by liaoyu03 » Sat Sep 08, 2007 06:30 pm
Have you ever heard the saying "Insurance poor"? Well thats me, I have insurance for everything even renters insurance. I live in an apartment and this insurance covers my belongings in the apartment, right down to the lost sock in the drawer.
Car insurance, life insurance, medical insurance, dental insurance, hospital insurance, If it can be insured then I must have it insured. So with all the money paid out for insurance I'm called "insurance poor" because that's where my money goes. My car insurance is the highest $198 per month. Medical insurance is $188 per month, Dental insurance is least at $14 per month.
Car insurance, life insurance, medical insurance, dental insurance, hospital insurance, If it can be insured then I must have it insured. So with all the money paid out for insurance I'm called "insurance poor" because that's where my money goes. My car insurance is the highest $198 per month. Medical insurance is $188 per month, Dental insurance is least at $14 per month.
Posted: Sun Aug 07, 2011 03:11 pm Post Subject:
that's the problem with health insurance, everyone uses it, so the price keeps going up, making us... you guessed it, insurance poor!
You'd be much poorer if you had no health insurance and had the occasion to be hospitalized in need of surgery or treatment for cancer.
It's not the use of health insurance that drives the cost, it's the ever increasing cost of care . . . driven mostly by GOVERNMENT INTERFERENCE with a capitalistic economy that is to blame. Since Medicare and Medicaid pay hospitals and doctors pennies on the dollar for their services, hospitals and doctors charge others, with or without insurance, more in an effort to make up the difference.
Insurance companies are in business to make money. They maintain their profitability, in the face of increasing costs, by raising the cost of insurance. You wouldn't want it any other way if you actually understood this concept. You wouldn't want to do business with an unprofitable insurance company, because when it came time to pay your claim, there would be no money. Even though you had paid your premium.
If you bought into the idea that Obamacare will lower the cost of health insurance, you are a fool. If not dramatically altered in the next two years, come 2014, the "sword" will fall on the necks of Americans across the country. One of two things will happen: the cost of health insurance will begin to skyrocket and/or the commercial health insurance industry will evaporate, leaving us with a "single payer" system the Democrats were unable to cram down our throats in 2009-2010.
When the government is the only source of your health care, you'll wish you had a private insurance option, because the government has not shown the ability to do anything profitably.
As is now becoming apparent to most Americans as they watched Congress dodge the debt-ceiling limit in the last week, in the past three years, since Obama's election, Congress has failed to actually present and pass a budget. Few observers believe they even came up with some kind of long term solution. How can you expect them to run, let alone fund, a health care system?
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