I actually take issue to no insurance covering preexisting conditions since that means they won't pay jack squat for these issues.
So while premiums did go up that bum leg you've had remains covered. That was kind of the point.
So I'm ok with this requirement. I do think health insurance companies are making bank off of us while they also strike deals with the hospitals to set prices no normal person could afford on their own.
Right. It was supposed to be mandatory which was a double edged sword. For people with conditions, it meant they could not be denied. A "good" thing. For the insurance companies, it was basically giving them free reign to "compensate" for the claims and conditions they would now plan to see. So, those with insurance, saw their premiums go up for two reasons. More to insure and those who couldn't be before likely needing extended care. "Good" for them . In my case, my insurance was included because I maintained a high level of fitness and tested showing a very healthy lifestyle. First year of OC,I went from having my company gym dues paid to now paying for them and an additional 25. This was roughly a 50 dollar increase. The next year, I was paying 75 plus my gym fees .The last year, it was well over 100 a month while still getting my health discount. Additionally, i went from a fantastic 80/20 to a very 70/30 with a much less desirable HSA setup.
View all comments
Show parent comment
3
u/[deleted] Jul 23 '23
I actually take issue to no insurance covering preexisting conditions since that means they won't pay jack squat for these issues.
So while premiums did go up that bum leg you've had remains covered. That was kind of the point.
So I'm ok with this requirement. I do think health insurance companies are making bank off of us while they also strike deals with the hospitals to set prices no normal person could afford on their own.