tag:blogger.com,1999:blog-8188417.post1573942305426171761..comments2023-11-08T07:13:21.791-06:00Comments on I really don't like the word Blog: Why America is Worse Off: Part 3- Medical InsuranceOokami Snowhttp://www.blogger.com/profile/10396649763195640076noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8188417.post-53848305534396014832008-02-02T22:40:00.000-06:002008-02-02T22:40:00.000-06:00I guess this subject is important to me since I co...I guess this subject is important to me since I collect medical debt for a living. Seeing what unexpected medical debt can do to a family every day, hearing people tell me 'I didnt think I really needed insurance, I'm healthy' it can be very sad. I see and hear so many people who dont have medical coverage and even the normal medical services add up so quickly that they get overwhelmed and other expenses take precidence, then they come to us, get sued, get garnished and the cycle of financial problems continues. Health or Auto Insurance would have saved them from all of it.Irenehttps://www.blogger.com/profile/11168297434808815409noreply@blogger.comtag:blogger.com,1999:blog-8188417.post-5540090313670019422008-02-02T22:33:00.000-06:002008-02-02T22:33:00.000-06:00There IS insurance for just catastrophy. Since tha...There IS insurance for just catastrophy. Since that is what cost the insurance companies the most, the premium is not much lower than insurance with coverage for more expected things. The money they make off the other insurance helps finance what they pay for people who do have catastrophy happen.Irenehttps://www.blogger.com/profile/11168297434808815409noreply@blogger.comtag:blogger.com,1999:blog-8188417.post-77115145380082558622008-01-31T12:13:00.000-06:002008-01-31T12:13:00.000-06:00Yes but some peoples medicine is crazy expensive w...Yes but some peoples medicine is crazy expensive w/o ins because that paticular medicine is too new to hve a generic brand yet or it is just to hard to make. I don't have insurance for car repair though, I didn't know that had that besides when as accident occurs of some sort.Tuba Queenhttps://www.blogger.com/profile/06798503095624209311noreply@blogger.comtag:blogger.com,1999:blog-8188417.post-62013259291844068382008-01-30T14:39:00.000-06:002008-01-30T14:39:00.000-06:00That is what I am saying, we need insurance for "d...That is what I am saying, we need insurance for "disasters" (major accidents, major medical bills, loss of home, etc.) things that would devastate the normal person financially.<BR/><BR/>But we do not need to buy insurance for things that we expect to use, medicine, car repair, etc. Because the only way the companies can make money from that sort of thing is to charge more than we use of it. With disaster insurance the company makes money because it isn't used much so they don't have to charge people as much to come out ahead.Ookami Snowhttps://www.blogger.com/profile/10396649763195640076noreply@blogger.comtag:blogger.com,1999:blog-8188417.post-81162354274227589792008-01-30T13:01:00.000-06:002008-01-30T13:01:00.000-06:00Interesting take on the subject. But you are forge...Interesting take on the subject. But you are forgetting. insurance companies are businesses, they have to make money to be there, they have to pay salary & overhead, continuing education, new technology, etc. You buy insurance for the unknown. You are correct that if you wind up never being in a car accident you 'wasted' all that premium over the years. but what if it were you or your wife or child in a devestating accident, or diagnosed with a long term illness or terminal cancer, one second changing your lives forever, especially financially, if you didnt have insurance. Hospital bills, cancer treatment, surgeries, could be in the 100's of thousands. your premiums you've paid are minimal compared to that. If insurance companies only charged what you would normally spend on doctor bills in a year, where would the money come from to pay for a catastrophic accident or illness? they would not be in business to offer you protection. So you buy insurance for yourself to protect your lifestyle for the 'what if's' There are SOOO many accidents & illnesses that most states require auto insurance. I say GOOD so that driver who hit me has to take care of my medical bills, my car replacement, my loss of earnings if I'm now disabled because of the accident. But if it was not intentional, it wont put them in the poorhouse either to do so. And if I'm found to need multiple surgery to save my life, I can go to whatever doctor I choose and know he will help me and get paid for taking his time to save my life. No I disagree, insurance is necessary. I could go on about how people are sue happy and try to get everyone to pay for things they dont need to with false malpractice claims, false injuries in car accidents etc, this is what needs to stop so malpractice insurance isn't 1/2 a doctors or hospitals income and can be used instead to buy updated equiptment, offer more charity care to those who cannot afford insurance and keep premiums down for those who do. Whew! I had alot to say didnt I :)Irenehttps://www.blogger.com/profile/11168297434808815409noreply@blogger.comtag:blogger.com,1999:blog-8188417.post-75385430620334486692008-01-29T17:41:00.000-06:002008-01-29T17:41:00.000-06:00To go with why gov health insurance would be bad, ...To go with why gov health insurance would be bad, services would become really crapy, there would be so many gov write offs with them paying that people would care anymore. Is that moraly right? no but it would happen.<BR/>A thought on the auto insurance, yes you are paying more than you would probably receive from the insurance company, but you are totaly correct, its for the other guy and you. PIP for instance, KS happens to be a no fault state, if you are an insured driver they will help pay for some med bills up to a certain amount. That helps alot. Or how about when some moron Hits your car and they don't have insurance and have no $ to pay for the damages and you have an outragious deductible cause you want lower premiums. That would suck. More on that another time.<BR/>Health insurance, yes it can get expensive, BUT the contractual write off with the ins companies is huge. When I had nicole they wrote off 18K because my the hospital was in network, I had to pay 2K, yes still alot of money for a student. But my Dr delivered my child safely, and without her I wouldn't have been able to have nicole with my circumstances. So was all the $ I payed into insurance worth it, Heck Yes and I'll do it again, and I am doing it again. again more on that another timeTuba Queenhttps://www.blogger.com/profile/06798503095624209311noreply@blogger.com