Random Image

In a tunnel under Chesapeake Bay

In a tunnel under Chesapeake Bay

Subscribe

Where am I?

Video: Why is Health Insurance So Expensive

Insurance

I noticed over on the Actuarial Outpost that TheAnonymousActuary has posted to YouTube a 10 minute tutorial on why health insurance is so expensive.

Note that the video focuses on the current components of loss cost, a much narrower focus than my ramblings about the cost of health care in general…but I do have a [...]

Health Insurance Trade Association Responds to PWC Study Reaction

Health

I’ve gotten behind in my reading pile again, and am now playing catch-up

One of the more interesting pieces in my pile is this column which appeared in Tuesday’s Washington Post, in which Karen Ignani, president of the health insurance trade group, America’s Health Insurance Plans, defended the much-maligned study. (My prior posts on the study: [...]

On The Existence of “Death Panels”

Health

This morning, I came across this post at RedState, highlighting the following video clip as support to the notion that “Death Panels” allegedly proposed in health insurance reform proposals are real:

Now, I haven’t previously written much about the “death panel” fuss largely because it’s evolved from someone misinterpreting one proposed “soft benefit” (covering discussions [...]

The New Yorker on Health Care Costs

Health

For those of you who are interested in the topic, the New Yorker has a fascinating article this week exploring health care costs.

A quick taste of the thesis:

When you look across the spectrum from Grand Junction to McAllen—and the almost threefold difference in the costs of care—you come to realize that we are witnessing [...]

Massachusetts Mandatory Health Insurance Scheme Faces The Reality of Cost

Insurance

With public debate starting to ramp up on the expected Federal push to do “something” about health care, this article in the New York Times seems timely:

Three years ago, Massachusetts enacted perhaps the boldest state health care experiment in American history, bringing near-universal coverage to the commonwealth with Paul Revere speed.

To make it happen, [...]

What’s Individual Health Insurance?

Insurance

Via InsureBlog, I came across this disturbing press release from Aetna:

As hundreds of thousands of individuals lose their jobs each month and the unemployment rate rises to 8.1 percent, one of the primary issues facing laid off workers and their families is what to do about health benefits. According to a recent  survey from Aetna [...]

Chop Suey for a Friday

Insurance

I’ve been busy and have once again accumulated a pile of articles worth mentioning without having the time to go into much detail.

Business Insurance has an article summarizing a recent Hewitt study, reporting that 19% of all employers are planning to eliminate employee health benefits over the next 3-5 years.  It’s not clear from the [...]

Conditions at the ER as a Driver in Healthcare Reform Discussion?

Insurance

A recent New York Times article entitled “The Uninsured Overwhelm Emergency Rooms” has fueled some comments on a few blogs that I follow (Insurance Claims and Issues, for example), and I want to chime in with my 2¢ worth.

The article reminds us that American hospital emergency rooms serve two functions.  Their primary mission is, of [...]

PETA Chimes in On Health Insurance Ratemaking

Health

Um…OK. 

Seen at  WPTZ:

People for the Ethical Treatment of Animals is calling on Blue Cross Blue Shield of Vermont to raise health insurance premiums for people who eat meat, and lower the premiums for vegetarians.[…]

But it doesn’t appear that Blue Cross will be taking PETA’s suggestion any time soon.

"Under Vermont law, we would not [...]

Cape Codders Want Something Other Than a Pony From Their Leaders

Medicare

Throughout the last few months of the campaign, I think a few folks (myself included) have felt like some Obama supporters were promising voters everything if Obama got elected.  In other words, everybody gets a pony!

Well, I think a few folks out on Cape Cod have cast their vote for what they might want in [...]