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Fri Apr 13, 2012, 08:52 PM

Health care plans - Is a 9.9% increase for all forms of plans coincidental?

I do remember a certain Congress member speaking on this issue of 'guaranteed profit.'

Not sure when we'll ever be allowed to have a real discussion of a national, not for profit system.

http://www.pnhp.org/news/2012/april/is-a-99-increase-for-all-forms-of-plans-coincidental
Posted on: Thursday, April 12, 2012

Is HHS serious about controlling insurance premiums?
Quote of the Day comment by Don McCanne
PNHP, December 21, 2010

"As far as setting a threshold for selecting the level of unreasonable premium increases which would be reviewed, Health and Human Services (HHS) has decided that plans with less than 10 percent premium increases would not be reviewed. That is a level well in excess of measures of medical cost inflation. Imagine compounded premium increases of 9.99 percent per year on top of premiums that are already unaffordable.


...Costs for all types of medical plans are expected to increase by 9.9 percent for 2012, according to a survey by Buck Consultants, A Xerox Company.

...How long can we anticipate having government-sanctioned 9.9 percent annually-compounded private insurance rate increases? "




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Reply Health care plans - Is a 9.9% increase for all forms of plans coincidental? (Original post)
slipslidingaway Apr 2012 OP
Fumesucker Apr 2012 #1
slipslidingaway Apr 2012 #4
justgamma Apr 2012 #2
TheKentuckian Apr 2012 #3
slipslidingaway Apr 2012 #5
OneTenthofOnePercent Apr 2012 #6
slipslidingaway Apr 2012 #7

Response to slipslidingaway (Original post)

Fri Apr 13, 2012, 09:22 PM

1. Once is happenstance, twice is coincidence..

But three times is enemy action Mr Bond.. -Auric Goldfinger

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Response to Fumesucker (Reply #1)

Fri Apr 13, 2012, 09:51 PM

4. Yes, my thinking as well, and if a for profit company can get away with it they will ...

responsibility is to their shareholders after all.



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Response to slipslidingaway (Original post)

Fri Apr 13, 2012, 09:25 PM

2. Until they are subject to antitrust laws,

there will be no competitive prices set. Who's idea was it to exclude baseball and health insurance from these laws?

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Response to justgamma (Reply #2)

Fri Apr 13, 2012, 09:32 PM

3. I don't know off hand but it was done about a hundred years ago

The bigger concern is why was it allowed to remain in place after "reform"?

I mean I know Ben Nelson was all over it but how can you effectively regulate a legal cartel? You can't and that means smoke and mirrors with a few pay to play features to help the people swallow a newly minted too big to fail sector with a key to the treasury and equity in every American soul.

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Response to justgamma (Reply #2)

Fri Apr 13, 2012, 09:54 PM

5. No idea, for now it would be nice to have a full discussion of all systems...

unfortunately politicians continue to block that idea.

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Response to slipslidingaway (Original post)

Fri Apr 13, 2012, 10:04 PM

6. If you can dictate demand you can dictate your profit.

 

Simple economics.... more demand = higher price. Force everyone to buy insurance (infinite demand) and you can dictate your prices due to te now mandated inelastic demand. Anybody wanna guess how the this HCR shit-legislation ACTUALLY passed a congress that has been gridlocked by partisan pissing matches? Because the corporate interests lining the pockets of BOTH parties wanted the HCR. Anyone seeing this as a coincidence is clueless.

Healthcare mandate = inelastic demand.

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Response to OneTenthofOnePercent (Reply #6)

Fri Apr 13, 2012, 11:47 PM

7. Yes, but profits are now regulated ...

so it is all good!



Corporate interests invited to sit at the negotiating table and not for profit advocates locked out of discussions.


AHIP ad in support of the HC bill

AHIP commercial for health care reform - "If everyone is covered..."
equals mandate.

http://journals.democraticunderground.com/slipslidingaway/97


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