Comments on: Millions Lose Jobs – And Health Insurance http://dailydose.righthealth.com/health-care/millions-lose-jobs-and-health-insurance/ We feature the one health item you simply cannot afford to miss. Tue, 16 Mar 2010 23:14:09 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Norio Yamada http://dailydose.righthealth.com/health-care/millions-lose-jobs-and-health-insurance/comment-page-1/#comment-496 Norio Yamada Fri, 13 Feb 2009 00:33:31 +0000 http://dailydose.kosmix.com/?p=1230#comment-496 What is America without good health to enjoy. Yet the Government wants to help the corporations and excutives that had many many chances to do the right moral thing and I guess greed or whatever the ordinary working class in America are Not only losing health care but their homes. These Americans need assistance now and not a handout. It just turns my stomach to see these well to do execs still seeking bailout They failed and they should give the reins to someone with some morals What is America without good health to enjoy. Yet the Government
wants to help the corporations and excutives that had many many
chances to do the right moral thing and I guess greed or whatever the ordinary working class in America are Not only losing
health care but their homes. These Americans need assistance now
and not a handout. It just turns my stomach to see these well
to do execs still seeking bailout They failed and they should give the reins to someone with some morals

]]> By: tramky http://dailydose.righthealth.com/health-care/millions-lose-jobs-and-health-insurance/comment-page-1/#comment-497 tramky Thu, 12 Feb 2009 15:52:36 +0000 http://dailydose.kosmix.com/?p=1230#comment-497 The tight connection between AFFORDABLE health insurance and employment MUST be broken. But the underlying issue is that health insurance is NOT affordable. When you remove the portion of the total cost for health insurance that an employer pays in group health plans, you end up with COBRA, which is that absurd 'backstop' plan that permits people who lose their jobs to continue their current health plan--except that the ex-employee must pay the entire cost plus what amounts to a service fee. What is absurd about this scheme, of course, is that just when you lost your job and your income, you have to pay double or triple or quadruple what you were paying for the health plan before you lost the job. A recipe for quick bankruptcy & destitution. This happened to me several years ago, and when I lost my job, I decided to go with COBRA for awhile. My premium went from about $250 for family coverage to about $1,000, nearly twice what our mortgage payment was as the time!l I did that for a few months, drained too much money from our savings, and eventually dropped it when we had zero medical needs and costs in that period. A $12,000 annual drain on our savings was untenable and would have led us quickly to bankruptcy & destitution. The tight connection between AFFORDABLE health insurance and employment MUST be broken. But the underlying issue is that health insurance is NOT affordable. When you remove the portion of the total cost for health insurance that an employer pays in group health plans, you end up with COBRA, which is that absurd ‘backstop’ plan that permits people who lose their jobs to continue their current health plan–except that the ex-employee must pay the entire cost plus what amounts to a service fee.

What is absurd about this scheme, of course, is that just when you lost your job and your income, you have to pay double or triple or quadruple what you were paying for the health plan before you lost the job. A recipe for quick bankruptcy & destitution.

This happened to me several years ago, and when I lost my job, I decided to go with COBRA for awhile. My premium went from about $250 for family coverage to about $1,000, nearly twice what our mortgage payment was as the time!l I did that for a few months, drained too much money from our savings, and eventually dropped it when we had zero medical needs and costs in that period. A $12,000 annual drain on our savings was untenable and would have led us quickly to bankruptcy & destitution.

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