Did you sleep through US gilded age history?
Several companies have achieved monopolies through US history. Bell Telecommunications and Standard Oil immediately come to mind.
Insurance and IVF
- Thread starter simply1
- Start date
Several companies have achieved monopolies through US history. Bell Telecommunications and Standard Oil immediately come to mind.
There’s always a chance you can get diabetes, somewhat common with older people. Always a chance that a medical condition can happen to you. If I choose to not cover IVF because I don’t want to have kids, when would my life be at risk from not having that covered?
This is basically saying "F you, I got mine." You already had kids, as per your earlier post. Other people, who hasn't had kids, has already helped pay into the same insurance you used. I doubt you told the insurance company "no, no. I'll pay MORE because it was my choice to have kids".
It’s the same situation if you take your work coverage, you have one company to deal with.
and my individual plan is much
cheaper than what it would be under Medicare.
Interesting that a few guys with no real skin in this game are hell bent on derailing the entire thread with their petty little pissing contest.
You telling me that the insurance company lied to me when they said my plan then and currently does not cover any fertility treatment? So, yes, I opted out many years ago.
Microsoft basically saved Apple from bankruptcy because it was the only thing keeping them from total monopoly in the mid to late 90s. It was a no brainer for them because at the time it was only token competition anyway.
Computer OS in the 90s was a pretty big thing to dominate so thoroughly.
Not IVF, but my previous employer gave us $10K to help us adopt our daughter from China. Which helped a lot as it was just over $40k by the time it was all said and done. We already had 3 biological boys and I wanted a daughter. We thought adoption would be a great experience and we couldn't be happier. Our daughter was born very ill and will eventually need a liver transplant. Once we saw her we knew we had to get her the medical help she needed.
No, I'm telling you that insurance helped with some of your costs when you had kids earlier and there definitely was people who paid into the same insurance plan that didn't have kids. So I doubt you called up your insurance company and told them that you want to pay extra because you don't want those childless people helping pay for your coverage.
Adoption is ridiculously expensive. That cost is roughly what I’ve heard from people I know and it didn’t matter if state side or foreign.
A common trend stateside is open adoptions, so the biological parents can still be active in the child’s life. I know that can create some conflict at times.
Lots of employers are doing that now, which is awesome. Every little bit helps.
Adoption benefits I could have included as well, good story.
My plan doesn’t cover births, I opted out. My wife chose a plan that covered birth. We chose to have kids and we chose to have her plan that covered it. So yes, some people paid in that didn’t have kids most likely. I don’t know who all chose insurance the same as my wife and who all had kids but would assume there were some.
Nope, she is still paying into that plan even though she isn't going to give birth. She has paid more into insurance than any of the births combined ever cost. So we haven't been a drain on anyone. Me and the 3 kids have only ever hit our deductible 2 or 3 times in the 20+ years of the plan. Our plan is a 3500 deductible that we cover 100% of everything up to that. So we haven't been a drain on our side either. So both our plans have subsidized others in the same pools.
So, explain how we are saying F you when we picked a plan that covered those areas?
This is a chart of government spending on healthcare. Medicare and Medicaid were passed in 1965, so yeah, government spending on healthcare is naturally going to increase as a result.
More pertinent to the discussion is the fact that the US spends far more on healthcare (public and private spending combined) than other wealthy nations, with worse outcomes. The major culprits are prescription drug prices and administrative costs, not that we cover too many conditions.
Because other people who chose not to have kids paid into the same insurance plan and you benefitted from it. IVF shouldn't be decoupled from birth coverage. By you complaining that you are helping pay for people to have children, and wanting to opt out, you are essentially saying "why should I help these people when I already received the same help?"
Cyclonepride
Thought Police
What do you suppose happens in a market when you massively increase spending (by any participant)?
