Millions should cancel their medical insurance and pay out of pocket!

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by merrill, Jan 16, 2012.

  1. merrill
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    merrill Senior Member

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    We need to remember the medical insurance industry was very much involved in writing the new Obamacare. Obamacare was written for the medical insurance industry. So is the high dollar return to status quo that repubs favor.

    Bill Moyers Journal: Bill Moyers & Michael Winship: In Washington, Revolving Doors are Bad for Your Health

    Does the medical insurance industry provide healthcare? Hell no just a grand opportunity to make huge profits at your expense!

    The USA does not need the medical insurance industry aka the middleman profiteer. How are YOUR insurance dollars spent:

    1. High dollar CEO pay packages
    2. Golden parachutes
    3. shareholders
    4. campaign contributions
    5. this industry has 6 lobbyists per elected official = expensive mouth pieces
    Bill Moyers Journal: Bill Moyers & Michael Winship: In Washington, Revolving Doors are Bad for Your Health
    6. maybe a corp jet = high dollar maintenace
    7. misinformation campaigns @ $1.4 million a day (Former Lawmakers and Congressional Staffers Hired to Lobby on Health Care

    LetÂ’s say millions cancel their insurance and begin paying out of pocket. Consumers would save tons of money. Cancel your medical insurance today. The industry is simply corrupt.

    Healthy humans seldom spend what they pay out to the insurance industry! If millions dropped their policies not only would they save thousands of dollars annually the insurance industry would faint in disbelief that this many people actually are awake and give a damn.

    Paying out of pocket will save thousands of dollars a year. Do medical insurance companies provide health care? NO! Invest smart instead of supporting high rollin executives and shareholders.

    Set up a health care investment account or annuity in a credit union or with Consumer Reports. An account that makes YOU money instead of wealthy CEO's. Your health care annuity will NOT cancel out on when the poop hits fan.

    AGAIN Healthy humans seldom spend what they pay out to the insurance industry!

    Why support high rollin executives and shareholders because of your misfortune aka becoming ill or needing surgery?

    Most consumers are under-insured = candidate for bankruptcy. Most coverage WILL NOT stick with consumers when the going gets tough = fraud.
     
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  2. California Girl
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    California Girl BANNED

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    Still waiting for you to answer my questions regarding your public option thing.
     
  3. hortysir
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    hortysir In Memorial of 47

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    People that work for insurance companies don't need a job...
     
  4. Katzndogz
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    Katzndogz Gold Member

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    I have always paid for my medical out of pocket. Then I got a medical credit card. You would be surprised at what you pay when it's cash.
     
  5. merrill
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    merrill Senior Member

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    I do not have a public option thing. Please explain.... thank you.
     
  6. merrill
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    merrill Senior Member

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    Absolutely.

    Investing in conventional medical insurance is kind of a scam. People spend so much money likely more than one would ever spend in one year.

    Paying out of pocket allows for wayyyyy more choices across the board.
     
  7. merrill
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    merrill Senior Member

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    The insurance industry is quite large and broad with so many ways of making money and keeping people employed. Think about how many types of insurance and investment opportunities the industry offers. It is mind blowing.

    Then they have substantial interests in real estate. Think about how many tall buildings this industry owns.

    If the industry goes down it will be by there own making.
     
  8. BillyV
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    BillyV Antidisestablishmentarian

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    On average you are absolutely correct; most people will pay more for medical insurance than they get back in care. That's how the insurance company stays in business. And saving for your own care after you have cancelled your medical insurance policy will save you a bundle, right up to the day your doctor tells you that you need a million-dollar operation to save your life, and you have only saved enough to pay for the aspirin they were going to give you after the surgery.:eek: Good financial planning strategy! You should cancel your life insurance, too; you probably won't die and leave your family destitute.:cuckoo:
     
  9. merrill
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    merrill Senior Member

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    What's up if a person is under insured and the insurance industry refuses to pay for this
    million dollar operation?

    You do understand that not all policies provide for serious health problems.
     
  10. merrill
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    merrill Senior Member

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    The medical insurance industry favors a certain breed of client. The young and healthy who will not demand much from the industry.
     

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