So Can I Drop My Health Insurance Now and Still Get Covered Or What???

[KMAN]

Anyone know? I pay $1000 a month for my family... Thanks.

 

[Vast LWC]

No, you cannot. The health care bill is not a free ride, no matter what some people may tell you.

 

[txlonghorn]

I think it depends on the coverage you seek. Emergency treatment? Sure...we've always had that. Of course it was one of the arguments used as something that was lacking in this country. That of course isn't and never was true.

 

[txlonghorn]

What we will likely see is that premiums will go up after you've filed a claim on a pre-existing condition.

 

[Sarah G]

Anyone know? I pay $1000 a month for my family... Thanks.

Sure, drop it.. Tell all your friends.

 

[Maple]

Anyone know? I pay $1000 a month for my family... Thanks.

You are not being serious, are you??? If you are, you have certainly not been paying attention.

 

[AllieBaba]

No, you cannot. The health care bill is not a free ride, no matter what some people may tell you.

Unless you happen to be an unemployed deadbeat.

THEN it will be free.

If you work you're going to pay through the nose for it. And if you don't, the IRS will kick you out on the street.

 

[Maple]

What we will likely see is that premiums will go up after you've filed a claim on a pre-existing condition.

Premiums are going UP whether you file a claim or not. Insurance companies are gearing up to cover an additional app 30 million people, many with serious pre-existing conditions. Where are they going to get the money to do this, you ask??? From us, the current policy holders. That's why insurance companies stock is going through the roof.

The pre-existing clause- if a person goes to the emergency room with a heart attack with no insurance today, he is still treated. He can go out tomorrow and get health insurance, under Obama's plan at no more expense than a healthy person would pay.

It's akin to not having a home owner's insurance policy on your house, your house burns to the ground one day, you call the insurance agent the next and are able to cover your house that just burned to the ground and collect on it.

It's akin to not having a term life insurance plan on your spouse, your spouse dies today and tomorrow you call your agent to sign up for term life insurance on your DEAD spouse and collect the proceeds from that death.

The insurance companies HAVE to start gearing up for this additional expense and the only place they can go to do it, is the current policy holders.

Insanity persists with our SOCIALIST President and his agenda.

 

[Sheldon]

I guess you could drop it, pay the fine (2.5% of claimed net income?), then wait in the Emergency Room.

Based on your financial situation and claimed dependents, you might qualify for a subsidy on your premiums, or even coverage under Medicaid.

I'm not sure much will change because of this law, and it's hard to see where health-care costs would decrease. I hope they do, but I'm not holding my breath.

 

[Maple]

No, you cannot. The health care bill is not a free ride, no matter what some people may tell you.

Unless you happen to be an unemployed deadbeat.

THEN it will be free.

If you work you're going to pay through the nose for it. And if you don't, the IRS will kick you out on the street.

Even though I know our premiums are going to skyrocket, I know that this will still not be enough to pay for Obama care. Just wait until he introduces the Value Added Tax, that's acoming folks, do not kid yourselves here. Some estimates are 15-20% on EVERYTHING you buy. That's how his socialist buds fund their health care in Europe and it has to happen here or we go off a cliff under Obama's watch.

 

[Sheldon]

What we will likely see is that premiums will go up after you've filed a claim on a pre-existing condition.

--cut--
The pre-existing clause- if a person goes to the emergency room with a heart attack with no insurance today, he is still treated. He can go out tomorrow and get health insurance, under Obama's plan at no more expense than a healthy person would pay.
--cut--

I thought insurers could still raise premiums on those with pre-existing conditions. Is there actually a provision in the law that prohibits insurers from charging more for higher-risk individuals?

Insurers played a central role in crafting the law, so it's hard for me to believe they would have ceded a pseudo price control like that. But maybe the did.

 

[Maple]

I guess you could drop it, pay the fine (2.5% of claimed net income?), then wait in the Emergency Room.

Based on your financial situation and claimed dependents, you might qualify for a subsidy on your premiums, or even coverage under Medicaid.

I'm not sure much will change because of this law, and it's hard to see where health-care costs would decrease. I hope they do, but I'm not holding my breath.

He can do NOTHING until 2014. These plans are not in place now, the taxes and increasing premiums start NOW, the so-called benefits don't start until 2014.

This was just one of their ponzi schemes, you pay for the benefits for 10 years but only get the benefits for 6 years, that's how they could attempt to confuse the public into beleiving that this plan would actually REDUCE the deficit. I was and am not fooled.

Medicare implemented in the 1960's was stated to cost just 1/10 of what it is today, it is bankrupting this country now.

 

[beowolfe]

Anyone know? I pay $1000 a month for my family... Thanks.

Sure you can drop it. But there are probably consequences to your doing so.

 

[WillowTree]

Anyone know? I pay $1000 a month for my family... Thanks.

You can save that 1000 dollars per month. then when you get sick,, call an ins. company and they will have to take care of it for you.. why pay now, when they have to cover pre existing illnes. shit man take a trip to jamaica and feel alright.

 

[WillowTree]

Anyone know? I pay $1000 a month for my family... Thanks.

You are not being serious, are you??? If you are, you have certainly not been paying attention.

paying a small fine beats the hell out of a thousand dollars a month donut?

 

[Sheldon]

I guess you could drop it, pay the fine (2.5% of claimed net income?), then wait in the Emergency Room.

Based on your financial situation and claimed dependents, you might qualify for a subsidy on your premiums, or even coverage under Medicaid.

I'm not sure much will change because of this law, and it's hard to see where health-care costs would decrease. I hope they do, but I'm not holding my breath.

He can do NOTHING until 2014. These plans are not in place now, the taxes and increasing premiums start NOW, the so-called benefits don't start until 2014.

This was just one of their ponzi schemes, you pay for the benefits for 10 years but only get the benefits for 6 years, that's how they could attempt to confuse the public into beleiving that this plan would actually REDUCE the deficit. I was and am not fooled.

Medicare implemented in the 1960's was stated to cost just 1/10 of what it is today, it is bankrupting this country now.

Good point.

I think in the meantime, there's some kind of high-risk pool for individuals who do get dropped/denied from coverage due to pre-existing conditions.

But yeah, the administration was able to make this seem budget neutral in the first decade by using ten years of revenue for six years of service.

I think, were a CFO to try that kind of accounting, they'd end up in Eglin Federal.

 

[Maple]

What we will likely see is that premiums will go up after you've filed a claim on a pre-existing condition.

--cut--
The pre-existing clause- if a person goes to the emergency room with a heart attack with no insurance today, he is still treated. He can go out tomorrow and get health insurance, under Obama's plan at no more expense than a healthy person would pay.
--cut--

I thought insurers could still raise premiums on those with pre-existing conditions. Is there actually a provision in the law that prohibits insurers from charging more for higher-risk individuals?

Insurers played a central role in crafting the law, so it's hard for me to believe they would have ceded a pseudo price control like that. But maybe the did.

Insurer's who covered people with pre-exisiting conditions were allowed to charge higher rates for the coverage. That will not be so under Obama care, they will pay as healthy individuals do and the healthy will help to pay the higher rate for the unhealthy. Many people who have not had health insurance for years are denied coverage by insurance companies because they have pre-existing conditions. A pre-existing condition is considered even when you take a high cholesterol medication- some people have been denied just for that.

If you are fortunate enough to be employed by a large company, the company buys group insurance and insures all of their employees regardless of pre-existing conditions. Group insurance is able to SPREAD the risk. Small business those who employ less than 50 employees are not allowed to join group plans so their fees are outrageous and they most likely can not afford to cover their employees. When you consider that 76% of people are employed by small business- it's no wonder that so many can't afford insurance.

The Republicans had the right idea about reform.

1. Tort reform- cap frivoulous lawsuits- they cost 385 billion a year in defensive medicine practices and physicians pay outrageous mal-practice insurance and that cost is passed back onto us in the form of higher fees for service and of course, higher and higher insurance premiums.
2. Allow small business to group with other small business to SPREAD the risk.
3. Open competition across state lines- competition drives down costs.
4. Promote HSA's health savings plans that are pre-tax dollar.
5. Promote High deductible catastrophic inexpensive plans to go with HSA's
6. Legislate on Pre-existing conditions.
7. Make it portable- like a 401k.
8. Subsidize the poor- we already do- it's called medicaid.

These plans would have worked to make HEALTH INSURANCE more affordable for everyone.

This whole Obama care was not to fix health care, it amounts to re-distribution of wealth and a massive NEW entitlement program that sets us on a fast track to economic collapse.

 

[rightwinger]

Anyone know? I pay $1000 a month for my family... Thanks.

Yes go ahead. Call them up and cancel

Real Americans don't need Health Insurance anyway

 

[beowolfe]

1. Tort reform- cap frivoulous lawsuits- they cost 385 billion a year in defensive medicine practices and physicians pay outrageous mal-practice insurance and that cost is passed back onto us in the form of higher fees for service and of course, higher and higher insurance premiums.

Who says 'frivoulous' lawsuits cost 385$ billion per year?

2. Allow small business to group with other small business to SPREAD the risk.

It's in the new healthcare law.

3. Open competition across state lines- competition drives down costs.

And which state would get to regulate this?


4. Promote HSA's health savings plans that are pre-tax dollar.

Only works for those of a certain income level.

5. Promote High deductible catastrophic inexpensive plans to go with HSA's

Only helps those of a certain income. The high deductible is great while you're not sick, not so good when you get sick.


6. Legislate on Pre-existing conditions.

Done in the new healthcare law.


7. Make it portable- like a 401k.

Can't. That pesky state regulation thing gets in the way.

8. Subsidize the poor- we already do- it's called medicaid.

Only for the poorest of the poor.


One last thing. You and the GOP should have thought about this BEFORE you decided that opposition to the healthcare law and opposing your own ideas was good politics.

 

[Maple]

I guess you could drop it, pay the fine (2.5% of claimed net income?), then wait in the Emergency Room.

Based on your financial situation and claimed dependents, you might qualify for a subsidy on your premiums, or even coverage under Medicaid.

I'm not sure much will change because of this law, and it's hard to see where health-care costs would decrease. I hope they do, but I'm not holding my breath.

He can do NOTHING until 2014. These plans are not in place now, the taxes and increasing premiums start NOW, the so-called benefits don't start until 2014.

This was just one of their ponzi schemes, you pay for the benefits for 10 years but only get the benefits for 6 years, that's how they could attempt to confuse the public into beleiving that this plan would actually REDUCE the deficit. I was and am not fooled.

Medicare implemented in the 1960's was stated to cost just 1/10 of what it is today, it is bankrupting this country now.

Good point.

I think in the meantime, there's some kind of high-risk pool for individuals who do get dropped/denied from coverage due to pre-existing conditions.

But yeah, the administration was able to make this seem budget neutral in the first decade by using ten years of revenue for six years of service.

I think, were a CFO to try that kind of accounting, they'd end up in Eglin Federal.

Yes they would have been down river by now. AT+T, Verison, Catapillar, J Deare, and several other large corporations have come out publicly and warned, which by the way, they are required to do by law, under SEC rules and GAAP rules, that this bill will cost millions if not billions of dollars in write downs. AT+t stated the bill will cost them 1 billion in the first year of the plan- Obama care eliminated a tax deduction on prescription drugs for their retiree's that will no longer be in effect. This will cause AT+t to drop that benefit, raise premiums, lay people off any number of things in order to make up for this shortfall.

Verizon- is already warning their employees that their premiums will increase. The list goes on the more these CEO's are looking at this bill.

Keep in mind, they are required to report this, it is law that they do. Waxman has now called all of these CEO"s and their attorney's to congress for a severe scolding for pointing out the unintended consequences of this massive new entitlement program. That's happening on 4-21, it should be funny to watch, as I am certain that these CEO"s will make it painfully clear that this bill just trashed the benefits that their retirees and employees have enjoyed. It only gets worse from here as more and more companies and their CEO'S are going over this massive pig of a bill.