God's Not Punishing Us But Corporate Health Insurers Are


 
Buckle Your Seatbelts, Here It Comes

God's Not Punishing Us But Corporate Health Insurers Are
 


27 September 2011 at 8:44:47 PM
humanbeing

How dare any red-blooded, patriotic, true-blue American have the nerve to dream of Universal, not-for-profit, health insurance coverage for all. They'll teach us to rebel. Make no mistake, folks, these monopolistic mega-corporations have so much money, power and control that they can do to us and the system whatever they want. The Dark side strikes back.

Read this from the Washington Post: "Premiums for employer-sponsored health insurance continued to escalate this year even as the share of workers getting less generous coverage reached a new high, according to survey data released Tuesday.

In 2011, for the first time, half of workers at small firms with individual policies faced annual deductibles of $1,000 or more. In 2006, that figure was 16 percent. At large firms, the share has grown from 6 percent to 22 percent over the same five years

Gallery

Featured Comment:

"This is exactly the opposite of what health insurance is supposed to be all about. Insurance is supposed to prevent you from suffering financial consequences from being unlucky enough to get an illness or have an accident. By making those who have health care needs pay more, the whole concept of insurance is belied. It is incredible that one of these corporate machine people can say something like this with a straight face."

AnonymousBE1

At the same time, the survey by the Kaiser Family Foundation found that premiums for family plans rose 9 percent in 2011, after several years of slower annual growth. A similar recent survey by the consulting firm Mercer found that yearly premium increases have been hovering around the 6 percent mark and will grow by slightly less in 2012.

Both sources point to the same fundamental long-term shift: Faced with continually climbing premiums, a record share of employers have moved to plans that require workers to pay more out of pocket.

“Without any real national discussion or debate, there’s a quiet revolution going on in what we call health insurance in this country,” said Drew Altman, president of the Kaiser foundation, which conducted the annual survey of employers in conjunction with the Health Research & Educational Trust. “Health insurance is becoming less and less comprehensive. . . . And we expect that trend to continue.” http://www.washingtonpost.com/national/health-science/survey-rising-health-insurance-costs-shifted-to-workers/2011/09/26/gIQASSpx1K_story.htmlhttp://www.washingtonpost.com/national/health-science/survey-rising-health-insurance-costs-shifted-to-workers/2011/09/26/gIQASSpx1K_story.html

 

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