John Adams Posted March 20, 2010 Share Posted March 20, 2010 I would think a patent attorney would know it's $23,000, not 23,000$. But seriously, is not $2000 a month awfully high? Sounds like you are paying a large premium to avoid a deductible. That was not quite right--I had lumped medical, dental, and disability into one. I pay around 20K/year for Blue Cross Personal Choice (an older insanely good plan you can't buy anymore). Thanks for the tip. I have a pretty good handle on grammar rules. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 20, 2010 Share Posted March 20, 2010 That was not quite right--I had lumped medical, dental, and disability into one. I pay around 20K/year for Blue Cross Personal Choice (an older insanely good plan you can't buy anymore). Thanks for the tip. I have a pretty good handle on grammar rules. And I think it would be safe to say that the disability portion is the largest no? Link to comment Share on other sites More sharing options...
keepthefaith Posted March 20, 2010 Share Posted March 20, 2010 That was not quite right--I had lumped medical, dental, and disability into one. I pay around 20K/year for Blue Cross Personal Choice (an older insanely good plan you can't buy anymore). Thanks for the tip. I have a pretty good handle on grammar rules. Still sounds very high. I pay under $9k per year for family of 5 coverage without dental or disability. $2k annual family deductible but includes co-pay doctor and prescription coverage. If we don't have a disaster - we save a lot and over the past 7 years we've averaged about $1000/year out of pocket. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 21, 2010 Share Posted March 21, 2010 Still sounds very high. I pay under $9k per year for family of 5 coverage without dental or disability. $2k annual family deductible but includes co-pay doctor and prescription coverage. If we don't have a disaster - we save a lot and over the past 7 years we've averaged about $1000/year out of pocket. I take it you have not priced the cost of disability insurance lately. Link to comment Share on other sites More sharing options...
DC Tom Posted March 21, 2010 Share Posted March 21, 2010 I take it you have not priced the cost of disability insurance lately. I pay $900/year. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 21, 2010 Share Posted March 21, 2010 I pay $900/year. And that means nothing without the details (and I'm not expecting you to post them) such as monthly benefit, elimination period, benefit period etc, etc. Link to comment Share on other sites More sharing options...
keepthefaith Posted March 21, 2010 Share Posted March 21, 2010 I take it you have not priced the cost of disability insurance lately. Have not. Link to comment Share on other sites More sharing options...
Joe Miner Posted March 24, 2010 Share Posted March 24, 2010 Since this thread is dealing more with the financial end of HC. http://www.rushlimbaugh.com/home/daily/sit...5109.guest.html I know it's the evil Limbaugh, but this is the only place I saw it. It's a transcript of a conversation with a caller about the new changes to the %'s that an insurance company has to pay out in claims. Apparently the split used to be 65/45 (I would have thought 65/35 but maybe I'm not clear on how this works), and now with the new HC it's 85/15. Is this a bunch of hoopla or is it a serious concern for the Insurance companies, and what ramifications will it have? Link to comment Share on other sites More sharing options...
RI Bills Fan Posted March 24, 2010 Share Posted March 24, 2010 Since this thread is dealing more with the financial end of HC. http://www.rushlimbaugh.com/home/daily/sit...5109.guest.html I know it's the evil Limbaugh, but this is the only place I saw it. It's a transcript of a conversation with a caller about the new changes to the %'s that an insurance company has to pay out in claims. Apparently the split used to be 65/45 (I would have thought 65/35 but maybe I'm not clear on how this works), and now with the new HC it's 85/15. Is this a bunch of hoopla or is it a serious concern for the Insurance companies, and what ramifications will it have? This has already been debunked, by Magox I believe, the old split was closer to 80/20 & it moves to 85/15 65/45 adds up to 110 Casino's wish they had it that good. The average slot machine payout is somewhere around 93/7 Do the math Link to comment Share on other sites More sharing options...
jjamie12 Posted March 24, 2010 Share Posted March 24, 2010 This has already been debunked, by Magox I believe, the old split was closer to 80/20 & it moves to 85/15 65/45 adds up to 110 Casino's wish they had it that good. The average slot machine payout is somewhere around 93/7 Do the math Just to be clear: This is the split between Insurance Payouts and Administrative Costs, yes? Link to comment Share on other sites More sharing options...
RI Bills Fan Posted March 24, 2010 Share Posted March 24, 2010 Just to be clear: This is the split between Insurance Payouts and Administrative Costs, yes? Yes Link to comment Share on other sites More sharing options...
Joe Miner Posted March 24, 2010 Share Posted March 24, 2010 This has already been debunked, by Magox I believe, the old split was closer to 80/20 & it moves to 85/15 65/45 adds up to 110 Casino's wish they had it that good. The average slot machine payout is somewhere around 93/7 Do the math Then I'm sure Magox will not mind pointing me in the direction of his post debunking this. And I believe I had already done the 65/45 math in my post, but thanks for double checking me on that. Link to comment Share on other sites More sharing options...
RI Bills Fan Posted March 24, 2010 Share Posted March 24, 2010 Since this thread is dealing more with the financial end of HC. http://www.rushlimbaugh.com/home/daily/sit...5109.guest.html I know it's the evil Limbaugh, but this is the only place I saw it. It's a transcript of a conversation with a caller about the new changes to the %'s that an insurance company has to pay out in claims. Apparently the split used to be 65/45 (I would have thought 65/35 but maybe I'm not clear on how this works), and now with the new HC it's 85/15. Is this a bunch of hoopla or is it a serious concern for the Insurance companies, and what ramifications will it have? Then I'm sure Magox will not mind pointing me in the direction of his post debunking this. And I believe I had already done the 65/45 math in my post, but thanks for double checking me on that. Just trying to help Link to comment Share on other sites More sharing options...
Magox Posted March 24, 2010 Author Share Posted March 24, 2010 Then I'm sure Magox will not mind pointing me in the direction of his post debunking this. And I believe I had already done the 65/45 math in my post, but thanks for double checking me on that. http://www.bloomberg.com/apps/news?pid=206...id=aa32kl.M09T4 80/20. However I remember very clearly reading that for certain insurance companies it would be 85/15. The 65/35 issue, was more a rule of thumb. It wasn't that they spent 65 cents on the dollar on health care related issues, it had more to do with cash flow, and cash on hand. In other words, any successful business needs to have a strong balance sheet, which includes cash on hand. I imagine this will get worked out. Link to comment Share on other sites More sharing options...
Joe Miner Posted March 24, 2010 Share Posted March 24, 2010 On a different note from the previous claims thought. http://www.breitbart.tv/paul-ryan-obamacar...l-frankenstein/ Graphs are pretty. Link to comment Share on other sites More sharing options...
Booster4324 Posted March 25, 2010 Share Posted March 25, 2010 This has already been debunked, by Magox I believe, the old split was closer to 80/20 & it moves to 85/15 65/45 adds up to 110 Casino's wish they had it that good. The average slot machine payout is somewhere around 93/7 Do the math That would make more sense, 65/35 is worse odds than the casino I worked at. Hey! Link to comment Share on other sites More sharing options...
RI Bills Fan Posted March 25, 2010 Share Posted March 25, 2010 Hey! Which Casino? Link to comment Share on other sites More sharing options...
Adam Posted March 25, 2010 Share Posted March 25, 2010 I was listening to CSPAN this afternoon. This bill is more of a mess than I could have imagined. Apparently reimbursements to doctors was left out, so it could be added later and will add close to another 200 billion. This could be more costly than our crusades in the Middle East. The Republicans and Democrats are ruining the country and the electorate is too uneducated to pick from another pool of candidates. If anything is to be funded, healthcare should top the list- well ahead of the current entitlements, but we need to be able to afford it first. The top priority should have been the elimination of fossil fuels in favor of nuclear or renewable energy resourses- that would have fixed the budget enough to look at doing something more than this horrible bill does. USA- the Unbelievably Stupid people of America Link to comment Share on other sites More sharing options...
Chef Jim Posted March 25, 2010 Share Posted March 25, 2010 I was listening to CSPAN this afternoon. This bill is more of a mess than I could have imagined. Apparently reimbursements to doctors was left out, so it could be added later and will add close to another 200 billion. This could be more costly than our crusades in the Middle East. The Republicans and Democrats are ruining the country and the electorate is too uneducated to pick from another pool of candidates. If anything is to be funded, healthcare should top the list- well ahead of the current entitlements, but we need to be able to afford it first. The top priority should have been the elimination of fossil fuels in favor of nuclear or renewable energy resourses- that would have fixed the budget enough to look at doing something more than this horrible bill does. USA- the Unbelievably Stupid people of America Honest question. How is switching to renewable energy going to reduce the budget? Link to comment Share on other sites More sharing options...
Adam Posted March 25, 2010 Share Posted March 25, 2010 Honest question. How is switching to renewable energy going to reduce the budget? I figure it will reduce the amount of money we send overseas to purchase oil. Wouldn't that be a good start? Link to comment Share on other sites More sharing options...
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