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Old 07-15-2017, 04:22 PM
 
Location: Houston, TX
3,909 posts, read 2,121,190 times
Reputation: 1644

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I hope sick people wont be priced out

Insurers warn Cruz provision will 'skyrocket' premiums for sick people | TheHill
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Old 07-15-2017, 04:58 PM
 
45,210 posts, read 26,424,445 times
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Because insurers like congress creatures care
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Old 07-15-2017, 05:11 PM
 
Location: Phoenix, AZ
15,154 posts, read 11,620,307 times
Reputation: 8625
Quote:
Originally Posted by Mtnluver8956 View Post
That sounds like a problem with the insurers. After all, they are the ones charging the skyrocketing costs..right?
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Old 07-15-2017, 05:21 PM
 
46,946 posts, read 25,972,151 times
Reputation: 29440
Sick people, sick people, sick people! What does that have to do with anything?

We're talking cash flow here. Profitability. Quarterly results. Don't you people understand that sick people are a liability when you're trying to run a health insurance business? In fact, we could get the most amazingly healthy profit margins if you bleeding-heart do-gooders would stop all this bleating about "sick people". They are all just itching to get their big payday for their "chemotherapy" or "dialysis" or whatnot, living on for way longer than is reasonable and hurting our balance sheets every. single. day.
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Old 07-15-2017, 05:28 PM
 
5,717 posts, read 3,145,026 times
Reputation: 7374
It's misleading to say that their premiums will skyrocket. In reality, it's their tax-payer funded subsidies that will decrease. In other words, they're going to have to start picking up their own slack rather than relying on others to foot the bill for their higher risk.

So boo-hoo to those crying that their handouts are going to diminish.
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Old 07-15-2017, 05:33 PM
 
46,946 posts, read 25,972,151 times
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Quote:
Originally Posted by neko_mimi View Post
In other words, they're going to have to start picking up their own slack rather than relying on others to foot the bill for their higher risk.

So boo-hoo to those crying that their handouts are going to diminish.
Yeah, eff those childhood cancer freeloaders. Or kidney donors, they should have thought of that ahead of time.
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Old 07-15-2017, 05:37 PM
 
Location: Eugene, Oregon
11,119 posts, read 5,585,831 times
Reputation: 16596
Quote:
Originally Posted by Mtnluver8956 View Post

Why do you think Cruz got that provision added? If anything could be said about Trump, it might be that he saved us from Cruz, if in fact, voters had been even crazier than they were.
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Old 07-15-2017, 05:43 PM
 
5,717 posts, read 3,145,026 times
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Quote:
Originally Posted by God is good and great View Post
There's nothing anyone can do. That exactly what healthcare insurers want, to only insure healthy people

Only healthy people would be able to buy insurance and once they get sick they can join the uninsured because they won't be able to afford the premiums. Wealthy people(the ones who hire lobbyist) can easily afford $100k-200k in case of a medical emergency, the average American can't.
The don't want to only insure "healthy people". They want to be able to charge premiums that offset actual risk. That's how they make a profit. Insurance companies are businesses, not charities.
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Old 07-15-2017, 05:57 PM
 
33,016 posts, read 27,448,123 times
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Quote:
Originally Posted by neko_mimi View Post
It's misleading to say that their premiums will skyrocket. In reality, it's their tax-payer funded subsidies that will decrease. In other words, they're going to have to start picking up their own slack rather than relying on others to foot the bill for their higher risk.

So boo-hoo to those crying that their handouts are going to diminish.

While special snowflakes who have employere-paid insurance won't have to pick up THEIR slack.
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Old 07-15-2017, 06:02 PM
 
33,016 posts, read 27,448,123 times
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Quote:
Originally Posted by neko_mimi View Post
The don't want to only insure "healthy people". They want to be able to charge premiums that offset actual risk. That's how they make a profit. Insurance companies are businesses, not charities.

They are also regulated - to varying extents - by the states in which they are licensed to operate.
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