Slowest three-year health care spending growth in 52 years

  1. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Slowest three-year health care spending growth in 52 years

    http://www.pbs.org/newshour/bb/politics/jan-june13/healthcare_01-07.html

    To be sure, it continued to grow, but at the slowest rate in decades.

    Now, before anyone starts to mine credit from this, a major reason is that a net seven million people lost health coverage between 2007 and 2010.  

    7,000,000

    Know any of them?

     
  2. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Slowest three-year health care spending growth in 52 years

    Obama's "When you get a lemon, make lemonade" stooges strike again. 

    Worst recovery from a recession not only in 52 years, but in in US history. Policies that decimate the private sector, leading to mass layoffs.

    One benefit is Obama stooges can brag that "taxes are historically low". Based on tax revenue coming in at historic lows. 

    Second, Obama stooges can brag about lower overall health care costs  Based on millions laid off losing heath insurance.

     
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  5. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Slowest three-year health care spending growth in 52 years

    Growth ties right in with an economy in the ditch.

     
  6. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

    Obama's "When you get a lemon, make lemonade" stooges strike again. 

    Worst recovery from a recession not only in 52 years, but in in US history. Policies that decimate the private sector, leading to mass layoffs.

    One benefit is Obama stooges can brag that "taxes are historically low". Based on tax revenue coming in at historic lows. 

    Second, Obama stooges can brag about lower overall health care costs  Based on millions laid off losing heath insurance.

    [/QUOTE]

    Please listen to the piece.  And note that the first comment over in the thread that follows the story accuses the person publicizing the information of being a stooge for the insurance industry.

     
  7. You have chosen to ignore posts from tvoter. Show tvoter's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to Firewind's comment:
    [QUOTE]

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

    Obama's "When you get a lemon, make lemonade" stooges strike again. 

    Worst recovery from a recession not only in 52 years, but in in US history. Policies that decimate the private sector, leading to mass layoffs.

    One benefit is Obama stooges can brag that "taxes are historically low". Based on tax revenue coming in at historic lows. 

    Second, Obama stooges can brag about lower overall health care costs  Based on millions laid off losing heath insurance.

    [/QUOTE]

    Please listen to the piece, and note that the first comment over in the thread that follows the story accuses the person publicizing the information of being a stooge for the insurance industry.

    [/QUOTE]


    Not a stooge for insurance companies; they did cut cost due to losing those insured.

    A stooge for spewing the dem rhetoric!

     
  8. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Re: Slowest three-year health care spending growth in 52 years

    7,000,000 net between 2007 and 2010.

     
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  13. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Slowest three-year health care spending growth in 52 years

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

     
  14. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to MattyScornD's comment:
    [QUOTE]

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

    [/QUOTE]

    So, why am I not paying $5.75 for an aspirin?

    as far as comparing premium years.  Keep in mind that health care costs are not going down, and in fact, are going up. There are a large numbetaxes new taxes I Obamacare, a 3.8% cap gains tax, a housing sale tax, and so on.  So, comparing premiums tells you nothing, as it no longer represents the cost Of that care, only what an individual THINKS they are paying.

     
  15. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

    [/QUOTE]

    So, why am I not paying $5.75 for an aspirin?

    as far as comparing premium years.  Keep in mind that health care costs are not going down, and in fact, are going up. There are a large numbetaxes new taxes I Obamacare, a 3.8% cap gains tax, a housing sale tax, and so on.  So, comparing premiums tells you nothing, as it no longer represents the cost Of that care, only what an individual THINKS they are paying.

    [/QUOTE]

    Because it's a hypothetical scenario...much like your grasp of public policy detail.

    And you're wrong.

    Health care premiums DO reflect costs, but they are modified through the grist mill of underwriting and risk assessment which combine a number of factors and algorithms to determine what you pay.

     

     
  16. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

    [/QUOTE]

    So, why am I not paying $5.75 for an aspirin?

    as far as comparing premium years.  Keep in mind that health care costs are not going down, and in fact, are going up. There are a large numbetaxes new taxes I Obamacare, a 3.8% cap gains tax, a housing sale tax, and so on.  So, comparing premiums tells you nothing, as it no longer represents the cost Of that care, only what an individual THINKS they are paying.

    [/QUOTE]

    Because it's a hypothetical scenario...much like your grasp of public policy detail.

    And you're wrong.

    Health care premiums DO reflect costs, but they are modified through the grist mill of underwriting and risk assessment which combine a number of factors and algorithms to determine what you pay.

     

    [/QUOTE]

    No longer.  There are other factors and sources of income to consider to assess the entire cost of your care, all these new taxes, the $750 million stolen from Medicarpay you can no longer look at premiums from the past to premiums from Obama forward.  Apples and oranges.

     

     
  17. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to WhatDoYouWantNow's comment:
    [QUOTE]

    In response to skeeter20's comment:

    So, why am I not paying $5.75 for an aspirin?

     


    Shoot yourself.

    [/QUOTE]

    Nice...nice...

     
  18. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to skeeter20's comment:
    [QUOTE]

     

    No longer.  There are other factors and sources of income to consider to assess the entire cost of your care, all these new taxes, the $750 million stolen from Medicarpay you can no longer look at premiums from the past to premiums from Obama forward.  Apples and oranges.

     [/QUOTE]


    Again, you're wrong.

    I worked for years building insurance policy rating software across multiple lines of business, including health care.  That process has not changed (inasmuch as insurance companies have developed new programs/program language).

    Apples and Apples.

    You can ask pink, if you still don't believe me....

     

     

     
  19. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

     

    No longer.  There are other factors and sources of income to consider to assess the entire cost of your care, all these new taxes, the $750 million stolen from Medicarpay you can no longer look at premiums from the past to premiums from Obama forward.  Apples and oranges.

     [/QUOTE]


    Again, you're wrong.

    I worked for years building insurance policy rating software across multiple lines of business, including health care.  That process has not changed (inasmuch as insurance companies have developed new programs/program language).

    Apples and Apples.

    You can ask pink, if you still don't believe me....

     

     

    [/QUOTE]

    Not a process or underwriting question, it is a where's the money going question.   it is covering a portion of everyone's premium, in other words, income redistribution.  It would

    So, if, as you claim, it is not going to pay for Obamacare, where is the money being raised by Obama care going? 

    You liberals simply think illogically.  MASSIVE amounts of money is being raised for Obamacare via NEW taxes.  It has become an apples and oranges comparison.

    So, where is this money being raised by taxes from Obamacare going?

     
  20. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

     

    No longer.  There are other factors and sources of income to consider to assess the entire cost of your care, all these new taxes, the $750 million stolen from Medicarpay you can no longer look at premiums from the past to premiums from Obama forward.  Apples and oranges.

     [/QUOTE]


    Again, you're wrong.

    I worked for years building insurance policy rating software across multiple lines of business, including health care.  That process has not changed (inasmuch as insurance companies have developed new programs/program language).

    Apples and Apples.

    You can ask pink, if you still don't believe me....

     

     

    [/QUOTE]

    Not a process or underwriting question, it is a where's the money going question.   it is covering a portion of everyone's premium, in other words, income redistribution.  It would

    So, if, as you claim, it is not going to pay for Obamacare, where is the money being raised by Obama care going? 

    You liberals simply think illogically.  MASSIVE amounts of money is being raised for Obamacare via NEW taxes.  It has become an apples and oranges comparison.

    So, where is this money being raised by taxes from Obamacare going?

    [/QUOTE]

    Which "taxes" are you babbling about??

    The medical device tax?  The non-enrollment penalty which doesn't go into effect until 2014?  The expiration of the payroll tax holiday?  That affects premiums exactly 0%.

    Listen, all insurance policy rates are based upon assessing and combining risk factors.  If more people enter the risk pool, that is not a tax, even though it IS reflected somewhat in the final premium.

    You do understand there is no public option, right?  Policies will still be underwritten and rated by private companies like they have always done.

     

     

     
  21. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

     

    No longer.  There are other factors and sources of income to consider to assess the entire cost of your care, all these new taxes, the $750 million stolen from Medicarpay you can no longer look at premiums from the past to premiums from Obama forward.  Apples and oranges.

     [/QUOTE]


    Again, you're wrong.

    I worked for years building insurance policy rating software across multiple lines of business, including health care.  That process has not changed (inasmuch as insurance companies have developed new programs/program language).

    Apples and Apples.

    You can ask pink, if you still don't believe me....

     

     

    [/QUOTE]

    Not a process or underwriting question, it is a where's the money going question.   it is covering a portion of everyone's premium, in other words, income redistribution.  It would

    So, if, as you claim, it is not going to pay for Obamacare, where is the money being raised by Obama care going? 

    You liberals simply think illogically.  MASSIVE amounts of money is being raised for Obamacare via NEW taxes.  It has become an apples and oranges comparison.

    So, where is this money being raised by taxes from Obamacare going?

    [/QUOTE]

    Which "taxes" are you babbling about??

    The medical device tax?  The non-enrollment penalty which doesn't go into effect until 2014?  The expiration of the payroll tax holiday?  That affects premiums exactly 0%.

    Listen, all insurance policy rates are based upon assessing and combining risk factors.  If more people enter the risk pool, that is not a tax, even though it IS reflected somewhat in the final premium.

    You do understand there is no public option, right?  Policies will still be underwritten and rated by private companies like they have always done.

     

     

    [/QUOTE]

     

    These taxes don't effect premiums?  Then where is the money going?

    Here are a $1 trillion of them:

    http://www.atr.org/trillion-obamacare-tax-hike-hitting-jan-a7393

    In summary:

    Medical device tax

    Flex account tax

    Surtax on investment income

    Medicare payroll tax hike

    So, where is this TRILLION going?  Do you expect me to beleive this isn't going to pay for healthcare?  If not, then WHY THE HECK ARE WE PAYING IT????

    You liberals are in deep denial.  Obamacare is making healthcare MORE expensive for all, well, except those that don't pay.  Hard to top paying $0.

     
  22. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to skeeter20's comment:
    [QUOTE]

    These taxes don't effect premiums?  Then where is the money going?


    Here are a $1 trillion of them:

    http://www.atr.org/trillion-obamacare-tax-hike-hitting-jan-a7393

    In summary:

    Medical device tax

    Flex account tax

    Surtax on investment income

    Medicare payroll tax hike

    So, where is this TRILLION going?  Do you expect me to beleive this isn't going to pay for healthcare?  If not, then WHY THE HECK ARE WE PAYING IT????

    You liberals are in deep denial.  Obamacare is making healthcare MORE expensive for all, well, except those that don't pay.  Hard to top paying $0.

    [/QUOTE]

    First, the medical device excise tax is on receipts in excess of $5M and mainly affects devices used in acute care settings.  There are several exemptions.

    While I understand that some larger medical device companies will take a hit, the influx of new enrollees into the overall insurance risk pool will mean millions of new healthcare consumers.

    There is no "flex account tax"; the maximum allowance was simply standardized and capped at $2,500.  A married couple can still contribute $2,500 each for a total of $5,000, if they choose.  Before this, employers could set the cap however they wanted.  Also now, the cap will be pegged to inflation.  (Do you contribute the max to your FSA?  Really?!?  How sick are you?)

    The income investment surtax has nothing to do with healthcare premiums, and the payroll tax cut was always intended to be temporary.

     

    I understand you don't like taxes, but you still haven't successfully argued how any of this translates into higher premiums.  Again, the rise in health care costs has slowed relative to the previous decade, in part due to increased efficiencies mandated by the ACA.

     

     
  23. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to MattyScornD's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

    These taxes don't effect premiums?  Then where is the money going?


    Here are a $1 trillion of them:

    http://www.atr.org/trillion-obamacare-tax-hike-hitting-jan-a7393

    In summary:

    Medical device tax

    Flex account tax

    Surtax on investment income

    Medicare payroll tax hike

    So, where is this TRILLION going?  Do you expect me to beleive this isn't going to pay for healthcare?  If not, then WHY THE HECK ARE WE PAYING IT????

    You liberals are in deep denial.  Obamacare is making healthcare MORE expensive for all, well, except those that don't pay.  Hard to top paying $0.

    [/QUOTE]

    First, the medical device excise tax is on receipts in excess of $5M and mainly affects devices used in acute care settings.  There are several exemptions.

    While I understand that some larger medical device companies will take a hit, the influx of new enrollees into the overall insurance risk pool will mean millions of new healthcare consumers.

    There is no "flex account tax"; the maximum allowance was simply standardized and capped at $2,500.  A married couple can still contribute $2,500 each for a total of $5,000, if they choose.  Before this, employers could set the cap however they wanted.  Also now, the cap will be pegged to inflation.  (Do you contribute the max to your FSA?  Really?!?  How sick are you?)

    The income investment surtax has nothing to do with healthcare premiums, and the payroll tax cut was always intended to be temporary.

     

    I understand you don't like taxes, but you still haven't successfully argued how any of this translates into higher premiums.  Again, the rise in health care costs has slowed relative to the previous decade, in part due to increased efficiencies mandated by the ACA.

     

    [/QUOTE]


    Not enough time to argue all your points, which sail right past my question:

    All the taxes collected i.e. the Obamacare taxes:  Where does the money go? 

    The money goes somewhere.  Tell me where, if it isn't going into subsidizing premiums.

     

    Last chance to answer this simple question you and people on the left don't want to answer.

    Look, I know I'm playing chess and you can only play checkers, but let me try this on you:

    You pay your premium. you sell your house, you take a capital gain on a stock sale, you buy a medical device, YOU HAVE PAID MORE FOR HEALTH INSURANCE.

    Just because you don't see it doesn't mean the additional cost is not there.

    Oh, BTW.  Wait until your company cans health coverage, and realize you are paying with post tax dollars in these benevolent exchanges, unless you earn under $88K a year as a family.

     
  24. You have chosen to ignore posts from miscricket. Show miscricket's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

    [/QUOTE]

    So, why am I not paying $5.75 for an aspirin?

    as far as comparing premium years.  Keep in mind that health care costs are not going down, and in fact, are going up. There are a large numbetaxes new taxes I Obamacare, a 3.8% cap gains tax, a housing sale tax, and so on.  So, comparing premiums tells you nothing, as it no longer represents the cost Of that care, only what an individual THINKS they are paying.

    [/QUOTE]


    If it makes you feel better..a hospital in Worcester tried to charge my niece almost $200 for a tube of bacitration. Makes you wonder what's being billed by providers to insurance companies..no..?

     
  25. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Slowest three-year health care spending growth in 52 years

    In response to miscricket's comment:
    [QUOTE]

    In response to skeeter20's comment:
    [QUOTE]

    In response to MattyScornD's comment:
    [QUOTE]

    Since 1978, the cost inflation of health care services has increased 575%.

    That's more than double the increase of the Consumer Price Index over the same time.

    In other words, if an aspirin cost $1 in 1978, then today it would cost $5.75 (with $2 of it attributable to the CPI).

     

    Since 1978, which is also when they were at their peak, real wages have actually decreased along with income mobility.

     

    [/QUOTE]

    So, why am I not paying $5.75 for an aspirin?

    as far as comparing premium years.  Keep in mind that health care costs are not going down, and in fact, are going up. There are a large numbetaxes new taxes I Obamacare, a 3.8% cap gains tax, a housing sale tax, and so on.  So, comparing premiums tells you nothing, as it no longer represents the cost Of that care, only what an individual THINKS they are paying.

    [/QUOTE]


    If it makes you feel better..a hospital in Worcester tried to charge my niece almost $200 for a tube of bacitration. Makes you wonder what's being billed by providers to insurance companies..no..?

    [/QUOTE]

    No. 

    Roughly speaking, it is the same reason a beer is 8 bucks in a strip joint and a dollar at a liquor store:  The other things that cause you to be in either location, they cost money.

    But, it does make me wonder where all the money being spent on Obamacare is going.  no one on the left seems to be willing to answer that question.

    Care to take a stab at it?

     

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