Health insurance companies predate the weakest consummer

[mattpegher]

In what universe is it ethical, for Anthem BC/BS to increase the rates for those who buy their insurance privately, while leaving the group rates the same?
I sincerely doubt that I will ever see a politician strong enough to demand fair and ethical rates from the insurance industry, ie individual rates and small group rates close to group rates.

 

[PokerGuy]

Huh? Why should a business not be able to charge whatever it wants for whatever service it provides?? Is it somehow unethical for Newegg to sell me 10,000 video cards for $50 a piece and sell you as an individual buyer one video card for $75? are you that dense?

WTF does "fair and ethical rates" mean?

 

[1prophet]

Huh? Why should a business not be able to charge whatever it wants for whatever service it provides?? Is it somehow unethical for Newegg to sell me 10,000 video cards for $50 a piece and sell you as an individual buyer one video card for $75? are you that dense?

WTF does "fair and ethical rates" mean?

And if I was able to join a collective with 9,999 other people in order to buy that video card should Newegg give me the same price as you buying 10,000 cards?

 

[ElFenix]

In what universe is it ethical, for Anthem BC/BS to increase the rates for those who buy their insurance privately, while leaving the group rates the same?
I sincerely doubt that I will ever see a politician strong enough to demand fair and ethical rates from the insurance industry, ie individual rates and small group rates close to group rates.

there are actuarial reasons why large groups are charged less than smaller groups and individuals.

 

[MotF Bane]

In what universe is it ethical, for Anthem BC/BS to increase the rates for those who buy their insurance privately, while leaving the group rates the same?
I sincerely doubt that I will ever see a politician strong enough to demand fair and ethical rates from the insurance industry, ie individual rates and small group rates close to group rates.

The facepalm is strong in this one.

 

[mattpegher]

And if I was able to join a collective with 9,999 other people in order to buy that video card should Newegg give me the same price as you buying 10,000 cards?

Exactly, wholesale pricing for bulk purchases is not a good model for group rates in insurance.

 

[cubby1223]

You do realize that this is the way business works in pretty much *all* industries, right?

 

[mattpegher]

there are actuarial reasons why large groups are charged less than smaller groups and individuals.

This argument has been used by the industry but I would like to see some 3rd party data.

 

[HumblePie]

Huh? Why should a business not be able to charge whatever it wants for whatever service it provides?? Is it somehow unethical for Newegg to sell me 10,000 video cards for $50 a piece and sell you as an individual buyer one video card for $75? are you that dense?

WTF does "fair and ethical rates" mean?

Fine and dandy for video cards, consumer goods, and luxury items. Not so fine for something everyone needs to live. Next time you want a discount on my Druidia air, you need to make bulk purchases of 100K cans or more

 

[Fear No Evil]

Fine and dandy for video cards, consumer goods, and luxury items. Not so fine for something everyone needs to live. Next time you want a discount on my Druidia air, you need to make bulk purchases of 100K cans or more

Everybody doesn't NEED healthcare to live. Its damn nice to have to live LONGER however.

 

[AnitaPeterson]

http://www.thefreedictionary.com/predate

Methinks you mean "prey". Otherwise, the thread title is just funny nonsense.

 

[her209]

And if I was able to join a collective with 9,999 other people in order to buy that video card should Newegg give me the same price as you buying 10,000 cards?

Exactly. This is what the "public option" would have allowed people to do.

 

[GuitarDaddy]

You do realize that this is the way business works in pretty much *all* industries, right?

And this is precisely the part you guys will never understand. HEALTHCARE SHOULD NOT BE A FOR PROFIT BUSINESS.

I know this makes you free market types cringe, because as far as you guys are concerned healthcare is the "perfect" business because the normal laws of supply and demand don't work so it has become the bottomless pit of profit, the cash cow of all cash cows.

America needs to decide whats more important
1. The healthiest populace
2. The most profitable healthcare industry

We can't have both, and so far we have sacrificed #1 for #2 at every possible turn

 

[ElFenix]

This argument has been used by the industry but I would like to see some 3rd party data.

contact your state board of insurance

And this is precisely the part you guys will never understand. HEALTHCARE SHOULD NOT BE A FOR PROFIT BUSINESS.

damn those doctors for their high standard of living!

or do you really just mean the payment systems for medical care delivery shouldn't be a for profit industry?



edit:

That's right. Liberals want you to work for free. Liberals want you to go to med school, graduate with 200k of debt and make minimum wage. That's what Democrats want for you. That's Democrats' version of "equality". Businesses are evil, doctors be damned if they want to start their own practice.

You're able, and you should provide for everybody. Most liberals have never worked hard and did anything substantial with their lives and they're only looking to redistribute. Scientists (many of whom don't get paid a whole lot), MDs, Engineers, etc all work for free while Democratic trial lawyers and welfare queens leech off of everybody's elses' hard work.

 

[xj0hnx]

Fine and dandy for video cards, consumer goods, and luxury items. Not so fine for something everyone needs to live. Next time you want a discount on my Druidia air, you need to make bulk purchases of 100K cans or more

Give me a fucking break, people have survived thousands of years without health care insurance. Health care insurance is a luxury item. If people were responsible and used health care insurance right, we likely wouldn't even be having this debate, but since everyone wants to put everything from a bottle of aspirin to a check-up on their insurance instead of just paying for it out of pocket, it has set an environment for prices to skyrocket.

 

[GuitarDaddy]

http://www.thefreedictionary.com/predate

Methinks you mean "prey". Otherwise, the thread title is just funny nonsense.

Methinks you are wrong, and the good doctor was correct

look at the 3rd verb usase, under the thesaurus tab on the very link you posted

3. predate - prey on or hunt for; "These mammals predate certain eggs"

 

[GuitarDaddy]

double post dooh!

 

[alphatarget1]

And this is precisely the part you guys will never understand. HEALTHCARE SHOULD NOT BE A FOR PROFIT BUSINESS.

That's right. Liberals want you to work for free. Liberals want you to go to med school, graduate with 200k of debt and make minimum wage. That's what Democrats want for you. That's Democrats' version of "equality". Businesses are evil, doctors be damned if they want to start their own practice.

You're able, and you should provide for everybody. Most liberals have never worked hard and did anything substantial with their lives and they're only looking to redistribute. Scientists (many of whom don't get paid a whole lot), MDs, Engineers, etc all work for free while Democratic trial lawyers and welfare queens leech off of everybody's elses' hard work.

 

[PokerGuy]

And if I was able to join a collective with 9,999 other people in order to buy that video card should Newegg give me the same price as you buying 10,000 cards?

If they wanted to, they could, if not, they wouldn't. They can price their products the way they want to. It's up to you if you want to purchase from them or from some other vendor.

 

[PokerGuy]

there are actuarial reasons why large groups are charged less than smaller groups and individuals.

Distribution of risk / risk reduction through pooling. That's the principle behind insurance, it's not about the prices through volume/efficiency, it's about reduction of risk through pooling.

 

[sandorski]

Give me a fucking break, people have survived thousands of years without health care insurance. Health care insurance is a luxury item. If people were responsible and used health care insurance right, we likely wouldn't even be having this debate, but since everyone wants to put everything from a bottle of aspirin to a check-up on their insurance instead of just paying for it out of pocket, it has set an environment for prices to skyrocket.

For thousands of years 40 years Old was being very Old.

 

[Hacp]

We need less regulation. Why can insurance companies charge whatever they want? Because they bought out the government! They basically have monopolies in their regional area and players from other states can't swoop in to compete. Get rid of the regulation and watch competition lower prices.

 

[PokerGuy]

For thousands of years 40 years Old was being very Old.

Health care and health insurance are very different things.

 

[shadow9d9]

contact your state board of insurance




damn those doctors for their high standard of living!

or do you really just mean the payment systems for medical care delivery shouldn't be a for profit industry?



edit:

Wellpoint made 2.5 BILLION dollars in profit last year.. yep, it is the fault of those doctors!

Elmoron.

 

[ElFenix]

Wellpoint made 2.5 BILLION dollars in profit last year.. yep, it is the fault of those doctors!

Elmoron.

and if they saved their customers 5 billion off the doctor's cash n' carry prices or by denying claims that weren't medically useful? and was that an accounting profit or an economic profit?

further, i'm trying to whittle down from what people say to what people really mean. obviously i don't think the guy really wants doctors to not have a fairly high income relative to the general population. but expecting medical care and technology to be provided at accounting cost is ridiculous.


nice personal attack btw.