• In the Spotlight:
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

What do you think about making health insurance companies non-profit?

I know a number of them already are but do you think it's feasable?

Do you think it would reduce healthcare costs?

I like it in theory but am not sure how we could apply it or if it would help.

Answer Question
 
Friday

Asked by Friday at 3:27 PM on Jul. 4, 2009 in Politics & Current Events

Level 19 (7,317 Credits)
Answers (30)
  • yes they should be non-profit. i think it would help with the cost. Look at the differnce between banks- heavily into profits and failing fast and credit unions that are non profit and investing wisely
    mamak57

    Answer by mamak57 at 3:33 PM on Jul. 4, 2009

  • NON PROFIT?? Why don't you go to work for free see how long you stay.
    Carpy

    Answer by Carpy at 3:34 PM on Jul. 4, 2009

  • I think if they can guarantee everyone insurance at a tseriously reduced cost it would be GREAT. We are paying $140/month JUST for DH and DD. I got bit by my cat last night(he was dieing and freaked out)and now I really should go to the DR to get antibiotics, but, no insurance so who knows what will happen.
    Little_bug

    Answer by Little_bug at 3:44 PM on Jul. 4, 2009

  • Carpy, there are a number of ins companies that are already non-profit. Their employees still get paid.

    Friday

    Answer by Friday at 3:47 PM on Jul. 4, 2009

  • Little_bug $140 a month for your dh and dd is cheap. When I worked for a health ins co I paid over $600 a month for me, dh and ds.

    Friday

    Answer by Friday at 3:49 PM on Jul. 4, 2009

  • Non-profit does not mean not paid. Yes I think health care insurance should be non-profit. I think the reform should be all healthcare is government controlled.
    Seven07

    Answer by Seven07 at 3:54 PM on Jul. 4, 2009

  • Seriously, Little_bug, $140 for two people is incredibly cheap. Our family of 4 pays $450 a month, and we have a 10K deductible. When I was working, my company paid $800+ a month for my family's health care.
    mancosmomma

    Answer by mancosmomma at 3:56 PM on Jul. 4, 2009

  • Seriously, how do you force for-profit companies to become non-profit? What about the stockholders? Should they just bend over?

    Sounds good, but the implementation; not so much.
    mancosmomma

    Answer by mancosmomma at 3:58 PM on Jul. 4, 2009

  • I think the BEST way to lower health costs is to reduce the number of frivolous lawsuits. If something is a known risk of a procedure, they tell you- why should you be able to sue? Now, if they amputate the wrong leg, that's different.

    Also, give companies incentives to lower costs- yes, the good old republican tax break. Incentives for making drugs affordable, and incentives for docs to provide care to the poor and needy. . . You know that half a million dollar education, you can pay it off in cash plus interest, or you can work it off at a HIGHER paid rate for the needy. 1 8 hour shift a week. If you continue, you can get a nice chunk off your taxes.

    In other words, encourage charity, not federal control.
    lovinangels

    Answer by lovinangels at 4:06 PM on Jul. 4, 2009

  • Sounds good, but the implementation; not so much.


    That's what I thought. Not too sure how we could apply it.

    Friday

    Answer by Friday at 4:21 PM on Jul. 4, 2009

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.