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Yours & everyones
Posted by Bruce [Email] (more from Bruce) on Tue, 23 Feb 2010 15:08:51
In Reply to: My Health Insurance Rate-going up 29% and I, Mitch, Tue, 23 Feb 2010 13:55:27
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One of the issues insurance companies are having in this economy is "healthy" people are dropping policies or reducing coverage driving up the average claims per customer.... sounds like you may be one dropping or reducing coverage.
Perhaps one thing to look at is how big the insurance company is in your state it terms of market share (i.e. # 1 or #2)... i.e. are they large enough to have bargaining power hospitals & doctors. I can't remember which one, but one company got a lot of flak for leaving certain states and dropping "expensive" customers... the flak was for supposedly dropping sick customers, but the customers weren't expensive because they were sick, they were expensive because the company had a low market share and no real bargaining power with hospitals & doctors.
posted by 198.179.147...
Posts in this Thread:
- My Health Insurance Rate-going up 29% and I, Mitch, Tue, 23 Feb 2010 13:55:27
- Try being self-employed! A 53% increase was the hit, Noel, Thu, 25 Feb 2010 07:38:20
- Trust me, you don't want Assurant anyway (+), vvk, Thu, 25 Feb 2010 07:23:22
- High deductables and HSA, Dean, Wed, 24 Feb 2010 10:13:07
- Health Care / Insurance Reform, nwas, Wed, 24 Feb 2010 09:44:54
- so glad i have my Canadian health care, i dont worry, earthbone, Wed, 24 Feb 2010 04:34:44
- How about "Catastrophic/Major Medical" type insurance?, Old900, Tue, 23 Feb 2010 20:23:01
- Good luck shopping around, Bill Homer , Tue, 23 Feb 2010 16:02:57
- Re: My Health Insurance Rate-going up 29% and I, swede-murphy , Tue, 23 Feb 2010 15:37:57
- Yours & everyones, Bruce, Tue, 23 Feb 2010 15:08:51 <-- Viewing This Message
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