OT: Anyone hear the NPR interview about the person getting dependant care coverage from parents

[Coronita]

[quote=afx114]Theoretically, bringing more young into the system should drive down costs for everybody. The young don’t use insurance as much as the old, so if there are more under-25s buying into the system (on their parent’s account), there are more people putting money into the insurance pool than without this new provision. Theoretically, I said. Because whether or not the insurance companies pass on these savings to all of us remains to be seen. My guess is that it won’t happen unless regulations require it. But that would be tyranny, right?[/quote]

Hmmm. I’m just wondering though..If that’s the case, why did comapany insurances then explicitly limit dependent care coverage. IF bringing more people into a system actually reduces cost overall, it seems like companies should encourage people to sign up more dependent care folks, which clearly isn’t the case…

My understanding of how this works is the following. The “premium” one pays at a company is just a fraction of the cost of the insurance payments to ensure that person. The other part which is the larger of the two are is the 75%+ portion comping from the company itself. So doesn’t insuring one more person, just cost the company providing the insurance more…If so, do companies really just eat the cost or does it really just pass the cost on down to everyone else with higher premiums? (I think it’s the later, judging by all the letters I’m getting from our benefits office)…

[TenaciousSD]

[quote=desmond]I just went through this with my son. He graduated from college in May and as I said in a previous topic has a job which does pay his health insurance. So we dropped him from our coverage, and to my shock, their was no difference in our price. A friend of mines son also just graduated, his son has a job that does not pay his insurance, my friend is able to keep his son on his policy but only through COBRA and that is very expensive. I think the only was to stay on the policy is if you are a full or part time student and under 25 or 26. I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

100% agree with this – I’d much rather pay ~$200+ per month for my kid to be covered. Although, don’t get me started on kids who are uninsured and pay that much for HD Cable + unlimited text / data cell phone plans!

[TenaciousSD]

[quote=desmond]I just went through this with my son. He graduated from college in May and as I said in a previous topic has a job which does pay his health insurance. So we dropped him from our coverage, and to my shock, their was no difference in our price. A friend of mines son also just graduated, his son has a job that does not pay his insurance, my friend is able to keep his son on his policy but only through COBRA and that is very expensive. I think the only was to stay on the policy is if you are a full or part time student and under 25 or 26. I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

100% agree with this – I’d much rather pay ~$200+ per month for my kid to be covered. Although, don’t get me started on kids who are uninsured and pay that much for HD Cable + unlimited text / data cell phone plans!

[TenaciousSD]

[quote=desmond]I just went through this with my son. He graduated from college in May and as I said in a previous topic has a job which does pay his health insurance. So we dropped him from our coverage, and to my shock, their was no difference in our price. A friend of mines son also just graduated, his son has a job that does not pay his insurance, my friend is able to keep his son on his policy but only through COBRA and that is very expensive. I think the only was to stay on the policy is if you are a full or part time student and under 25 or 26. I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

100% agree with this – I’d much rather pay ~$200+ per month for my kid to be covered. Although, don’t get me started on kids who are uninsured and pay that much for HD Cable + unlimited text / data cell phone plans!

[TenaciousSD]

[quote=desmond]I just went through this with my son. He graduated from college in May and as I said in a previous topic has a job which does pay his health insurance. So we dropped him from our coverage, and to my shock, their was no difference in our price. A friend of mines son also just graduated, his son has a job that does not pay his insurance, my friend is able to keep his son on his policy but only through COBRA and that is very expensive. I think the only was to stay on the policy is if you are a full or part time student and under 25 or 26. I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

100% agree with this – I’d much rather pay ~$200+ per month for my kid to be covered. Although, don’t get me started on kids who are uninsured and pay that much for HD Cable + unlimited text / data cell phone plans!

[TenaciousSD]

[quote=desmond]I just went through this with my son. He graduated from college in May and as I said in a previous topic has a job which does pay his health insurance. So we dropped him from our coverage, and to my shock, their was no difference in our price. A friend of mines son also just graduated, his son has a job that does not pay his insurance, my friend is able to keep his son on his policy but only through COBRA and that is very expensive. I think the only was to stay on the policy is if you are a full or part time student and under 25 or 26. I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

100% agree with this – I’d much rather pay ~$200+ per month for my kid to be covered. Although, don’t get me started on kids who are uninsured and pay that much for HD Cable + unlimited text / data cell phone plans!

[Coronita]

[quote=briansd1][quote=desmond]I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

Very good point.

With the kids insured, the premiums are being paid by the employers, the parents, or a combination of the two.

So as afx said, premiums are being contributed to the system which should in theory decrease costs (since young folks are healthy and don’t us much insurance).[/quote]

Yes but overall someone is paying for this. Mostly the company is footing this bill? If so, won’t doesn’t it just drive up cost for them? How do they make up for the difference? I doubt they will just simply eat the cost more likely cut elsewhere.

[Coronita]

[quote=briansd1][quote=desmond]I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

Very good point.

With the kids insured, the premiums are being paid by the employers, the parents, or a combination of the two.

So as afx said, premiums are being contributed to the system which should in theory decrease costs (since young folks are healthy and don’t us much insurance).[/quote]

Yes but overall someone is paying for this. Mostly the company is footing this bill? If so, won’t doesn’t it just drive up cost for them? How do they make up for the difference? I doubt they will just simply eat the cost more likely cut elsewhere.

[Coronita]

[quote=briansd1][quote=desmond]I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

Very good point.

With the kids insured, the premiums are being paid by the employers, the parents, or a combination of the two.

So as afx said, premiums are being contributed to the system which should in theory decrease costs (since young folks are healthy and don’t us much insurance).[/quote]

Yes but overall someone is paying for this. Mostly the company is footing this bill? If so, won’t doesn’t it just drive up cost for them? How do they make up for the difference? I doubt they will just simply eat the cost more likely cut elsewhere.

[Coronita]

[quote=briansd1][quote=desmond]I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

Very good point.

With the kids insured, the premiums are being paid by the employers, the parents, or a combination of the two.

So as afx said, premiums are being contributed to the system which should in theory decrease costs (since young folks are healthy and don’t us much insurance).[/quote]

Yes but overall someone is paying for this. Mostly the company is footing this bill? If so, won’t doesn’t it just drive up cost for them? How do they make up for the difference? I doubt they will just simply eat the cost more likely cut elsewhere.

[Coronita]

[quote=briansd1][quote=desmond]I think instead of blaming the kids as the entitled ones, I think of it as the parents protecting themselves from a large medical bill if the kid has no insurance. Because if they don’t have insurance and the kid has no money, who do you think will pay?[/quote]

Very good point.

With the kids insured, the premiums are being paid by the employers, the parents, or a combination of the two.

So as afx said, premiums are being contributed to the system which should in theory decrease costs (since young folks are healthy and don’t us much insurance).[/quote]

Yes but overall someone is paying for this. Mostly the company is footing this bill? If so, won’t doesn’t it just drive up cost for them? How do they make up for the difference? I doubt they will just simply eat the cost more likely cut elsewhere.

[(former)FormerSanDiegan]

[quote=briansd1]
I always felt that married employees with kids were getting unfair benefits. They are getting benefits that cost more than for single employees. Employees with multiple kids are getting more benefits.

I think that employer health care contribution should be the same amount for single or married employees. Anything over and above an amount should be picked up by the employee.

[/quote]

Great idea. When you start a company you should make this your policy.

[(former)FormerSanDiegan]

[quote=briansd1]
I always felt that married employees with kids were getting unfair benefits. They are getting benefits that cost more than for single employees. Employees with multiple kids are getting more benefits.

I think that employer health care contribution should be the same amount for single or married employees. Anything over and above an amount should be picked up by the employee.

[/quote]

Great idea. When you start a company you should make this your policy.

[(former)FormerSanDiegan]

[quote=briansd1]
I always felt that married employees with kids were getting unfair benefits. They are getting benefits that cost more than for single employees. Employees with multiple kids are getting more benefits.

I think that employer health care contribution should be the same amount for single or married employees. Anything over and above an amount should be picked up by the employee.

[/quote]

Great idea. When you start a company you should make this your policy.

[(former)FormerSanDiegan]

[quote=briansd1]
I always felt that married employees with kids were getting unfair benefits. They are getting benefits that cost more than for single employees. Employees with multiple kids are getting more benefits.

I think that employer health care contribution should be the same amount for single or married employees. Anything over and above an amount should be picked up by the employee.

[/quote]

Great idea. When you start a company you should make this your policy.

[Author]

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