME companies are rediculous on premiums- because they are companies which can be traded. If a private investor puts money into your company, you do not want them to pull it, so you try to show as much of a profit as you can, and you do that by raising premiums. They should have passed a bill that banned health care companies from being a part of the stock exchange.
RAM_Designs
5,000+ posts
SketchUp Master
I love you Rio.
snoopdan
5,000+ posts
Banned
I just ate a turkey sandwhich.
RAM_Designs
5,000+ posts
SketchUp Master
mashed taters?
RetroAudioinc
5,000+ posts
Custom Car Audio Decals
with or with out mayo?
AlterEgo99
5,000+ posts
Streaming consciousness
I'm likin' where this thread is goin'...lulz. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
thegreatestpenn
5,000+ posts
lazy genius
I am a customer. I pay a business for a service upon my need for it on a monthly bases. When I need service, I contact the business to provide me the service I have paid for. They deny me service for whatever reason they deem fit. Would you seek justice through the legal system? Would you expect the government to step in an stop this business from mistreating its customers?
This in a nutshell is how the health insurance companies have been operating for years. You pay premiums, but are not guaranteed service no matter how healthy you are. Become chronically ill? not their problem. Have a special needs child? not their problem. You can live healthy, eat healthy, work a good job, do everything right all your life but get chronically ill and have all your hard-earned savings go to medical bills and be broke with the current system. The Government is saying "that's is not right and since you insurance companies won't change we have to step in and protect the public from your practices."
They needed regulation, they have been operating in a corrupt manner comparable to the Mob and loan sharks. Is the current healthcare bill perfect? no way. Is it better than the current situation? By and large. I work in the healthcare industry and see patients leave their family in terrible debt just because they got sick unexpectedly
This in a nutshell is how the health insurance companies have been operating for years. You pay premiums, but are not guaranteed service no matter how healthy you are. Become chronically ill? not their problem. Have a special needs child? not their problem. You can live healthy, eat healthy, work a good job, do everything right all your life but get chronically ill and have all your hard-earned savings go to medical bills and be broke with the current system. The Government is saying "that's is not right and since you insurance companies won't change we have to step in and protect the public from your practices."
They needed regulation, they have been operating in a corrupt manner comparable to the Mob and loan sharks. Is the current healthcare bill perfect? no way. Is it better than the current situation? By and large. I work in the healthcare industry and see patients leave their family in terrible debt just because they got sick unexpectedly
snoopdan
5,000+ posts
Banned
I support the bill. Bill Murray that is.
Activity
No one is currently typing a reply...
About this thread
- Start date
- Participants
- Who Replied
- Replies
- 226
- Views
- 4,936
- Last reply date
- Last reply from
- audiolife
