Who Allows These Companies to Make Such Massive Profits?
Special? Open? Medicaid? Medicare? FPL?
Sometimes it makes my head spin, this whole health insurance coverage thing. The big news today is the federal government is RE-OPENING healthcare.gov for a 90-day Special Enrollment Period (SEP), taking-all-comers, starting on Feb. 15 and ending May 15! Read more
No Reward for Loyalty | Computing Insurance Rates in an ACA Age
Mike originally wrote and published this piece in 2015. Blue Cross has gotten similar messages in the years since, so he decided to go back and see if his answer still stands. He’s added more details in this post, but the crux of his answer is the same. Read more
What’s the Secret Sauce in Setting Health Insurance Rates?
For the past five years or so, I’ve managed the bills in our household. I know many of you reading this are like me – you have some bills that are exactly the same every single month. Think about your house note or rent, car notes, maybe even your cable or internet bill. These are all about the same amount every month.
There Is a Light Coming! Can You See It?
As strange as it seems, I got bullied a lot when I was a kid.
I could hardly blame the other kids; I was a prime target for bullying. By the time I was 11, I was overweight, wore glasses and those old metal braces, and had a really bad complexion. With five kids, money was tight, and my mom, God love her, made a lot of my clothes herself. And cut my hair herself. Read more
The “Buggy Whip” Solution to Surprise Billing
Years ago, I saw a wonderful movie called “Other People’s Money.” If you haven’t seen it, I highly recommend you do, especially the monologues in the last 20 minutes of the film. Really first-class lessons in economics and capitalism encoded into a movie.
At one point in the movie, a merger and acquisition specialist (played by Danny DeVito) uses this (paraphrased) example to explain how technology changes our lives: Read more