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Joined: Feb 2006
Posts: 12,129 Likes: 257
Pooh-Bah
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Pooh-Bah
Joined: Feb 2006
Posts: 12,129 Likes: 257 |
NWP: The one number almost impossible to find is the total paid in premiums each year. (Ya think maybe they don't want us to know?) Here's one story that has a solid number: Senator Franken on Huffington Post The MLR values I found on multiple web pages. (Lots of different values tossed around, and varies widely by company.) If anything, the value I used understates the health insurance company's percentage. The 65% figure, I remembered from an article I read last year. The Medicare overhead of <5% is from multiple web sources. Lots of folks trying to claim it is higher because of [fill in the blank with their crackpot theory] but all the reputable sources claim something more like 4%. I just glanced at an article claiming Canada's single payer system overhead is 1%!
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Joined: Sep 2011
Posts: 18,003 Likes: 191
Moderator Carpal Tunnel
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Moderator Carpal Tunnel
Joined: Sep 2011
Posts: 18,003 Likes: 191 |
We think we live in a "high information" period, yet there are many important pieces of information that elude us, unless we have researchers who can track them down. I don't personally have that kinda time. I get what I can from what I consider reliable sources - sometimes biased, but if they can dig up the information and provide citations from reliable sources, I take it. You'd be one of those. 
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.
Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich
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Joined: Aug 2004
Posts: 17,177 Likes: 254
It's the Despair Quotient! Carpal Tunnel
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It's the Despair Quotient! Carpal Tunnel
Joined: Aug 2004
Posts: 17,177 Likes: 254 |
Our "high information" resembles the information flow on Citizens Band radio. Anyone who has ever ventured to lend an ear to the 11-meter 27 Mhz segment of the radio spectrum will tell you that although there is a lot of "information" flowing, most of it consists of this. And this. A lot of blabber but not very much information. PS: "Shooting skip" is the method by which extremely long distance communications can be achieved using sky wave propagation, or more simply, bouncing your signal off the ionosphere and having it skip in 750 mile hops across the globe.
"The Best of the Leon Russell Festivals" DVD deepfreezefilms.com
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Joined: Oct 2006
Posts: 3,643
enthusiast
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enthusiast
Joined: Oct 2006
Posts: 3,643 |
On Monday, the president himself suggested as much. In a sit-down with ABC's Dianne Sawyer, Obama called the decision to hold negotiations on health care legislation without the cameras present a "legitimate mistake." Certainly, he broke a campaign pledge. Going forward, the president stressed a more open process: "Part of what I had campaigned on was changing how Washington works, opening up transparency and I think it is -- I think the health care debate, as it unfolded, legitimately raised concerns not just among my opponents, but also amongst supporters that we just don't know what's going on. And it's an ugly process and it looks like there are a bunch of back-room deals. Now I think it's my responsibility and I'll be speaking to this at the State of the Union, to own up to the fact that the process didn't run the way I ideally would like it to and that we have to move forward in a way that recaptures that sense of opening things up more." Gosh, I'm awed. Finally some transparency. I'm really relieved now.
Turn on ANY brand of political machine - and it automatically goes to the "SPIN and LIE CYCLE" 
Yours Truly - Gregg
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Joined: Feb 2006
Posts: 12,129 Likes: 257
Pooh-Bah
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Pooh-Bah
Joined: Feb 2006
Posts: 12,129 Likes: 257 |
All the talking points about the glories of Free Market versus Govenrment health care may be moot: Federal and state programs will pay slightly more than half the tab for health care purchased in the United States by 2012, says the analysis by Medicare number crunchers published in the journal Health Affairs.
That's even if Obama's health care overhaul wastes away in congressional limbo. Long in coming, the shift to a health care sector dominated by government is being speeded up by the deep economic recession and the aging of the Baby Boomers, millions of whom will soon start signing up for Medicare. From: Gov't moving into central role in health care - AP
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Joined: Jun 2004
Posts: 21,134
Administrator Bionic Scribe
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Administrator Bionic Scribe
Joined: Jun 2004
Posts: 21,134 |
California's largest for-profit health insurer is moving to dramatically raise rates for customers with individual policies, setting off a furor among policyholders and prompting state insurance regulators to investigate.
Anthem Blue Cross is telling many of its approximately 800,000 customers who buy individual coverage -- people not covered by group rates -- that its prices will go up March 1 and may be adjusted "more frequently" than its typical yearly increases.
The insurer declined to say how high it is increasing rates. But brokers who sell these policies say they are fielding numerous calls from customers incensed over premium increases of 30% to 39%, saying they come on the heels of similar jumps last year. Los Angeles Times
Life is a banquet -- and most poor suckers are starving to death -- Auntie Mame You are born naked and everything else is drag - RuPaul
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Joined: Feb 2006
Posts: 12,129 Likes: 257
Pooh-Bah
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Pooh-Bah
Joined: Feb 2006
Posts: 12,129 Likes: 257 |
Imagine the kind of competitive rates those 800,000 individual policy buyers could get if they just formed a group! Not to mention that they would not have to worry about having their policy cancelled or having a pre-existing condition coverage waiting period.
That's almost 20 times larger than the largest employer in California. So they could actually form 20 different groups and still get the very best group rates.
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Joined: Jun 2004
Posts: 21,134
Administrator Bionic Scribe
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Administrator Bionic Scribe
Joined: Jun 2004
Posts: 21,134 |
Yes, now to get the mailing list .....
Life is a banquet -- and most poor suckers are starving to death -- Auntie Mame You are born naked and everything else is drag - RuPaul
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