In response to:

Risky Business

1647 Wrote: Aug 28, 2012 8:32 AM
So checkups aren't about risk. Another component of risk is risk prevention. Which lowers the overall cost, to the insurance company. The insurance companies have been doing this long before this administration.
samplin Wrote: Aug 28, 2012 8:56 AM
The annual checkup is about risk prevention, to a point. That my blood pressure is elevated and treated prevents the risk of a stroke. However, no annual checkup prevented the risk my emergency surgeries for a ruptured appendix or a hot gall bladder. Likewise the hip replacement done to allow me to walk and stand for longer than 30 seconds. My spouse has all of his organs and original joints. Thus the risk for him is still there.

Before all of this insurance, we paid cash / check for the visit to the doctor who generally had a nurse / receptionist. Now the office has a small army of clerical help to manage the insurance paperwork. Those salaries drive up costs.
skywalker58 Wrote: Aug 28, 2012 9:38 AM
My father, who is now retired was a general surgeon in a small town. Toward the end of his career, his office hired three people who did nothing but process insurance forms and work on collections. It was costing him and his partner $30,000 PER MONTH for office staff. You do the math. He wanted to just slow down, rather than retire, but he could not afford to because it still cost him that amount whether he saw 10 patients a day or 50. He has to maintain a certain number of patients just to break even. That cost does not count his malpractice insurance (I believe that was about $60,000 per year, but may have been $100,000).
m90 Wrote: Aug 28, 2012 8:43 AM
When yo umake something "free" people will overuse it. Emploers who offered "free" medical visits soon discovered employees overused medical srrvices and ran up costs. Got a hangover? The company doctor was "free"? Kid skined his knee? The company doctor was "free". Nothing is free. Somebody pays. Sandra Fluck thnks $9 a month for birth control pills is a burden. She wants themn to be "free". She wants YOU to pay for them.

Insurance is all about risk. Yet neither insurance companies nor their policy-holders can do anything about one of the biggest risks -- namely, interference by politicians, to turn insurance into something other than a device to deal with risk.

By passing laws to force insurance companies to cover things that have nothing to do with risk, politicians force up the cost of insurance.

Annual checkups, for example, are known in advance to take place once a year. Foreseeable events are not a risk. Annual checkups are no cheaper when they are covered by an insurance policy. On...