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Health insurance for the small buisness owner

Old 05-24-2019, 08:27 AM
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Default Health insurance for the small buisness owner

Iím still not seeing that wonderful, great, fantastic, best insurance plan the planet has to offer. I donít think 650.00 per month plus an out of sight deductible is reasonable. Letís just offer everyone Medicare.
Old 05-24-2019, 08:37 AM
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Originally Posted by alligatorgar View Post
Iím still not seeing that wonderful, great, fantastic, best insurance plan the planet has to offer. I donít think 650.00 per month plus an out of sight deductible is reasonable. Letís just offer everyone Medicare.
It is mind boggling. Straight out of high school, $6 hour warehouse job, full medical/dental with almost no deductible. Several decades and millions of illegal immigrants and other various leaches of society later, I can't afford health insurance.
Old 05-24-2019, 08:53 AM
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In before the Bilge. There are many problems with the healthcare system. Middleman profits are part of the equation.


Cigna Delivers Strong First Quarter 2019 Results, Raises Outlook

Total revenues in the first quarter were $37.9 billion. Adjusted revenues1 were $33.4 billion.

Shareholders’ net income for the first quarter was $1.37 billion, or $3.56 per share

Adjusted income from operations2 for the first quarter was $1.5 billion, or $3.90 per share

Adjusted income from operations2,3,4 is now projected to be in the range of $6.24 billion to $6.4 billion in 2019, or

$16.25 to $16.65 per share3, which represents per share growth of 14% to 17% over 2018
Old 05-24-2019, 08:57 AM
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We went to medishare
Old 05-24-2019, 09:05 AM
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Anyone pondering government run healthcare should consider HUD as an example, where it is estimated only ten cents of every tax dollar actually reaches a citizen in need, the rest is administrative costs. Going that way would just be trading five gallon buckets - one filled with corporate profit, the other filled with government bureaucracy and waste. Take your pick.
Old 05-24-2019, 09:12 AM
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Originally Posted by blaineC View Post
Anyone pondering government run healthcare should consider HUD as an example, where it is estimated only ten cents of every tax dollar actually reaches a citizen in need, the rest is administrative costs. Going that way would just be trading five gallon buckets - one filled with corporate profit, the other filled with government bureaucracy and waste. Take your pick.
Do you think the Medicare program is better run than HUD? That would be a better comparison.
Old 05-24-2019, 09:20 AM
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I honestly don't know. I do know from personal experience that Medicare is subject to rampant fraud, and that at least some federal agencies are astonishingly inefficient. They are this way because..... there is absolutely no incentive for them to be otherwise. Not a political rant, just the reality of government in any country.
Old 05-24-2019, 09:24 AM
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Originally Posted by Sprockets View Post
Do you think the Medicare program is better run than HUD? That would be a better comparison.
I'm 68 years old and Medicare plus the supplement is the best insurance plan I have had in my entire life.
Old 05-24-2019, 09:28 AM
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What does the supplement cost and how much is the deductible?
Old 05-24-2019, 09:31 AM
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Originally Posted by Bernie1951 View Post
I'm 68 years old and Medicare plus the supplement is the best insurance plan I have had in my entire life.
Not arguing your point but that doesn't mean that it is run efficiently. As blaineC pointed out, there is no incentive for them to be efficient.

OP....I know someone on MediShare and they are very pleased.
Old 05-24-2019, 09:31 AM
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Originally Posted by Bernie1951 View Post
I'm 68 years old and Medicare plus the supplement is the best insurance plan I have had in my entire life.
My parents are in their late 80's and have supplements with United Healthcare via AARP. Overall, the system works great. It's a bit confusing when you get into prescription coverage and the "donut hole" though.

And I realize there is a ton of fraud. That's part of the administrative cost of the program.
Old 05-24-2019, 11:12 AM
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My insurance through company I work for (very large multi-national corporation) is 179/week for a family. $3000 deductible/8k max out of pocket. I owe 20% after deductible until max out of pocket is reached. I contribute to an HSA as well($100/week), and have AD&D plus life insurance and short term disability coverage for an additional cost. The total out of my paycheck every week is $370. Thats 19K/year in health-related expenses out of my check, in addition to the 3-4k more I would have to spend if I were to reach the max out of pocket. Thats not including taxes either. The network sucks too, were severely constrained to what dr's we can see, and in the event of surgery and a couple of other things we are required to jump through some other hoops to avoid being penalized.

Just a few short years ago, It was only 200/week for all health related deductions, and I never had to pay a dime in dr bills and could just about go to any dr. i wanted. At the time, i thought it was expensive, but i'd give anything to be able to have that plan back.

running joke around here is ''its a good thing we get paid well, because it sure costs alot to work here''. I can't remember the last time i've gotten a raise that wasn't immediately sucked up by that years insurance increases
Old 05-24-2019, 08:13 PM
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Originally Posted by blaineC View Post
Anyone pondering government run healthcare should consider HUD as an example, where it is estimated only ten cents of every tax dollar actually reaches a citizen in need, the rest is administrative costs. Going that way would just be trading five gallon buckets - one filled with corporate profit, the other filled with government bureaucracy and waste. Take your pick.
DMV thread says hold my beer.
Old 05-24-2019, 08:22 PM
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Originally Posted by Bernie1951 View Post
I'm 68 years old and Medicare plus the supplement is the best insurance plan I have had in my entire life.
good enough for you to afford a boat yet?
Old 05-24-2019, 10:37 PM
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If your business looses enough to put you in the first tax bracket you can get Obamacare for nearly 0 out of pocket including copays and deductibles.

Now days it seems good healt care is more of a sign of prosperity than a big house with an Escalade and bayliner parked out front.
Old 05-25-2019, 03:46 AM
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Medicare is price control and taxpayer subsidized. It is actually one of the culprits as to why healthcare is so expensive for everyone else. But there are numerous reasons for that. My mother’s treatment through a Medicare plan and whatever her supplemental is has been very good.
Old 05-25-2019, 06:21 AM
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Originally Posted by Bernie1951 View Post
I'm 68 years old and Medicare plus the supplement is the best insurance plan I have had in my entire life.
I agree same for me, medicare reduces the huge dr charges, say $3500 for 30 min work down to like $1200. too many insurance companies and different forms and rules.

too many people on these boards are anti "gummint"
Old 05-25-2019, 07:14 AM
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Originally Posted by blaineC View Post
Anyone pondering government run healthcare should consider HUD as an example, where it is estimated only ten cents of every tax dollar actually reaches a citizen in need, the rest is administrative costs. Going that way would just be trading five gallon buckets - one filled with corporate profit, the other filled with government bureaucracy and waste. Take your pick.
Amen

I tried to purchase a HUD owned property in 2010. Put in a bid and it was accepted. Had the loan...including $45k in repairs and updates...all lined up ready to go. Deal fell through because ONE piece of paper sat on some government jackass's desk at HUD because she was too lazy and incompetent to sign it. Deal fell through and I was offered first right of refusal which came to bear 4 months later when we had moved elsewhere.

The property sat in HUDs inventory for another year.

Nearly two years this house sat vacant while a willing and eligible buyer was ready to purchase and take it off the taxpayers's hands. But that didn't happen because some lazy GOVERNMENT JACKASS couldn't do her job

And we wonder why health care is so bad...I know unrelated industry, but anything the government has its hands in is a shining example of red tape and waste. And the taxpayers always lose.

The pensions and insurance of these government workers should be directly tied to achieving efficiency goals that are measured and evaluated quarterly, if not monthly. You shouldn't be able to be a lazy government paper pusher and waste a whole career turning in low performance as so many do, and be rewarded for it.
Old 05-25-2019, 07:38 AM
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Medicare for all would just mean much higher taxes and government control of our healthcare system. In my opinion that is definitely not the answer.
Old 05-25-2019, 07:50 AM
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Stay healthy my friends.

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