When did Junk Plans become Junk Plans

[Flopper]

Junk Plans?? All Plans are overseen and regulated by each state. You are being untruthful and lying when you say you've seen people being turned away by staff because they already know that they don't/won't pay. You're an Idiot that knows absolutely nothing about how a medical office works ~ Sheeeesh...I don't have time to go over all of your Misconceptions, misrepresentation and outright lies.
The patient is not responsible for $1200. they are usually responsible for 20-30% of the $600 that was agreed upon...The group plan hpo/ppo has already set a limit as to what it will pay, much like obamacare. The Ins co & provider have already set the terms. It's called a Contract!! Those so called junk plans paid or they would be put out of business by the STATE Insurance commission. The difference is obamacare is costing a whole lot more and paying a whole lot less. If there is a so called "Junk Plan" it most certainly is Obamacare!!!

A Big Difference between romneycare & obamacare is that if anyone chose not to participant they had the choice to move to another state!!! It doesn't hide and lie about what it is. Don't like it Move. We Could have easily bought nice "Junk Plans" for all the uninsured for many years just for the price of a fucked up website! Think about that!!

State health insurance laws vary widely from state to state which is why some states had large jumps in premiums when the exchanges opened and others had little or no change.

Junk insurance plans are not sold by the major carriers like UnitedHealth or Aetna but by smaller companies selling over the Internet or by mail. Most of them are discount plans, and hospitalization with limited benefits. Although most of these plans will be stopped by the ACA, some will survive.

Most of the companies that are available on the federal exchange are sold by small companies.

Insurance Companies listed on the Federal Exchange for Florida:
You call these small companies???
Humana Medical Plan, Inc. 4th largest in the nation 21.7 Billion in premiums
Florida Blue (BlueCross BlueShield FL) 17th largest in the nation 7.4 Billion in premiums
CoventryOne 13th largest in the nation 8.1 Billion in premiums
Aetna 5th largest in the nation 21.7 Billion in premiums
Cigna Health and Life Insurance Company 10th largest in the nation 9.6 Billion in premiums

Largest US Health Insurance Companies
www.healthcare.gov

 

[JoeB131]

No but you are responsible for your own....FIX it!

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

You provided tons of lies? Wow.

he best part is that you admit it.

Guy, pretending the problem doesn't exist won't make it go away.

Fact is, this has been studied. 63% of bankruptcies are caused by medical crisis. Usually because when the average salary is about $40,000, and cancer treatment costs upwards of $100,000, you are going to go bankrupt pretty quickly.

Just one month of cancer drugs can cost $10,000 a month.

The Sky-High Cost of Chemotherapy: Why Do Cancer Drugs Cost So Much?

Which is great if you have insurance.

Unless of course, you have the bad luck of having a company like Cigna, that decides your cancer treatment isn't covered, like they did with Nataline Sarkisyan.

 

[MeBelle]

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

EXCELLENT!!

Post up the links then.
TIA

 

[jon_berzerk]

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

 

[Listening]

This will be post #265 in this thread.

Still no links to anyone in the Affirmative Action Failure's administration talking about "junk" plans.

We've got the links for the 2500 k savings and the you can keep your insurance.

I am starting to think the left can't produce them.

Which would take me back to my original point.

They only subjectively became junk when it was convenient for the skinny-assed liar to call them as such because he had is d**k caught in his policy zipper.

BTW: you should start a thread about medical bankruptcy. It's obvious this one has achieved it's purpose.....

 

[Flopper]

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

 

[Amelia]

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

Interesting that you choose an article with a passage like this:

And if you think only Americans without health insurance face financial troubles, think again. NerdWallet estimates nearly 10 million adults with year-round health-insurance coverage will still accumulate medical bills that they can't pay off this year.
High-deductible insurance plans requiring consumers to pay more out-of-pocket costs are a challenge for many households.

"With an average American family bringing home $50,000 in income, a high medical bill and a high-deductible insurance plan can quickly become something they are unable to pay," LaMontagne said. "If you have an out-of-pocket maximum of $5,000 or $10,000, that's really tough," he said.

Obamacare isn't going to fix that problem -- and might exacerbate it. And it'll be doing it to people who actually had their finances in control before the ACA was passed but who are strapped by the new costs.

Not good.

 

[Listening]

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

Got any clips...(see OP) ?

 

[Vox]

State health insurance laws vary widely from state to state which is why some states had large jumps in premiums when the exchanges opened and others had little or no change.

Junk insurance plans are not sold by the major carriers like UnitedHealth or Aetna but by smaller companies selling over the Internet or by mail. Most of them are discount plans, and hospitalization with limited benefits. Although most of these plans will be stopped by the ACA, some will survive.

Most of the companies that are available on the federal exchange are sold by small companies.

Insurance Companies listed on the Federal Exchange for Florida:
You call these small companies???
Humana Medical Plan, Inc. 4th largest in the nation 21.7 Billion in premiums
Florida Blue (BlueCross BlueShield FL) 17th largest in the nation 7.4 Billion in premiums
CoventryOne 13th largest in the nation 8.1 Billion in premiums
Aetna 5th largest in the nation 21.7 Billion in premiums
Cigna Health and Life Insurance Company 10th largest in the nation 9.6 Billion in premiums

Largest US Health Insurance Companies
www.healthcare.gov

except only Florida Blue is actually the obamacare company.

All others DO NOT sell their policies through the exchanges.

For Florida residents.

 

[Vox]

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

and it was already pointed out that this particular study is unreliable as it counted people to be "medically bankrupt" which never were.

 

[Quantum Windbag]

But the Affordable Care Act also established another type of financial assistance for people who buy plans on the marketplaces, also known as exchanges. Cost-sharing subsidies can substantially reduce the deductibles, copayments, coinsurance and total out-of-pocket spending limits for people with incomes up to 250 percent of the federal poverty level ($58,875 for a family of four in 2013). Those reductions could be an important consideration for lower-income consumers when choosing their coverage.

In Addition To Premium Credits, Health Law Offers Some Consumers Help Paying Deductibles And Co-Pays - Kaiser Health News

Yes, but those subsidies only kick in if you already qualify for premium subsidies, which only occurs if your premiums exceed 20% of your income and you don't make more than the cutoff.

Where did you get 20%?

I ran the Kaiser Calculator for:
For 1 adult, nonsmoker, age 43, 3 kids, family income of $36,000 in Florida.

Results were:

For a Silver Plan
Premium of $9,059 per year
Subsidy of $7,571 per year
Amount of premium to be paid $1,487 per year
Maximum out of pocket $4500/yr.

Subsidy Calculator | The Henry J. Kaiser Family Foundation

Gee, that should make everyone feel better, if they ignore the part where the Kaiser calculator is not an official government calculator, and that they are not responsible for any errors, and that the person who actually has to pay if it is wrong is the idiot (Flopper) who thinks it is the be all and end all in the discussion.

 

[Quantum Windbag]

State health insurance laws vary widely from state to state which is why some states had large jumps in premiums when the exchanges opened and others had little or no change.

Junk insurance plans are not sold by the major carriers like UnitedHealth or Aetna but by smaller companies selling over the Internet or by mail. Most of them are discount plans, and hospitalization with limited benefits. Although most of these plans will be stopped by the ACA, some will survive.

Most of the companies that are available on the federal exchange are sold by small companies.

Insurance Companies listed on the Federal Exchange for Florida:
You call these small companies???
Humana Medical Plan, Inc. 4th largest in the nation 21.7 Billion in premiums
Florida Blue (BlueCross BlueShield FL) 17th largest in the nation 7.4 Billion in premiums
CoventryOne 13th largest in the nation 8.1 Billion in premiums
Aetna 5th largest in the nation 21.7 Billion in premiums
Cigna Health and Life Insurance Company 10th largest in the nation 9.6 Billion in premiums

Largest US Health Insurance Companies
www.healthcare.gov

Do you know what the word most means?

 

[Quantum Windbag]

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

You provided tons of lies? Wow.

he best part is that you admit it.

Guy, pretending the problem doesn't exist won't make it go away.

Fact is, this has been studied. 63% of bankruptcies are caused by medical crisis. Usually because when the average salary is about $40,000, and cancer treatment costs upwards of $100,000, you are going to go bankrupt pretty quickly.

Just one month of cancer drugs can cost $10,000 a month.

The Sky-High Cost of Chemotherapy: Why Do Cancer Drugs Cost So Much?

Which is great if you have insurance.

Unless of course, you have the bad luck of having a company like Cigna, that decides your cancer treatment isn't covered, like they did with Nataline Sarkisyan.

That fact is a lie.

RealClearMarkets - The Healthcare Bankruptcy Myth

 

[Quantum Windbag]

I've provided tons of articles on how 62% of bankruptcies are due to medical crisis, and how 75% of those were those plans Obama won't let people keep.

pretending a problem doesn't exist doesn't get rid of the problem.

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

My guess is that they will continue at the current rate of not happening at all.

 

[Quantum Windbag]

EXCELLENT!!

Post up the links then.
TIA

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

Stop lying.

RealClearMarkets - The Healthcare Bankruptcy Myth

 

[Quantum Windbag]

Most of the companies that are available on the federal exchange are sold by small companies.

Insurance Companies listed on the Federal Exchange for Florida:
You call these small companies???
Humana Medical Plan, Inc. 4th largest in the nation 21.7 Billion in premiums
Florida Blue (BlueCross BlueShield FL) 17th largest in the nation 7.4 Billion in premiums
CoventryOne 13th largest in the nation 8.1 Billion in premiums
Aetna 5th largest in the nation 21.7 Billion in premiums
Cigna Health and Life Insurance Company 10th largest in the nation 9.6 Billion in premiums

Largest US Health Insurance Companies
www.healthcare.gov

except only Florida Blue is actually the obamacare company.

All others DO NOT sell their policies through the exchanges.

For Florida residents.

Don't use facts on him, he still thinks that people love Obamacare now that it has finally kicked in.

 

[Flopper]

it is hard to imagine

that higher priced premiums higher deductibles

and your current doctors not covered by the plan

will stop medical bankruptcies

Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn't buffer consumers against financial hardship.

Only time will tell to what extent Obamacare will have on these bankruptcies. For those qualified for subsidies in the individual healthcare market, it should certainly help. For those not qualified, I don't see any difference. However, most people get their insurance through an employer. It really depends on what happens in this market.


Medical Bills Are the Biggest Cause of US Bankruptcies: Study

Interesting that you choose an article with a passage like this:

And if you think only Americans without health insurance face financial troubles, think again. NerdWallet estimates nearly 10 million adults with year-round health-insurance coverage will still accumulate medical bills that they can't pay off this year.
High-deductible insurance plans requiring consumers to pay more out-of-pocket costs are a challenge for many households.

"With an average American family bringing home $50,000 in income, a high medical bill and a high-deductible insurance plan can quickly become something they are unable to pay," LaMontagne said. "If you have an out-of-pocket maximum of $5,000 or $10,000, that's really tough," he said.

Obamacare isn't going to fix that problem -- and might exacerbate it. And it'll be doing it to people who actually had their finances in control before the ACA was passed but who are strapped by the new costs.

Not good.

I have never been very confident that it will solve the medical bankruptcy problem. No one knows at this point.

The expanded medicaid will certain eliminate medical bankruptcies at the very low income level because it's free medical care but there are still some states that don't offer it.

For people purchasing insurance in the individual marketplace with low income levels, 133% to 200% of FPL, it should certainly reduce medical bankruptcies because both the cost of the insurance and out the pocket maximums will be substantially reduced. Over 200% FPL, I don't think it will have much effect at all and this is where most people in the individual insurance market fall.

Employer sponsor health insurance isn't going to change much. Companies over 50 employees that don't offer health insurance will be required to do so. However smaller companies that offer insurance may decide to drop that insurance pushing their employees onto the exchanges.

 

[Amelia]

Since we don't seem to disagree all that much on this subject I'll just observe a little technicality:

"The expanded medicaid will certain eliminate medical bankruptcies at the very low income level because it's free medical care but there are still some states that don't offer it."

By the definitions used in the study people cite about 60% of bankruptcies being medical bankruptcies, low income level people can still have medical bankruptcies. They can have no medical bills at all and still fall into that definition. If they miss work for two weeks due to illness or injury and then declare bankruptcy, they would be deemed to have a medical bankruptcy. IIUC.

 

[Flopper]

Yes, but those subsidies only kick in if you already qualify for premium subsidies, which only occurs if your premiums exceed 20% of your income and you don't make more than the cutoff.

Where did you get 20%?

I ran the Kaiser Calculator for:
For 1 adult, nonsmoker, age 43, 3 kids, family income of $36,000 in Florida.

Results were:

For a Silver Plan
Premium of $9,059 per year
Subsidy of $7,571 per year
Amount of premium to be paid $1,487 per year
Maximum out of pocket $4500/yr.

Subsidy Calculator | The Henry J. Kaiser Family Foundation

Gee, that should make everyone feel better, if they ignore the part where the Kaiser calculator is not an official government calculator, and that they are not responsible for any errors, and that the person who actually has to pay if it is wrong is the idiot (Flopper) who thinks it is the be all and end all in the discussion.

The calculation is not that difficult. The tables are on healthcare.gov. I could list several other calculators that will give the same results but I'm sure you would make the same claims about them.

 

[Flopper]

Most of the companies that are available on the federal exchange are sold by small companies.

Insurance Companies listed on the Federal Exchange for Florida:
You call these small companies???
Humana Medical Plan, Inc. 4th largest in the nation 21.7 Billion in premiums
Florida Blue (BlueCross BlueShield FL) 17th largest in the nation 7.4 Billion in premiums
CoventryOne 13th largest in the nation 8.1 Billion in premiums
Aetna 5th largest in the nation 21.7 Billion in premiums
Cigna Health and Life Insurance Company 10th largest in the nation 9.6 Billion in premiums

Largest US Health Insurance Companies
www.healthcare.gov

Do you know what the word most means?

There are only 5 companies listed on the exchange for Florida and they are all large insurance companies. If you take the time to look you will see that's the case in almost all states.