I agree, that's why none of it makes sense. Putting aside

blaming Obama for the bad risk pools of the ACA or blaming the GOP for eliminating the backstop for insurers, I'd like someone to explain the economics that get you to a $36K premium + deductibles, co-pays, etc. As PalmyraHoo posts below, that doesn't just assume a bad risk pool, that assumes everyone insured gets cancer or has a heart attack every 2nd or 3rd year. It just doesn't make any sense.

If the answer is just Optima is the only game in town so there's no pricing competition and they can charge whatever they want, well you'd be able to point to massive profits at Optima health and I'd think the regulators would be able to address that. What possible justification could Optima present that would support $36K in premiums.

(In response to this post by Tuckahokie)

Posted: 07/20/2018 at 07:54AM

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

Advocacy Group Works to Fight Optima's Healthcare Rates -- PalmyraHoo 07/20/2018 07:16AM

Pay the Canucks 100 Billion and let them run US Healthcare -- Quaker 07/20/2018 08:38AM

I still can't get my head around $36K insurance premiums for a family. -- BocaHoo91 07/20/2018 07:27AM

Private insurance as a means of delivering healthcare is moronic and needs -- WahooRQ 07/20/2018 09:23AM

This is a result of the destruction of the ACA. Insurers have pulled out -- 111Balz 07/20/2018 08:58AM

Are you saying the highest premiums in the nation . -- PalmyraHoo 07/20/2018 11:07AM

I don't think you can blame this on lack of competition (insurers pulling -- BocaHoo91 07/20/2018 09:13AM

The 28k number is insurance costs + out of pocket, not the cost of care -- 111Balz 07/20/2018 09:21AM

I understand all that, but lack of competition would ultimately lead to -- BocaHoo91 07/20/2018 09:25AM

My point was not that they were gouging. It was more about why insurers hav -- 111Balz 07/20/2018 09:30AM

I'd make a different argument. This is what you get when -- Shenhoo 07/20/2018 09:05AM

Agree with all ** -- 111Balz 07/20/2018 09:07AM

How do you explain 60% increase under Obama? ** -- PalmyraHoo 07/20/2018 09:04AM

I have no idea what you are talking about ** -- 111Balz 07/20/2018 09:06AM

No surprise, try to follow along here .... -- PalmyraHoo 07/20/2018 09:13AM

Damn. Honestly, wife and I would probably retire -- Shenhoo 07/20/2018 09:33AM

Get you an H1B Visa and move to Canada, cap! ** -- WahooRQ 07/20/2018 09:24AM

You'd have to tell me a whole lot more about that family of 2. ** -- 111Balz 07/20/2018 09:19AM

What do uou want to know? -- PalmyraHoo 07/20/2018 11:00AM

Cap hates Obama. It's his consistent theme. He ain't said jackshit about -- Shenhoo 07/20/2018 09:12AM

Not Jack Shit, not Cap, but ole PalmyraHoo sure isn't a Trump fan .... -- PalmyraHoo 07/20/2018 11:54AM

$28,266 is the healthcare costs for the average American family this year -- Hoos Operator 07/20/2018 08:35AM

It is not health csre, it is health insurance. -- PalmyraHoo 07/20/2018 08:59AM

Except it really isn't health insurance either. It is more like -- Tafkam Hokie 07/20/2018 8:02PM

It's insurance plus out of pocket ** -- 111Balz 07/20/2018 09:23AM

How the heck can any person unthether himself from working corporate -- Shenhoo 07/20/2018 07:58AM

...does not include the very expensive max out-of-pocket and doctor visit -- Tuckahokie 07/20/2018 07:46AM

I agree, that's why none of it makes sense. Putting aside -- BocaHoo91 07/20/2018 07:54AM

Do I misunderstand that ACA rules prohibit "excessive" profits, that -- Shenhoo 07/20/2018 08:04AM

You need to seriously think about retiring outside of the U.S. -- Oregon Hoo 07/20/2018 09:48AM

You understand that correctly. -- Stimp 07/20/2018 08:10AM

Stevie Wonder would pay less for auto insurance. -- PalmyraHoo 07/20/2018 07:43AM