Off-Topic :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Health insurers have to give back 1.2 bn dollars
Posted by:
Lester
()
Date: April 26, 2012 09:32PM
The new federal health insurance law limits how much they can charge beyond what's needed to cover medical expenses. No more than 20 percent of your premium can go to overhead costs and profit.
The health insurance premium rebates may be as much as $517 per person.
http://www.bloomberg.com/news/2012-04-25/health-insurers-to-give-back-1-2-billion-analyst-says.html?cmpid=yhoo
The health insurance premium rebates may be as much as $517 per person.
http://www.bloomberg.com/news/2012-04-25/health-insurers-to-give-back-1-2-billion-analyst-says.html?cmpid=yhoo
Re: Health insurers have to give back 1.2 bn dollars
Posted by:
Lester
()
Date: April 26, 2012 09:34PM
Unless you buy insurance on your own, your employer is probably getting about 75% of the rebate.
Re: Health insurers have to give back 1.2 bn dollars
Posted by:
Atom
()
Date: April 26, 2012 10:19PM
Obama is such a jerkoff for trying to keep health insurance companies from fleecing us.
Re: Health insurers have to give back 1.2 bn dollars
Posted by:
SmokeN'Mirrors
()
Date: April 26, 2012 10:49PM
Atom Wrote:
-------------------------------------------------------
> Obama is such a jerkoff for trying to keep health
> insurance companies from fleecing us.
Get real. They cut a deal with the insurance cos to make the AHCA work. They make a few concessions and get millions of guaranteed paying customers in return and still can raise prices in accordance with costs. They cut a similar deal with drug companies to guarantee their profits. Meanwhile, they did nothing to actually deal with health care costs that still are spiraling out of control.
-------------------------------------------------------
> Obama is such a jerkoff for trying to keep health
> insurance companies from fleecing us.
Get real. They cut a deal with the insurance cos to make the AHCA work. They make a few concessions and get millions of guaranteed paying customers in return and still can raise prices in accordance with costs. They cut a similar deal with drug companies to guarantee their profits. Meanwhile, they did nothing to actually deal with health care costs that still are spiraling out of control.
Re: Health insurers have to give back 1.2 bn dollars
Posted by:
trogdor!
()
Date: April 26, 2012 10:57PM
Lester Wrote:
-------------------------------------------------------
> The new federal health insurance law limits how
> much they can charge beyond what's needed to cover
> medical expenses. No more than 20 percent of your
> premium can go to overhead costs and profit.
>
> The health insurance premium rebates may be as
> much as $517 per person.
>
> http://www.bloomberg.com/news/2012-04-25/health-in
> surers-to-give-back-1-2-billion-analyst-says.html?
> cmpid=yhoo
Hmmmm.. Is it just me or is there a HUGE loophole here? What happens when the insurance companies buy up some of the hospitals? They can "charge" enough to make sure there's never any excess to give back.
Let the acquisitions begin!
-------------------------------------------------------
> The new federal health insurance law limits how
> much they can charge beyond what's needed to cover
> medical expenses. No more than 20 percent of your
> premium can go to overhead costs and profit.
>
> The health insurance premium rebates may be as
> much as $517 per person.
>
> http://www.bloomberg.com/news/2012-04-25/health-in
> surers-to-give-back-1-2-billion-analyst-says.html?
> cmpid=yhoo
Hmmmm.. Is it just me or is there a HUGE loophole here? What happens when the insurance companies buy up some of the hospitals? They can "charge" enough to make sure there's never any excess to give back.
Let the acquisitions begin!