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Posts Tagged ‘Insurance Work’
Mitt Romney's Medicare Mythology
Mitt Romney's Medicare Mythology
Filed under: private health insurance
Seniors in Medicare Part B would also face a 3 percent premium increase since younger and healthier enrollees would be routed out of Medicare and into private insurance. Beneficiaries in health care reform's exchanges would see a similar spike in … Read more on ThinkProgress
Vote 'Yes' on Issue 2
Filed under: private health insurance
It does mandate that all public employees pay at least 15 percent of their health insurance costs and 10 percent of their personal pension contributions. That brings them closer the realities of today's private sector workers, most who still pay far … Read more on Wooster Daily Record
I Think Private Individual Health Insurance Is a Fraud. Do You Agree?
Here is how individual insurance policies typically work:
1)Every year insurance companies create a new policy. For the next year they encourage people to sign up, then stop offering that policy to new people after one year. All of these people share the medical costs of everyone in the policy.
2) For the next half dozen years they encourage healthy people to upgrade to new policies. This leaves only the sick sharing medical expenses and the insurance premium goes up quickly.
3) A dozen years after each policy is made no one can afford the premium because everyone in the policy is sick and has major expenses. All of the ill people then lose their health insurance.
4) Now that the ill people have been filtered out from the healthy people they can’t get insurance and are left to die by health insurance companies that could care less.