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Insurance Companies Threaten To Go UP in Costs

Insurance Companies Threaten To Go UP in Costs, but who would need them if there was Health care Reform. Who would care about their threats. And if you have ever been refused for heath care…you wouldn’t care either.

The truth is that Insurance companies are not in the business to give you the best of care, they are in the business to take you money.

Health insurance companies are trying to force the public to reject Government Health Care because then NO ONE would actually need them.

Insurance Companies Threaten To Go UP in Costs for the typical American family by another $4,000, in the next ten years or by by 2019 under a key Senate overhaul plan, according to an industry trade group analysis.

Sen. Max Baucus’ Finance Committee is scheduled to vote Tuesday, October 13th, 2009, on an $829 billion bill to overhaul health care. The vote represents a potential turning point in the health care debate.

The Baucus’ committee is the last of five congressional panels to consider health care legislation before debate begins in the full House of Representatives and the Senate.

The report from the group America’s Health Insurance Plans concludes that, under the Baucus plan, the costs of private health insurance would rise by 111 percent over the next ten years. Under the current system, costs would rise by 79 percent.

America should not half ass do health care. They should give it their all and then the Insurance companies could suck rotten eggs.

America is sitting near the 40th position in health care for it’s citizens…other countries have health care, even Cuba has health care. Baby Boomers are more affected with this issue than any one…be heard Baby Boomers.

To understand “Insurance Companies Threaten To Go UP in Costs,” go to CNN News.

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Comments

14 Responses to “Insurance Companies Threaten To Go UP in Costs”
  1. Reality says:

    I believe nothing that the health insurance lobby says at this juncture. What they don’t tell us is that with or without a comprehensive health care plan in place the cost of insurance will increase $4,000 or more in 10 years. There has to be a public option if we are to get spiraling health care costs under control and insure good, basic health care is available. That public option should be to expand Medicare to all citizens. Insurance companies could compete to administer the program under contract the the way they do now. But that’s not as lucrative is it? They wouldn’t be able to go to their board meetings and boast about 35% profit margins.

  2. John says:

    So what this article promotes is a government run and funded healthcare. Obviously the same group that brings us a six hundred dollar hammer and bankrupts its healthcare (Medicaid/Medicare) is to be trusted over the insurance companies?

    So if the US is sitting at forty on health care than perhaps the author could explain why the world comes here for treatrment. Oh that’s right… because their government run/managed healthcare will not provide what they need in a timely manner.

  3. Fred says:

    This is great, the insurance industry has just made the case for a universal access public option. This can and MUST be used against them. Of course they will want to raise prices because the risk model has changed with prohibitions of cherry picking and coverage denial. A profit making concern will NEVER voluntarily eliminate profits, they have to be forced. Private insurers make plenty of money in other countries where profits on basic care are prohibited. We should have a system like in Germany. You have payroll withholding to coverage nationally mandated coverage. You national health card can be used at any hospital or any doctor you choose. The doctor is paid a salary so he has no financial incentive either way to order or not order specific treatments. His motivation is outcome. insurance coverage can offer “boutique” coverage which many of my German friends do purchase but basic coverage is like medicare for all. If you loose your job unemployment picks up the tab. Otherwise public welfare does. It’s always means tested so NO ONE is EVER without coverage. The overall costs are much lower than here because the rates are based on cost, no profit for the insurance for basic care. The hospitals and other providers make profits, sure but the insurance layer is revenue neutral. Because this system also promotes wellness care the people healthier and overall per capita costs are lower.

  4. Americans survival rates are lower than those of countries that have heatrh care…Hospitals, insurance and even SOME doctors do not care…it is about the money.

  5. Please John…have you even looked into health care in other countries? Their moralities rates are higher then the US. Even Cuba has health care. Americans have been lead around by the nose by insurance companies for years and the government officials have lead you astray by putting their hands in the insurance companies pockets. Even Hilary Clinton is one of them. She, who fought against them years ago has joined the band wagon.
    A fine kettle of fish you want to let us rot in…

  6. If they told me that the sun was shinning, I would run out side to see if it was. Who is to say that the insurance companies would not go up 4000/yr with out health care. Look at what they charge now. Look at how many people they refuse coverage for and how many important procedures they refuse every day. They are criminals and crooks and need to be in prison.

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