by Guest » Tue Jan 20, 2009 11:23 am
My health insurance is through my employer but I'm seriously considering canceling health insurance since their rates are way to high. Can i cancel my health insurance anytime I need? or, there isn't anyway out of it? :(
Posted: Fri Mar 06, 2009 05:52 am Post Subject: canceling health insurance
J maybe you can talk to an insurance agent. Decide why you need the health insurance coverage and how much you are willing to spend on health insurance. But remember do not under insure yourself. Ask the agent to give you a suitable policy that fits your budget. I'd suggest on not cancelling employer health plan yet. Compare what both the policies offer and then take your decision.
I completely agree with Juanita when she says
Further, if you are between jobs and choose to continue with the existing coverage, the cost of the entire plan would come to you which can double the premium rate on the policy.
Keep all this in mind before you cancel your policy.
Posted: Wed Mar 03, 2010 10:47 pm Post Subject: HOW DO I CANCEL MY KMART HEALTH INSURANCE
I WORK AT KMART AND HAVE PICKED UP BLUE CROSS AND BLUE SHIELD AT A BETTER PRICE.
BUT KMART WONT LET ME CANCEL MY COVERAGE AND THEY TAKE OUT $68 DOLLARS EVERY TWO WEEKS FROM MY PAYROLL CHECK. THEY SAY I HAVE TO KEEP IT TILL OCT 2010.
HOW CAN I CANCEL THIS UNSURANCE OR STOP THEM FROM TAKING THIS MONEY OUT OF MY PAYROLL WITH OUT QUITING MY JOB. SO I DONT HAVE TO PAY FOR TWO INSURANCE COMPANIES?
Posted: Fri Jul 30, 2010 12:12 am Post Subject: independant plans are always cheaper
If you are fairly Healthy invidual health care is ALWAYS Cheaper. Group insurance agents dont want you to know that. Group insurance is NOT a group discount. It goes by the health of the Group and it is a guranteed product, Meaning you get coverage NO MATTER WHAT your health issues. So, if you were going to give someone insurance with out ever looking at thier history you have to charge them higher rates to cut your risk.
4 family members paid 1600 in health insurance when they went to go get indivdual insurance it cost only 400 dollars.
Group is never cheaper. IF for any reason you get turned down try another company, Also each state has to have by law, insurance for those who have health issues. Again, it is cheaper than most group plans.
This has been the law for years.
No one takes the time to do the research and they listen to peopel around them with alternative motives or those who just have an opinon and dont know!!!
Posted: Fri Jul 30, 2010 09:06 pm Post Subject:
Check out a private individual insurance policy.
Posted: Thu Jan 06, 2011 04:45 pm Post Subject: can i cancel health insurance with employer
I had enrolled through my employers group health plan and was told that now i would have to pay a portion when previously I had not. Which I said fine, but wanted to find out how much. I was finally answered five days after the insurance became active and now want to cancel it and am being told that I can not unless I have a change in status. Only five days have passed from when the active date has been in effect. I have not even received any document or even id cards regarding my new insurance. What can I do?
Posted: Thu Jan 06, 2011 04:53 pm Post Subject:
Anyone familar with Hippa laws Here is the scenrio Employee informed that thier health insurance was cancelled because they had 1 week in each of the 2 months prior that they did not make 30hrs week required to be eligible for health insurance however employee had enough PTO hours to cover shortage never recieved warning either verbal or written just simple verbal statement after the fact
Posted: Mon Feb 07, 2011 11:13 am Post Subject: insanly expensive
I have group ins thru my employer. I pay a crazy monthly premium not including what my employer matches. I have received quotes for a private ins that covers 3 times what my policy does now thru the same ins company and it is half of the cost of the plan thru my company. They will not let me cancel it. Is this legal. I was rushed into choosing a plan becaus eI came to work for this company at the end of open enrollment. The plan covers nothing but well visits and my deductible is 11000.00. Its crazy, Is it legal for them to continue taking money out of my check if I am telling them not too!!!! I thought this was a free country! I just don't see how they can tell me that I have to have a life changinh event. How about your ins plan is breaking my bank! That's a change. Disgusted!!!!!!!
Posted: Sun Mar 06, 2011 05:43 am Post Subject:
Posted: Thu Apr 14, 2011 02:57 pm Post Subject: Amazing stupidity...
My health insurance "plan" at work for my family of four will cost me, out of MY pay, $725 MONTHLY! Multiply that times 12 months, and I'm paying almost $9000 a year. All for the priveledge of getting $20 off my prescriptions. Wow. In other words, over a ten year period, I'm going to pay $90,000 to a health insurance company, for a roll of the dice that maybe, just maybe, somebody in my family will need that much healthcare.
And if nobody does? Well, too bad, so sad, I just got ripped off for 90 G's...
Nobody NEEDS health insurance. Seriously. It's just a way for insurance companies to make money hand over fist. Anybody ever looked at the P&L statements of health insurance companies?
Posted: Fri Apr 15, 2011 11:23 am Post Subject:
Well, sir . . .
Until January 1, 2014, not even the Republicans are forcing you to carry health insurance. So feel free to drop it anytime you choose. And be sure to let your wife know, and see how that goes for you.
Your attitude is pathetically juvenile and your argument falls flat in view of your statement that you are one of a family of four. That probably means a wife and two young children who are each far more likely than you to require healthcare services in the next 10 years. But who knows, you could develop a heart condition, have a stroke, fall victim to cancer, or require surgical removal of your appendix, gall bladder, a bowel obstruction, or . . . maybe you'll be unfortunate enough to be involved in a traffic collision with another driver who has chosen not to pay $2000 a year for auto insurance because "it's just a way for insurance companies to make money hand over fist," and have to figure out how you'd pay for your and your family's medical expenses without your own insurance as a result.
Don't like $725 per month coming out of your paycheck, here's a solution: quit your job. After all, that labor you perform for your employer is just making HIM money hand over fist -- you're only getting a small part of it. What's up with that? So show your employer who's boss, by quitting and making it harder for him to make a profit without you. There are only 24,000,000 unemployed persons, none of whom are qualified to do what you do -- which is probably nothing terribly skilled for such a wise thinker as you.
And while you're at it, cancel your homeowner's insurance, your auto insurance, and your life insurance, because ALL of those insurance companies are making even more money "hand over fist" than your health insurance company. Or have you failed to look at those P&L statements? Health insurance is far less profitable than those lines of insurance -- and, not to worry, Obamacare will probably put your health insurance company out of business, too.
Look, I'm not going to disagree with you that health (and almost all other) insurance companies operate profitably. But the reality is, you wouldn't want to do business with an insurance company that was not profitable. At least your wife and children wouldn't want you to.
Nobody NEEDS health insurance.
Seriously? Have you talked to your parents recently? If that's the way you think, you are sadly mistaken. There are millions of people in America who desperately NEED it and don't have it. Some of them comment about it here. That's the problem Obama and Congress really needed to deal with -- not "overhaul" a system that was effectively covering the expenses of 275,000,000+ people.
You don't like the idea that you might pay $90,000 in the coming 10 years. Fine. But would you SAVE or would you SPEND the $725 per month in the same 10 years if you weren't paying for health insurance. Based on your attitude expressed here, I think we all know what the answer is.
Do you make the same complaints about Anheuser-Busch and the profits it makes on the Budweiser you drink? Or about the $4+ per gallon you fork over to Exxon-Mobil, BP, Shell, or any of the other oil companies for your gasoline to get to work? They each make WAY MORE in profit than any health insurance company. And what about Microsoft, whose software you probably can't operate your computer without in order to post your drivel here. It makes more profit than most insurance companies, most any company.
You need to get a grip on the reality of life. 80% of your healthcare expenses will happen in the last five years of your life. You, like I, may have a relatively little need for the insurance today -- but what happens on those two or three occasions when you do?
I'm age 58 today. In the last 40 years, outside of work-related injuries (a handful, and the last one in the 1990s) that required medical care (paid for by Workers' Comp insurance), I have not been a big consumer of health care. A broken elbow in 1978, gall bladder surgery and 4 nights in the hospital in 1992, and a broken ankle in 2007 which required surgery, a night in the hospital, and 10 weeks of physical therapy in the aftermath. That's about it. Total bills, unadjusted for inflation, of about $60,000. I would not have had the ability to cover each of those events at the time with my own cash.
About 14 years between events. So I can figure that I'll be 72 the next time I need a doctor, right? I'd be an idiot to believe that.
So do I not care that my [or my wife's] employers and I have paid some more than that over the last 40 years? Of course I do. And I'm thankful that each of those three incidents were covered by insurance at the time. I'm just as concerned that the cost of healthcare in America is rising faster than inflation.
But we can all thank the POLITICIANS for most of it. They fail to reform tort litigation, keep adding benefits to Social Security and Medicare that we, as a society, cannot afford (nearly $120 TRILLION in unfunded liabilities in less than 70 years from now), and fail to control illegal immigration that causes our healthcare systems nationally to encumber about $30 BILLION in unnecessary and unrecoverable expenses. You and I, healthy individuals that we are, are paying for that, not for the purpose of making our insurance companies profitable.
Long before you deride the insurance companies for making a profit, friend, you should take a look at what Congress is doing with money neither you nor I, nor anyone else in America, has or will ever have. We have $14+ TRILLION in public debt, $4 TRILLION in current account deficits, are spending $300 BILLION more than we take in -- PER MONTH. And Obama and the Democrats think the 3,100,000 people in America who earn $250,000 per year or more should be paying for that.
They, like you, are fools. You are all in good company. Drink up!
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