Are you kidding with this propaganda. this is the medical, insurance and pharmaceutical companies have figured out a way to get more money into there pot. who said the insurance industry is the most conservitive. did you get your forty million bonus this year. this is the same as the AMA pushed forty slhots into a child before dit goes to school, passed into law. they bribe the political machine and wala they make billions.
Quote from Rosie, “Great job Nancy, Harry, Steny and Barry. You’ve saved the day for so many.”
…And ruin the day for far more people. This unconstitutional bill will never ever, ever, ever, ever, ever, EVER help those for which it is intended without burdening the ones that are absorbing the costs.
Hurrah for all us poor working stiffs who will foot the bill for the sorry people sitting on their a– collecting welfare…again our tax dollars at work.
Editor Insurance Journal. why are you posting this garbage from state controlled media? This isn’t even a small segment of the bill which has over one trillion in additional junk, including all of the bribes which were foisted on the American public by these morons. If you are going to post something which expressly influences our industry, to the degree of eliminating the health care profession, if passed in it’s entirety which is doubtful, then post the real story, not some BS.
Great job Nancy, Harry, Steny and Barry. You have saddled our children with the largest debt that our contry has ever seen that will take 50 years + to pay off. Great job!
Where does this control cost? Escalating group premiums are one of the biggest impediment’s for job growth and this bill only improves access to insurance. While this is important, access without cost control will have us back into trouble in a few years.
The pro reform movement uses Massachusetts as a test case and we have insured 98% of the residents but are faced with escalating premiums, the state cannot afford to pay for it and the state does not allow the insurance practices everyone is complaining about on a national level. The Mass HMO’s pay 85-90 cents of each premium dollar towards claims.
The cadilac tax will never cover any of the cost of this reform, the unions have been able to protect what they bargained for and the more affluent will just buy down or move to a health savings account to avoid a penalty.
Although we do have a serious issue with the cost of health insurance in this country it will not be solved trying to blame one single entity. Until the carriers, medical providers and members come together to try something radically different with each party required to give a little we are stuck in the mud for the foreseable future.
But… I’m one of those working stiffs… who even with income need assistance because of the radical cost for medical and childcare. I work my tail off and wish I could cover it all, but can’t. We need reform!
well look forward to (as I heard today)an overall increase in YOUR health insurance premiums of AT LEAST 13% NOW to help finance this thing. no reform but government creating another useless bureaucracy.
Its so funny how liberals dont even have any idea whats in the bill. They really dont care or worry about our country as they are ignorant to the constitution or our bill of rights. They could care less if we become a socialist country.
Does anyone know that this bill destroys our current system of student loans. Now they will be given based on SOCIAL JUSTICE.
IJ, you really should consider not being so liberal biased. This is dealing with some of the agents ability to put food on the table. The insurance industry is probably the most conservative industry in the country and relys soly on the free market capitalist system. GET A GRIP ON WHO SUPPORTS YOU.
Has anyone seen any speculation on what this provision may have on commissions?
It seems to me that only GIECO and Progressive direct to the consumer type systems will be able to meet these requirements.
“The Senate bill requires insurers to spend at least 85 cents of every premium dollar on medical care in small group markets and 80 cents in large group markets. The proposed changes also would require Medicare Advantage insurers to spend at least 85 percent of revenues on medical care.”
They won’t be able to afford the employees they currently have the or costs of care that are being forced on them. Don’t expect to get a dime of commission on any health insurance sales going forward.
1. For all of those who seem shocked by that IJ would print this article- remember, anytime you see “Reuters” at the beginning of the news, the content was written by folks who use Das Kapital as a pillow.
2. If you haven’t contacted our representatives in Wash DC yet- don’t complain when this thing is rammed through.
Get ready to take to the streets folks! If they pass this bill “we the people” may well need to exercise our right to bear arms because this will absolutely, without a doubt, outrage the majority of the citizens who, I predict, will march on Washington, en masse, and physically remove the current politicians from office and take back over our country. We live in very, very troubled times!
All in all, I think it is a great start to affordable universal health care. The one thing that also needs to be done is to end the monopoly exemption that insurance companies enjoy. What’s free market about a monopoly?
The exemption to anti-trust laws that is applied to insurance companies is called thee McCarron-Ferguson act. It exempts insurers from certain aspects of antitrust legislation in order to allow the use of pooled industry data in order to set rates.
Without McCarron, it would be virtually impossible for a small insurer to start up, as they would have no legal access to the mountains of data necessary to run an insurance company.
No insurance company (health, life, or P&C) is interested in actually forming a monopoly. Also, the market abuses that monopolies are associated with are still illegal, even for insurers.
Why is our government trying to save/protect individuals from themselves? I can understand the elimination of pre-existing conditions and not allowing cancellation of health/medical coverage. Let the private sector provide its own models for coverage and premium based on certain protective devises (i.e. no pre-x or cancellation (unless due to non-pay of premium)). Making medical insurance coverage available to everyone may be the goal, not dictating what additional tax (aka fee) business or individuals must pay so everyone has coverage is going to far! Individuals must be accountable for their own actions. Our government should not be the salvation for lack of individual accountability. Dictating how private industry should change it’s business model smacks of socialism. Reform should not allow government, in any form, to be in competition with/against private industry. Hands off Uncle Sam! We are heading down the wrong path. Based on the current reform, as proposed, both business and indivdiuals will see an increase in its/their day to day operating/living expences/costs. Based on health “care” reform as proposed, we will see more limited hiring practices and possibly more layoffs. We need less Government dictating what everyone needs. individuals should demonstrate more responsibilty and accountability throughout our country. Maybe our Government should figure out how to have individuals standup and be accountable for their actions and not try to transfer/pass an individuals responsibility onto the backs others.
How does this help the consumer who already has or pays for insurance? It does nothing to reduce the cost of healthcare.
It may bring more people into the pool, however this will be people who may qualify for subsidized care and as such will not be paying for the care. When people who have not had insurance get insurance a sharp increase in claims is expected.
That cost will be shouldered by the currently insured through increased premiums. The tax on the drug companies, devise mfc and health insurance carriers will just be passed back through the premiums.
Regardless of which way the vote goes, the result is that Speaker Pelosi has further tarnished whatever reputation the US House of Representatives had because of her creative way of circumventing a real up or down vote on the Senate bill.
I am going to go out on a limb and say that everyone on these posts who oppose this bill has benefits and really has no idea what they are talking about when it comes to constitutionality, future costs, or the future ruination of society. For the Repbulicans, it was “NO” from day 1. When they had the majority in the congress, senate, and white house, they did not even think of the 45,000 people who die every year from lack of access to quality health care. Health care reform was never on their agenda until it was time to think about staying in power. We can thank Medicare Part D. for that. Their Medicare Part D contains nothing in the way of cost containment or controls. It is a completely unfunded program. It was a half-@ss attempt to get the elderly vote and nothing more. My parents are currently getting “soaked” from the fallout from Part D. The Republicans have been dragged kicking and screaming into the health care reform debate from Day 1. Part D. shows all the Republicans care is being in power. Part D. does not contain one supposed “principle” Senator Boner and his cronies wine about day after day. They could care less about you and me.
Repeat after me people: Nobody should go broke because they are sick.
Hey Mike, the worst budget deficit ever experienced is now and it started under the old President who inherited a surplus. Why is it that each of the past Republican presidents has had a worse deficit than the last while the only Democrat in the last 20 years was responsidble (It’s true -Read Greenspan’s book) for a surplus? What the private health insurance lobby and the koolaid drinking tea partiers won’t tell anyone is that much of the estimated future cost of a better healthcare system comes from an improved quality of life and an increased life span created by more access to preventitive and quality health care.
Vince. The scam you talk about is called reconciliation. It was done 22 times under the Republicans including how Medicare Part D was enacted. It’s nothing new. The right wing needs to stop crying about this or at least get a clue about what has gone on in this country over the last 10 years.
Lighten up Francis, I mean Webster. You don’t speak for me. Your majority is the minority. The majority is in favor of this. The problem is that many in the majority are poor and have no voice or a well financed Private Health Insurer lobby spreading lies on their behalf.
You can go out on a limb all you wish. Doesn’t make your thoughts accurate or correct. My brother and sister in law do not have insurance and have had babies, sickness, etc. It is cheaper for them not to pay for individual plans (he started his own business and she is a stay at home mom because her teacher’s pay didn’t cover the daycare costs). They are still conservative and against this bill.
I have a pre-existing condition (I was born with a connective tissue disorder that affects all of my organs) and do not believe insurance companies should be on the hook to provide care for me if they choose not to do so. I understand what insurance is for and how it works, thus, I understand how the companies operate.
I have been at the bottom of the barrel financially where I had nothing to my name and I know what it is like to struggle with the choice of eating or paying the rent. I still do not feel anyone else should have to pay for my health, my insurance, my anything. It is my responsibility- not anyone else’s in this country.
Sometimes it doesn’t work trying to make the other side out to be a “certain way” because your assumptions are usually going to be incorrect.
Possibly the 5 best sentences you’ll ever read were written by our founding fathers. How appropriate and visionary considering the current times.
~ You cannot multiply wealth by dividing it.
~ You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
~ What one person receives without working for, another person must work for without receiving.
~ The government cannot give to anybody anything that the government does not first take from somebody else.
~ When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.
Dems strike out against America again to go against Human Nature where you get something for nothing, more of the Great Society” tear down, like Public Schools,.
When will we wake up – the government has never run anything correct. Medicare going broke as well as Sosical Security. If corporations ran a buisness and signd documents without reading where would we be. Democrats thaink it is ok to do this and we will work out the details later per Pelosi. Our VP said we (the Democratic) will be abale to finally control the insurance companies.
Funny, none of you insurance guys addressed the provisions for rate control. Although the federal insurance agency that would dictate rates is not in this bill, it will become law soon. What’s more insidious is the limits on rate differential due to age. The provisions in the current bills limit rate differentials by age to 3/1 or 2/1 from oldest to youngest insured. Sounds like the ole Michigan Auto insurance that limited Detroit vs UP rates to 2/1. So those in the UP paid for Detroit’s high claim costs. I wonder if all the young people who voted for change and are so angry with the boomers are ready to pay for our cover? LOL
In a short 235 years, this country has gone from the land of equal opportunity to the land of equal results regardless of how much blood sweat and tears I labor vs my fat lazy neighbor in which now my insurance carrier must accept her pre existing laziness and poor food choices. Life insurance has smokers rates, but health insurance has no distinctions at all between those who eat right and try to be healthy vs. those who make bad choices all day. WHY AM I SUPPLEMENTING THEIR PREMIUMS??? How can an actuary predict the cost of health insurance if the lifetime cap has been removed? Healthcare reform has not been addressed by this bill. Health insurance reform was. Does anyone really believe that the 30% increase in premiums are a 30% increase in the insurance company profits? Go into a hospital and see the idiocy that dwells in about!! The administration is less efficient than NJ state governement employees. Reform the broken HEALTHCARE system and the insurance will follow.
Dear Mike’s nemesis, please note that this bill does not improve the “health care system.” It relates only to insurance. Do you really believe that everyone is going to receive preventative treatment? It’s likely that you know someone who won’t go to the doctor. I suppose we could handle as the dems did with voter registration. Let’s get some buses and drag people to their preventative exams.
No where in the U.S. Constitution does it state to PAY for General Welfare. But hey the Democrats, Liberals or Progressive’s whatever they call themselves these days really don’t care about the U.S. Constitution. The passage of so-called healthcare reform, is yet another way for Obama to dismantle Capitalism and the Free Enterprise System. The payoffs, buying off of elected officials with taxpayer money we don’t have is a disgrace! From Obama to Pelosi to Reid they are a disaster!
Now it’s time to dismantle the Democratic Party and any sympathetic Republican who voted for this bad bad bill! Come November if “We the People” do not replace every democrat, Pelosi and Reid, we will no longer recognize the United States of Socialized America!
Is that funny to you that thousands of people will be without job? Many of us are only paid on commission. Many of us do struggle to make ends meet because we do not just sell a plan we sincerely want what is in the best interest of those we meet with. Many of us truly care about our clients. Many of our clients depend on our expertise in explaining the complex healthcare system (especially Medicare), showing them all their options, helping them stay within their budget, and keeping them updated when changes occur. And now everyone is just going to buy a Plan directly with absolutely no support or guidance? The ramifications will come I’m sure but meanwhile I will continue to keep informed and do my job to the best of my ability.
Oh, and if you did not catch this before, your comment was rude.
Emmy
No need for worries. Let the masses buy insurance direct from a website. When the hospital, Doc or Pharm says…. “No Coverage”
They will want an agent that consults with them soon enough.
Or you can just sit outside the cancer center and sign up the folks that just found out they have cancer. No pre-exisitng coverage issues here!!!!! Imagine when the government forces Travelers to sell me buy fire insurance after my house burns down!!!!!!!!
Emmy, the public just doesn’t get it. Politicians like Obama, Pelosi and Reid need to demonize an industry in order to sell their snake oil. Public thinks we agents make a “killing”, but don’t realize that we don’t get the 50%, 40%, 30% or even 20% commissions they think we do. We get as little as $3.50 per employee per month. When we can provide a service to a small business, it’s the clients you take care of and not worry about the commissions. We really do provide a service. Let the federal government now deliver the service as good as Amtrack and the Post Office. Those of us who have been in the business long enough know better. The problem isn’t with the insurance companies. But hey what do we know?
As Hillary once told an Indiana Insurance Agent, you seem like a smart lady I’m sure you can get a job in another line of work. Yea, and taxpayers are now paying Hillary’s salary as she leaches off of the public dole.
I have some comments on our new “Healthcare” law that I want to share with readers and fellow posters.
1. It is wrong for the country, which cannot afford it anyway.
2. It is not healthcare reform, but health insurance reform.
3. How will it save money and not increase the deficit when it covers more people without addressing the costs of providing healthcare?
4. How can insurers cover sick people and not increase their rates due to higher exposure to loss? Our politicians obviously know nothing about actuarial science or anything about the business they are legislating.
5. Since the IRS will be hiring 16,000 new employees to spy on us for healthcare, I guess Obama can call it a job stimulus bill, too.
6. We’ll be paying taxes now for future benefits but in the interim, will
the government set that tax money aside? Of course not – they’ll spend it on more and more pork, invasive laws and special interest projects, thus leaving the healthcare system dry so we’ll have to borrow more money to implement its provisions. For a country that’s going broke, that’s a real solid plan.
7. Healthcare improvement? Not likely if doctors start retiring early and not being replaced. Who will be taking care of all the current and newly covered people? Rationing will be the order of the day. The government will be right where Obama and fellow Dems want it-deciding on the quality and future of everyone’s life.
8. Passage of this healthcare bill will embolden the Dems to go on to cap and trade bills to further control our lives while extracting more money from our pockets.
9. What affect will this law have on No-fault insurance?
We are losing our country to these out-of-touch elitists.
Oh please spare us the theatrics. Go play the victim card with some other subject. As a minority opportunity was in America if I want to take it. There’s nothing wrong with a little hard work and not listening to those so-called community leaders like Jesse Jackson and Al Sharpton!
Spare us the victimhood!
No doubt someone had to pull the race card. Its called hard work. Stop holding your hand out and do something useful with it. For Christ Sakes, we have a black president. If that isn’t equal opportunity, what is?
Great job Nancy, Harry, Steny and Barry. You’ve saved the day for so many.
Hoorah for not containing cost, improving care, or solving our national debt. Hoorah, hoorah!
Are you kidding with this propaganda. this is the medical, insurance and pharmaceutical companies have figured out a way to get more money into there pot. who said the insurance industry is the most conservitive. did you get your forty million bonus this year. this is the same as the AMA pushed forty slhots into a child before dit goes to school, passed into law. they bribe the political machine and wala they make billions.
Quote from Rosie, “Great job Nancy, Harry, Steny and Barry. You’ve saved the day for so many.”
…And ruin the day for far more people. This unconstitutional bill will never ever, ever, ever, ever, ever, EVER help those for which it is intended without burdening the ones that are absorbing the costs.
Again, Rosie, you contribute nothing. Thank you for wasting the 2 seconds it took to read your comment.
Hurrah for all us poor working stiffs who will foot the bill for the sorry people sitting on their a– collecting welfare…again our tax dollars at work.
Editor Insurance Journal. why are you posting this garbage from state controlled media? This isn’t even a small segment of the bill which has over one trillion in additional junk, including all of the bribes which were foisted on the American public by these morons. If you are going to post something which expressly influences our industry, to the degree of eliminating the health care profession, if passed in it’s entirety which is doubtful, then post the real story, not some BS.
Great job Nancy, Harry, Steny and Barry. You have saddled our children with the largest debt that our contry has ever seen that will take 50 years + to pay off. Great job!
Where does this control cost? Escalating group premiums are one of the biggest impediment’s for job growth and this bill only improves access to insurance. While this is important, access without cost control will have us back into trouble in a few years.
The pro reform movement uses Massachusetts as a test case and we have insured 98% of the residents but are faced with escalating premiums, the state cannot afford to pay for it and the state does not allow the insurance practices everyone is complaining about on a national level. The Mass HMO’s pay 85-90 cents of each premium dollar towards claims.
The cadilac tax will never cover any of the cost of this reform, the unions have been able to protect what they bargained for and the more affluent will just buy down or move to a health savings account to avoid a penalty.
Although we do have a serious issue with the cost of health insurance in this country it will not be solved trying to blame one single entity. Until the carriers, medical providers and members come together to try something radically different with each party required to give a little we are stuck in the mud for the foreseable future.
But… I’m one of those working stiffs… who even with income need assistance because of the radical cost for medical and childcare. I work my tail off and wish I could cover it all, but can’t. We need reform!
well look forward to (as I heard today)an overall increase in YOUR health insurance premiums of AT LEAST 13% NOW to help finance this thing. no reform but government creating another useless bureaucracy.
God help us, this is such a mess of a bill and thanks to all those obama voters.
How is that hope and change working oput for you? It SUCKS 4 ME!
Its so funny how liberals dont even have any idea whats in the bill. They really dont care or worry about our country as they are ignorant to the constitution or our bill of rights. They could care less if we become a socialist country.
Does anyone know that this bill destroys our current system of student loans. Now they will be given based on SOCIAL JUSTICE.
Health Insurance today, Auto insurance tomorow.
IJ, you really should consider not being so liberal biased. This is dealing with some of the agents ability to put food on the table. The insurance industry is probably the most conservative industry in the country and relys soly on the free market capitalist system. GET A GRIP ON WHO SUPPORTS YOU.
Has anyone seen any speculation on what this provision may have on commissions?
It seems to me that only GIECO and Progressive direct to the consumer type systems will be able to meet these requirements.
“The Senate bill requires insurers to spend at least 85 cents of every premium dollar on medical care in small group markets and 80 cents in large group markets. The proposed changes also would require Medicare Advantage insurers to spend at least 85 percent of revenues on medical care.”
Your fired dude!
These new products will not have an agent. They will be sold direct.
Your fired dude!
These new products will not have an agent. They will be sold direct.
Your fired dude!
These new products will not have an agent. They will be sold direct.
They won’t be able to afford the employees they currently have the or costs of care that are being forced on them. Don’t expect to get a dime of commission on any health insurance sales going forward.
You’d think they’d be more concerned with oil company reform than health care reform…
1. For all of those who seem shocked by that IJ would print this article- remember, anytime you see “Reuters” at the beginning of the news, the content was written by folks who use Das Kapital as a pillow.
2. If you haven’t contacted our representatives in Wash DC yet- don’t complain when this thing is rammed through.
You can contact them- they don’t care. They are voting however they wish. Hence why they say they are willing to lose their jobs.
Get ready to take to the streets folks! If they pass this bill “we the people” may well need to exercise our right to bear arms because this will absolutely, without a doubt, outrage the majority of the citizens who, I predict, will march on Washington, en masse, and physically remove the current politicians from office and take back over our country. We live in very, very troubled times!
All in all, I think it is a great start to affordable universal health care. The one thing that also needs to be done is to end the monopoly exemption that insurance companies enjoy. What’s free market about a monopoly?
The exemption to anti-trust laws that is applied to insurance companies is called thee McCarron-Ferguson act. It exempts insurers from certain aspects of antitrust legislation in order to allow the use of pooled industry data in order to set rates.
Without McCarron, it would be virtually impossible for a small insurer to start up, as they would have no legal access to the mountains of data necessary to run an insurance company.
No insurance company (health, life, or P&C) is interested in actually forming a monopoly. Also, the market abuses that monopolies are associated with are still illegal, even for insurers.
Why is our government trying to save/protect individuals from themselves? I can understand the elimination of pre-existing conditions and not allowing cancellation of health/medical coverage. Let the private sector provide its own models for coverage and premium based on certain protective devises (i.e. no pre-x or cancellation (unless due to non-pay of premium)). Making medical insurance coverage available to everyone may be the goal, not dictating what additional tax (aka fee) business or individuals must pay so everyone has coverage is going to far! Individuals must be accountable for their own actions. Our government should not be the salvation for lack of individual accountability. Dictating how private industry should change it’s business model smacks of socialism. Reform should not allow government, in any form, to be in competition with/against private industry. Hands off Uncle Sam! We are heading down the wrong path. Based on the current reform, as proposed, both business and indivdiuals will see an increase in its/their day to day operating/living expences/costs. Based on health “care” reform as proposed, we will see more limited hiring practices and possibly more layoffs. We need less Government dictating what everyone needs. individuals should demonstrate more responsibilty and accountability throughout our country. Maybe our Government should figure out how to have individuals standup and be accountable for their actions and not try to transfer/pass an individuals responsibility onto the backs others.
You need to accept the reality that this bill is what is right for the consumer, taxpayer and uninsured.
I also believe that it will bring more people into the pool. More people will want the coverage and pay for it.
It will be a good thing. You’ll see and will reap the benefits.
How does this help the consumer who already has or pays for insurance? It does nothing to reduce the cost of healthcare.
It may bring more people into the pool, however this will be people who may qualify for subsidized care and as such will not be paying for the care. When people who have not had insurance get insurance a sharp increase in claims is expected.
That cost will be shouldered by the currently insured through increased premiums. The tax on the drug companies, devise mfc and health insurance carriers will just be passed back through the premiums.
Zieg hiel!
Regardless of which way the vote goes, the result is that Speaker Pelosi has further tarnished whatever reputation the US House of Representatives had because of her creative way of circumventing a real up or down vote on the Senate bill.
I am going to go out on a limb and say that everyone on these posts who oppose this bill has benefits and really has no idea what they are talking about when it comes to constitutionality, future costs, or the future ruination of society. For the Repbulicans, it was “NO” from day 1. When they had the majority in the congress, senate, and white house, they did not even think of the 45,000 people who die every year from lack of access to quality health care. Health care reform was never on their agenda until it was time to think about staying in power. We can thank Medicare Part D. for that. Their Medicare Part D contains nothing in the way of cost containment or controls. It is a completely unfunded program. It was a half-@ss attempt to get the elderly vote and nothing more. My parents are currently getting “soaked” from the fallout from Part D. The Republicans have been dragged kicking and screaming into the health care reform debate from Day 1. Part D. shows all the Republicans care is being in power. Part D. does not contain one supposed “principle” Senator Boner and his cronies wine about day after day. They could care less about you and me.
Repeat after me people: Nobody should go broke because they are sick.
Hey Mike, the worst budget deficit ever experienced is now and it started under the old President who inherited a surplus. Why is it that each of the past Republican presidents has had a worse deficit than the last while the only Democrat in the last 20 years was responsidble (It’s true -Read Greenspan’s book) for a surplus? What the private health insurance lobby and the koolaid drinking tea partiers won’t tell anyone is that much of the estimated future cost of a better healthcare system comes from an improved quality of life and an increased life span created by more access to preventitive and quality health care.
Vince. The scam you talk about is called reconciliation. It was done 22 times under the Republicans including how Medicare Part D was enacted. It’s nothing new. The right wing needs to stop crying about this or at least get a clue about what has gone on in this country over the last 10 years.
Lighten up Francis, I mean Webster. You don’t speak for me. Your majority is the minority. The majority is in favor of this. The problem is that many in the majority are poor and have no voice or a well financed Private Health Insurer lobby spreading lies on their behalf.
I am donating money and my time to help anyone who will run against the Democrat in my district.
You can go out on a limb all you wish. Doesn’t make your thoughts accurate or correct. My brother and sister in law do not have insurance and have had babies, sickness, etc. It is cheaper for them not to pay for individual plans (he started his own business and she is a stay at home mom because her teacher’s pay didn’t cover the daycare costs). They are still conservative and against this bill.
I have a pre-existing condition (I was born with a connective tissue disorder that affects all of my organs) and do not believe insurance companies should be on the hook to provide care for me if they choose not to do so. I understand what insurance is for and how it works, thus, I understand how the companies operate.
I have been at the bottom of the barrel financially where I had nothing to my name and I know what it is like to struggle with the choice of eating or paying the rent. I still do not feel anyone else should have to pay for my health, my insurance, my anything. It is my responsibility- not anyone else’s in this country.
Sometimes it doesn’t work trying to make the other side out to be a “certain way” because your assumptions are usually going to be incorrect.
Possibly the 5 best sentences you’ll ever read were written by our founding fathers. How appropriate and visionary considering the current times.
~ You cannot multiply wealth by dividing it.
~ You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
~ What one person receives without working for, another person must work for without receiving.
~ The government cannot give to anybody anything that the government does not first take from somebody else.
~ When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.
May God protect us all in these troubled times.
Dems strike out against America again to go against Human Nature where you get something for nothing, more of the Great Society” tear down, like Public Schools,.
When will we wake up – the government has never run anything correct. Medicare going broke as well as Sosical Security. If corporations ran a buisness and signd documents without reading where would we be. Democrats thaink it is ok to do this and we will work out the details later per Pelosi. Our VP said we (the Democratic) will be abale to finally control the insurance companies.
Funny, none of you insurance guys addressed the provisions for rate control. Although the federal insurance agency that would dictate rates is not in this bill, it will become law soon. What’s more insidious is the limits on rate differential due to age. The provisions in the current bills limit rate differentials by age to 3/1 or 2/1 from oldest to youngest insured. Sounds like the ole Michigan Auto insurance that limited Detroit vs UP rates to 2/1. So those in the UP paid for Detroit’s high claim costs. I wonder if all the young people who voted for change and are so angry with the boomers are ready to pay for our cover? LOL
In a short 235 years, this country has gone from the land of equal opportunity to the land of equal results regardless of how much blood sweat and tears I labor vs my fat lazy neighbor in which now my insurance carrier must accept her pre existing laziness and poor food choices. Life insurance has smokers rates, but health insurance has no distinctions at all between those who eat right and try to be healthy vs. those who make bad choices all day. WHY AM I SUPPLEMENTING THEIR PREMIUMS??? How can an actuary predict the cost of health insurance if the lifetime cap has been removed? Healthcare reform has not been addressed by this bill. Health insurance reform was. Does anyone really believe that the 30% increase in premiums are a 30% increase in the insurance company profits? Go into a hospital and see the idiocy that dwells in about!! The administration is less efficient than NJ state governement employees. Reform the broken HEALTHCARE system and the insurance will follow.
Dear Mike’s nemesis, please note that this bill does not improve the “health care system.” It relates only to insurance. Do you really believe that everyone is going to receive preventative treatment? It’s likely that you know someone who won’t go to the doctor. I suppose we could handle as the dems did with voter registration. Let’s get some buses and drag people to their preventative exams.
No where in the U.S. Constitution does it state to PAY for General Welfare. But hey the Democrats, Liberals or Progressive’s whatever they call themselves these days really don’t care about the U.S. Constitution. The passage of so-called healthcare reform, is yet another way for Obama to dismantle Capitalism and the Free Enterprise System. The payoffs, buying off of elected officials with taxpayer money we don’t have is a disgrace! From Obama to Pelosi to Reid they are a disaster!
Now it’s time to dismantle the Democratic Party and any sympathetic Republican who voted for this bad bad bill! Come November if “We the People” do not replace every democrat, Pelosi and Reid, we will no longer recognize the United States of Socialized America!
Is that funny to you that thousands of people will be without job? Many of us are only paid on commission. Many of us do struggle to make ends meet because we do not just sell a plan we sincerely want what is in the best interest of those we meet with. Many of us truly care about our clients. Many of our clients depend on our expertise in explaining the complex healthcare system (especially Medicare), showing them all their options, helping them stay within their budget, and keeping them updated when changes occur. And now everyone is just going to buy a Plan directly with absolutely no support or guidance? The ramifications will come I’m sure but meanwhile I will continue to keep informed and do my job to the best of my ability.
Oh, and if you did not catch this before, your comment was rude.
Emmy
No need for worries. Let the masses buy insurance direct from a website. When the hospital, Doc or Pharm says…. “No Coverage”
They will want an agent that consults with them soon enough.
Or you can just sit outside the cancer center and sign up the folks that just found out they have cancer. No pre-exisitng coverage issues here!!!!! Imagine when the government forces Travelers to sell me buy fire insurance after my house burns down!!!!!!!!
Emmy, the public just doesn’t get it. Politicians like Obama, Pelosi and Reid need to demonize an industry in order to sell their snake oil. Public thinks we agents make a “killing”, but don’t realize that we don’t get the 50%, 40%, 30% or even 20% commissions they think we do. We get as little as $3.50 per employee per month. When we can provide a service to a small business, it’s the clients you take care of and not worry about the commissions. We really do provide a service. Let the federal government now deliver the service as good as Amtrack and the Post Office. Those of us who have been in the business long enough know better. The problem isn’t with the insurance companies. But hey what do we know?
As Hillary once told an Indiana Insurance Agent, you seem like a smart lady I’m sure you can get a job in another line of work. Yea, and taxpayers are now paying Hillary’s salary as she leaches off of the public dole.
Ugh…webster….I hate to burst your bubble, but it wasn’t the founding fathers that stated the contents of your post. It was written by Adrian Rogers.
I do agree with those points however.
I have some comments on our new “Healthcare” law that I want to share with readers and fellow posters.
1. It is wrong for the country, which cannot afford it anyway.
2. It is not healthcare reform, but health insurance reform.
3. How will it save money and not increase the deficit when it covers more people without addressing the costs of providing healthcare?
4. How can insurers cover sick people and not increase their rates due to higher exposure to loss? Our politicians obviously know nothing about actuarial science or anything about the business they are legislating.
5. Since the IRS will be hiring 16,000 new employees to spy on us for healthcare, I guess Obama can call it a job stimulus bill, too.
6. We’ll be paying taxes now for future benefits but in the interim, will
the government set that tax money aside? Of course not – they’ll spend it on more and more pork, invasive laws and special interest projects, thus leaving the healthcare system dry so we’ll have to borrow more money to implement its provisions. For a country that’s going broke, that’s a real solid plan.
7. Healthcare improvement? Not likely if doctors start retiring early and not being replaced. Who will be taking care of all the current and newly covered people? Rationing will be the order of the day. The government will be right where Obama and fellow Dems want it-deciding on the quality and future of everyone’s life.
8. Passage of this healthcare bill will embolden the Dems to go on to cap and trade bills to further control our lives while extracting more money from our pockets.
9. What affect will this law have on No-fault insurance?
We are losing our country to these out-of-touch elitists.
Land of equal opportunity my @!#!$! This country has been the land of equal opportunity for everyone but minorities!
Oh please spare us the theatrics. Go play the victim card with some other subject. As a minority opportunity was in America if I want to take it. There’s nothing wrong with a little hard work and not listening to those so-called community leaders like Jesse Jackson and Al Sharpton!
Spare us the victimhood!
No doubt someone had to pull the race card. Its called hard work. Stop holding your hand out and do something useful with it. For Christ Sakes, we have a black president. If that isn’t equal opportunity, what is?