Quote Originally Posted by know1 View Post
Yep. The cost of my wife's insurance through my work's plan is higher than it costs us to just get a private insurance policy for her.

That being said, I maintain that the insurance industry itself is the reason rates are so high.

We are in essence paying someone to pay for our healthcare for us. Why can't we do it ourselves and cut out the middleman. The insurance industry is making a profit and paying salaries out of our money before they use our money to pay for our healthcare.

I think we should go to catastrophic health insurance only and let the consumers find the rates they want to pay for the actual care.
Do you know how much ADMINISTRATIVE costs are associated with most health care companies.....I KNOW.......

To say insurance is the problem is simply WRONG........and who do you think will run a government system, or the "public option". Since GUBMENT can't do anything right, how do you think they will do administering health care....

I bet you didnt' know that there are FEDERAL MANDATES as to how much an insurance company MUST pay out.....There is very little left for overhead.....and what is saved between overhead and costs, are taken as profits.......

If you really want to get creative, NON-PROFIT insurance companies "should" be the BEST of the BEST, but they have the worse ASO costs, the WORSE administrative costs, the WORSE performance, and the WORSE customer satisfaction in the industry........