Showing posts with label Private Insurance. Show all posts
Showing posts with label Private Insurance. Show all posts

Tuesday, November 21, 2017

Those Free Market Private Hospitals...Milwaukee has the most Expensive in Nation!!!

So how will the free market effect health care? We've been told by Republicans that competition will bring prices down. Well, no, there's no guarantee and it's not a true statement. Check this out. WHA:
A recent report by San Francisco company Amino ranked Milwaukee first for the most expensive hospitals in the United States among cities with 1 million or more residents.

The analysis by Amino found wide variation in prices among hospitals across the country and in Milwaukee. According to Vivero, there's "about (a) 163 percent difference for the same (billing) code, same services from facility to facility. And these can make substantial differences for people — in fact (they) can be the difference between being in debt or bankruptcy or not for consumers who are dealing with deductibles that are far higher than the savings they have in the bank."
Complicated Private Health Insurance: All of this makes knowing what the hell is in your health insurance plan impossible, and who can keep up with that, and then research whether the hospital isn’t going to bankrupt your family. Republicans seem to think we have all the time in the world to figure out how to spend our hard earned money, but still get ripped off:
"It’s not about going to the cheapest provider of care," said Vivero. "It’s about understanding, for a consumer, (what hospital) is in network," and also provides high-quality care.
The TrumpCare plan wants people to form or join larger groups to get a group discount rate. Well, how did that work out:
Southeast Wisconsin has long had a reputation for high health care prices, something business leaders have tried to control since 2003 when they formed the Business Health Care Group.
Nope, that didn’t work. The free market system is unpredictable and complicated (“nobody knew that healthcare could be so complicated”). So many variables that it can’t be controlled, especially when mergers consolidate power and higher prices:
Southeast Wisconsin’s historically high health care costs are due in part to an older population and little competition among providers.

"Part of it has been that they’ve been able to charge what the market will bear because it's a moderately concentrated market," said independent health care market analyst Allan Baumgarten. "It’s become more concentrated in the last couple of years. Part of it is you have certain systems, I would say specifically Aurora, which are regarded by many employers as 'must have' providers in a network because they are the (doctors) your employees want to see."

Sunday, April 23, 2017

What is Health Insurance? Republicans don't Know!!!

So many tricks, so many deceptions.

Rep. Mark Sanford would never say what he said in the interview below if he knew how insurance worked, or maybe he knew but was lying. It wouldn't be the first time for this philandering con man.



Point by Point Breakdown:

1. Insurance is based on one model; it's large pool of insured people spreading the risks and costs, keeping premiums down. The ACA simply let insurers sell a standard plan to a large pool of Americans...it let them be "insurance."
Sanford: "The difficulty of what we started with was it wouldn't let insurance be insurance within the individual marketplace."
2. Republicans want to pit the sick against the currently healthy, claiming it's unfair the (still) healthy pay slightly higher premiums so others get treated. Now that's sick. Sanford's "privatize the healthy" for higher insurance industry profits goes something like this..."Let that part be real insurance!'  
Sanford: "So you folks with real needs...the Affordable Care Act has helped them in fairness to the Affordable Care Act. But for a lot of other folks out there, they've seen their premiums skyrocket, they've seen less in the line of choice, and what a number of them said, let that part be real insurance."
Wait a minute, health insurance before ObamaCare was skyrocketing, when the sick couldn't get health care, people who got sick with insurance were turned down and canceled, high risk pools covered the sick but at astronomical premiums, and regular premiums and deductibles skyrocketed. Sanford wants to go back to that...what a time it was....:
Premiums for these policies were increasing more than 10% a year, on average, while the policies themselves had major deficiencies. They often excluded pre-existing conditions, charged higher premiums for people with health risks and for young women, placed limits on annual and lifetime benefits, or refused to renew policies for individuals who became sick. Many people who tried to buy plans were turned down. In 2010, an estimated 9 million adults who had tried to buy a plan in the individual market over the prior three years reported that they were turned down, charged a higher price, or had a condition excluded from their plan because of their health.

Faced with unsubsidized premiums and flawed products, the majority of consumers who tried to buy a plan remained uninsured. Only healthy people could get policies, and only those with good incomes could afford the premiums.

Returning to the status quo ante — before the ACA — is not a viable option for the individual markets.
The New LEFT? Sanford closed the segment by creating a new left, leaving out Democrats completely...it was no accident:
Sandford: "...negotiation that have been taking place, between Mark Meadows from the right if you will, and somebody like MacArthur from the LEFT, in the melding of ideas within the Republican conference."