General Discussion
In reply to the discussion: Why do people have kids with their boyfriends/girlfriends? [View all]Honeycombe8
(37,648 posts)and we ALL have to chip in to pay for it. Well, the beneficiary may have to pay a copay. But the ins. co. isn't going to take that money out of its own pocket. It goes into the claims paid bucket, on which premiums are based. So premiums will rise. It's simple math.
I just don't want to hear Dems complaining about premiums increasing, when they wanted increased coverage. Increased coverage = increased premiums. Like I said, simple math.
My premiums haven't been increasing that much lately. In fact, United Health Care gave rebates last year because of the ACA; they have to use 80% or 85% of premiums collected on paying claims. If they don't, they have to give refunds.
Yes, birth control coverage, because of huge # of people who take it, will be expensive. I estimated it'd cost my company's insurer about $12,000 to $20,000 a year in increased payments. Consider that it's not a one-time thing. It's a hormone that millions of women take every month, year after year, for years. And then younger women will start on them, as older women get off them. It's neverending. It's a big expense. It's more costly than ins. cos paying for viagra (which is ridiculous), diabetes, or any other chronic thing.
I was not in favor of it for that reason, although now I think it will be a good thing for lower middle class women who have bare bones ins. Most of the beneficiaries, though, aren't poor women. Poor women don't have insurance. These are middle class and wealthy women. Anyway, I don't want to hear the complaining about premium increases.