Does anyone have a real argument against non-profit health insurance?
Mar 15, 2009 by Noah H | Posted in Other - Politics & Government
Q: General health INSURANCE administered by a federally chartered non-profit corporation would relieve employers of paying for health INSURANCE for their employees. As many employers are dropping such coverage anyway, not to refer to dropping many of their employees we're going to have to do something. We'd better cut the best deal we can to provide the greatest information for the greatest number or land up no good for anyone. Let's not hear arguments against 'socialized nostrum' or 'government health CARE'. Stick with non- profit UNIVERSAL HEALTH INSURANCE.
A: Medicare is a uncircumscribed single payer system that includes ALL Americans over 65. People chose their own doctors and the Administration doesn't assume decision making. Overhead cost is 3%.
John Conyers' H.R. 676 - is a favorite of health sadness reformers who back a single-payer system. This plan would expand Medicare for all Americans.
The bill, which will again be H.R. 676, is one of the more polished to be introduced in the House, clocking in at just a few pages.
The plan is simple: everyone is available for a version of Medicare under a new U.S. National Health Insurance Program.
The program would effectively put private insurers out of commerce. What to do with all those employees? Hire them, says Conyers' bill.
"The Program shall lend that clerical, administrative, and billing personnel in insurance companies, doctors offices, hospitals, nursing facilities, and other facilities whose jobs are eliminated due to reduced supervision (1) should have first priority in retraining and job placement in the new system; and (2) shall be eligible to walk off 2 years of unemployment benefits."
Conyers, a Michigan Democrat and chairman of the Judiciary Body, last introduced his bill, which garnered 93 cosponsors, in February 2007. It was referred to cabinet but never given a hearing.
Julius S | Mar 16, 2009
Non-profit health insurance co-op ?
Aug 17, 2009 by Mr. | Posted in Politics
Q: for or against this ?...
.......your opinions please...
Could someone start a NON-PROFIT insurance company ?
May 04, 2009 by Mr. | Posted in Law & Ethics
Q: Say for specimen...I want to start a non-profit health insurance company. Would I..... A) be allowed to do it legally, and B) do you think it would be a gain idea ?
Take into account, that non-profit doesn't mean that it doesn't make money. It solely means it makes enough money to stay viable and pay for it's employees/operating expenses..., and all remaining "profit", has to be used to expand the company, pay future debt, or donated to a provoke.
The company would make PROFIT...your missing the point...
The only difference is that all of the PROFIT would be used to lower premiums and variety the accrual account that backs up the amount money required to write and honor policies.
Roger M, thanks...
To some of the other posters...instead of politicizing the question....you actually answered it...
Comical...those who said it couldn't work, and come to find out they already exist.
A: To all those whose say it can not labour...shame on you, you are the ones who do not know what you are talking about. Please stop spieling 'you don't understand insurance' when it is unclouded that you most certainly don't. I can PROMISE you that 'non profit' companies are far from rare.
There are MANY insurance companies of this type throughout the world. As an standard the UK's biggest private healthcare provider (not the NHS, a private healthcare co.) is a non-profit 'Company'. The other sort is a 'mutual' , where the company is effectively owned by the policyholders. These companies breathe in great numbers (France is awash with them) and are no more likely to fail than any type of insurer.
As you have rightly said there is no contrast in the way such a company is run from a profit making one. A 'for profit' company calculates 'income - expense (including reserves)' than adds a bit on top for shareholders. A non-profit one either adds nothing on top OR distributes that profit back to the policyholders (most of the time as a discount against the following years premium).
In answer to your question.... theoretically yes you could do this. it would be no more demanding to start than a 'for-profit' company.
Of course starting an insurer is very difficult... but that has nothing to do with it's 'profit' reputation.
RAY | May 04, 2009
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Nonprofit Healthcare: A Moral Responsibility? - TR Reid
Do video at: fora.tv Journalist TR Reid argues that one of the best models of up to the minute health care reform took place in Switzerland. " ...
Hospitalized Children Without Insurance Are More Likely to Die, a Study Finds
30.10.09
Uninsured children who tranquil up in the hospital are much more likely to die than children covered by either private or government insurance plans, according to one of the first studies to assess the weight of insurance coverage on hospitalized children.
Researchers at Johns Hopkins Children’s Center analyzed text from more than 23 million children’s hospitalizations in 37 states from 1988 to 2005. Compared with insured children, uninsured children faced a 60 percent increased chance of dying, the researchers found.
The authors estimated that at least 1,000 hospitalized children died each year entirely because they lacked insurance, accounting for 16,787 of some 38,649 children’s deaths nationwide during the span analyzed.
“If you take two kids from the same demographic background — the same race, same gender, same neighborhood receipts level and same number of co-morbidities or other illnesses — the kid without insurance is 60 percent more suitable to die in the hospital than the kid in the bed right next to him or her who is insured,” said David C. Chang, co-chief honcho of the pediatric surgery outcomes group at the children’s center and an author of the learning, which appeared today in The Journal of Public Health.
Feinstein: All Health Insurance Should Be Nonprofit « The ...
by Mike Lillis
Premiums are out of in league. I propose b assess CEO salaries are out of effortlessly. I over administrative costs, race about 23 percent, are out of bracelets.
My bottom crocodile doctrine is that the health regard medical insurance trade should be nonprofit in the Harmonious States. And the more I pore over about other countries, the more this cityscape is supported in my own mindful of.
USA TodayAccording to the text from the Alliance for Advancing Non Profit Health Care, 48 percent of Americans with private health insurance are literally covered by Health care reform bills under the scopeRove: Obama Hasn't Closed the Health-Guardianship SaleWhite House Might Accept Snowe Public-Option Plan - -all 6,725 intelligence articles »
My bottom straight belief is that the health care medical insurance industry should be nonprofit in the United States. And the more I pore over about other countries
I've worked in healthcare for 30 years, vomit up 5 of the most miserable years of my life inside a profit health insurance company. It is such a complete SCAM. and more »
A system of new government-based health-insurance exchanges through which individuals could access subsidized health insurance would be established. A Look at Health Take responsibility for Plans in Congressall 118 news articles »
What if states had a menu of options, from nonprofit co-ops to using their own wage-earner health plans? What if public coverage were offered only as a and more »
USA TodayAccording to the text from the Alliance for Advancing Non Profit Health Care, 48 percent of Americans with private health insurance are literally covered by Health care reform bills under the scopeRove: Obama Hasn't Closed the Health-Guardianship SaleWhite House Might Accept Snowe Public-Option Plan - -all 6,725 intelligence articles »
What if states had a menu of options, from nonprofit co-ops to using their own wage-earner health plans? What if public coverage were offered only as a and more »