In the following report the gov't notes that despite approximately 14,000 people losing medical insurance DAILY, they expect an increase in total amounts spent for 2009 in health care: http://www.womenshealth.gov/news/English/624419.htm I'm not sure their numbers are accurate, however, as hiring has been flat recently in health care and layoffs are increasing. ... [more]
In the following report the gov't notes that despite approximately 14,000 people losing medical insurance DAILY, they expect an increase in total amounts spent for 2009 in health care:
http://www.womenshealth.gov/news/English/624419.htm
I'm not sure their numbers are accurate, however, as hiring has been flat recently in health care and layoffs are increasing.
http://www.aha.org/aha/press-release/2009/090427-pr-economy.html
I think they may not have accounted for the fact that so many of the laid off are middle to upper class. This affects both eligibility for Medicaid and the types of medical treatment reduced.
Did you know that one in every eight Americans is employed in a health-care related job (includes dependent care)?
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Response by notadmin
about 17 years ago
Posts: 3835
Member since: Jul 2008
also 1 in 4 young healthy people in nyc opt out of health insurance cause it's too expensive for what they consume thanks to community rating and mandates that push premiums up. heard politicians in other states not wanting to impose community rating and mandates to keep premiums affordable for young families and i just couldn't believe my ears. other states do care about the young?
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Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008
what's a community rating? I never heard of it/
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Response by notadmin
about 17 years ago
Posts: 3835
Member since: Jul 2008
basically that insurers have to charge the same to a 130 lbs 25 year old that takes care of himself and barely uses services than a 55 year old that weights 300 lbs and lives drinking sodas and is on 15 different medications. hence, premiums are ridiculously high to the first group, so many opt out anyway. so the pool ends up biased towards the sicker ones given that many of the healthier opt out cause of the high cost. that's the reason why there's no cheap high deductible HSA in NY that the young can use (unlike in california, for ex).
also 1 in 4 young healthy people in nyc opt out of health insurance cause it's too expensive for what they consume thanks to community rating and mandates that push premiums up. heard politicians in other states not wanting to impose community rating and mandates to keep premiums affordable for young families and i just couldn't believe my ears. other states do care about the young?
what's a community rating? I never heard of it/
basically that insurers have to charge the same to a 130 lbs 25 year old that takes care of himself and barely uses services than a 55 year old that weights 300 lbs and lives drinking sodas and is on 15 different medications. hence, premiums are ridiculously high to the first group, so many opt out anyway. so the pool ends up biased towards the sicker ones given that many of the healthier opt out cause of the high cost. that's the reason why there's no cheap high deductible HSA in NY that the young can use (unlike in california, for ex).