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Old 12-20-2009, 07:29 PM
 
Location: Great Falls, Montana
3,994 posts, read 3,646,016 times
Reputation: 1335

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Quote:
Insurance brokers and benefits consultants say their small-business clients are seeing premiums go up an average of about 15 percent for the coming year -- double the rate of last year's increases...

Higher medical costs aside, some experts say they think the insurance industry, under pressure from Wall Street, is raising premiums to get ahead of any legislative changes that might reduce their profits.
Small businesses are seeing a big increase in insurance premiums, an average of 15% | National News - cleveland.com - - cleveland.com
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Old 12-20-2009, 07:31 PM
 
Location: Chicago, IL
8,998 posts, read 13,934,616 times
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Surprise, surprise.

It's not just small businesses seeing an increase. My mom works for a huge company and they're raising the amount employees must contribute to their health insurance.

Why some people want to keep health insurance companies around is beyond me.
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Old 12-20-2009, 07:34 PM
 
Location: Hoboken
19,889 posts, read 17,591,633 times
Reputation: 3141
Quote:
Originally Posted by PurpleLove08 View Post
Surprise, surprise.

It's not just small businesses seeing an increase. My mom works for a huge company and they're raising the amount employees must contribute to their health insurance.

Why some people want to keep health insurance companies around is beyond me.

True get rid of nsurance companes and health care wll be free!
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Old 12-20-2009, 07:34 PM
 
9,880 posts, read 9,750,226 times
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Our agent dropped by to leave off a tin of Christmas popcorn. She said that many of her clients dropped insurance coverage for themselves and the employees.
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Old 12-20-2009, 07:36 PM
 
Location: Chicago, IL
8,998 posts, read 13,934,616 times
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Quote:
Originally Posted by shorebaby View Post
True get rid of nsurance companes and health care wll be free!
Uhm....no. Getting rid of them would reduce prices though.
A single-payer system is much more efficient and reduces administrative waste substantially. By having all these health insurance companies, it prevents the U.S. from achieving the economies of scale necessary to have reduced health care costs.

Also once you get rid of the profit motive, prices can drop substantially.


Quote:
Originally Posted by pommysmommy View Post
Our agent dropped by to leave off a tin of Christmas popcorn. She said that many of her clients dropped insurance coverage for themselves and the employees.
I'd rather have a decrease on my insurance premium than a tin of popcorn but that's just me.
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Old 12-20-2009, 07:41 PM
 
519 posts, read 644,639 times
Reputation: 153
Merry Christmas from your local Democratic Puppet!
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Old 12-20-2009, 07:41 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 22,986,335 times
Reputation: 3587
Quote:
Originally Posted by PurpleLove08 View Post
Surprise, surprise.

It's not just small businesses seeing an increase. My mom works for a huge company and they're raising the amount employees must contribute to their health insurance.

Why some people want to keep health insurance companies around is beyond me.
Same where I work. Our deductible goes to $2000 and max out of pocket to $4500 for a family plan. That is almost double. I don't care though because I am healthy. It is going to really get at others that have family members with chronic conditions.
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Old 12-20-2009, 07:43 PM
 
Location: Hoboken
19,889 posts, read 17,591,633 times
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Government run anything is much less efficient than private enterprise. Rationing of services will occur, it must happen if 30 million more people will be insured and costs go down. CEOs don't make enough to cover 30 million more people.

Once you get rid of the profit motive quality and innovation drop.
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Old 12-20-2009, 07:43 PM
 
Location: just here
1,773 posts, read 1,143,119 times
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Quote:
Originally Posted by KevK View Post
Same where I work. Our deductible goes to $2000 and max out of pocket to $4500 for a family plan. That is almost double. I don't care though because I am healthy. It is going to really get at others that have family members with chronic conditions.
Whoaaaa!!!! You're serious???
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Old 12-20-2009, 07:43 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 22,986,335 times
Reputation: 3587
A lot of small businesses around here have completely dropped "family coverage" and now only offer it to the employee alone if they offer it at all.
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