Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (649484)	3/29/2012 2:55:49 PM
From: TimF	1 Recommendation Respond to of 1575659

Insuring 98% isn't 98% success. Success is lowering the cost for health care and health insurance, without lowering quality. --- “There was a significant increase in premium costs paid by workers, reflecting Massachusetts decision to put off efforts to address lowering health care costs in the 2006 legislation,’’ according Health Affairs, the journal that published an article based on the survey on its website today. ... At the same time, health care costs were an important issue for many families in Massachusetts in fall 2010. About half adults surveyed reported their family was spending more on health care in 2010 than in the prior year and a quarter were not confident in their ability to afford care in the coming year, the survey found. articles.boston.com Massachusetts has the most expensive care in the US — by A LOT. Average US family cost = $13,027. Average MA family cost = $14,723. That’s a whopping 13% more expensive than the average. From 2003 to 2009 average premium increase in the US was 34% for single employees and 41% for families. In MA the increase was 51% for singles and 49% for families. 20-50% faster than the US average… so much for Obamacare controlling costs. For small companies (under 50 employees), the average single/family premium in 2009 was $4,652/$12,041. In MA it was $5,250 (12.9% higher than US) and $14,203 (18.0% higher than the US). bbibenefits.com The expensive Massachusetts plan is not well-designed to systematically improve anyone's health. Instead, it's a superficial effort to clear the uninsured from the books and then clumsily limit further costs by discouraging care. slate.com