http://www.healthinsurancecolorado.net/blog1/2006/11/29/colorado-health-insurance-invites-waste/ Research and discussion of the Colorado health insurance industry and the healthcare crisis in America. Fri, 12 Mar 2010 20:34:06 +0000 http://wordpress.org/?v=abc hourly 1 http://www.healthinsurancecolorado.net/blog1/2006/11/29/colorado-health-insurance-invites-waste/comment-page-1/#comment-266 Colorado Health Insurance Insider » Mullets, Cotton Candy, and Ringtoss… Wed, 06 Dec 2006 22:15:03 +0000 http://insuranceshoppers.net/blog1/2006/11/29/colorado-health-insurance-invites-waste/#comment-266 [...] And today, Michael Cannon of Cato @ Liberty came up with a great Cavalcade of Risk.  The Colorado Health Insurance Insider made this edition with my previous article “Health Insurance Invites Waste“.  Part of Mr. Cannon’s commentary on the article… I mostly agree. But if Jay can find a health insurance policy that “cost[s] the employer more than 2x what a similar individual/family health insurance plan will cost,” he either must be suuuuper healthy or have really sick co-workers. [...] [...] And today, Michael Cannon of Cato @ Liberty came up with a great Cavalcade of Risk.  The Colorado Health Insurance Insider made this edition with my previous article “Health Insurance Invites Waste“.  Part of Mr. Cannon’s commentary on the article… I mostly agree. But if Jay can find a health insurance policy that “cost[s] the employer more than 2x what a similar individual/family health insurance plan will cost,” he either must be suuuuper healthy or have really sick co-workers. [...]

]]> http://www.healthinsurancecolorado.net/blog1/2006/11/29/colorado-health-insurance-invites-waste/comment-page-1/#comment-251 Colorado Health Insurance Insider » HSAs Won’t Cleanup the Waste Fri, 01 Dec 2006 03:09:08 +0000 http://insuranceshoppers.net/blog1/2006/11/29/colorado-health-insurance-invites-waste/#comment-251 [...] After writing about how health insurance invites waste, I came upon an article Ezra Klein wrote about the fact that even HSAs won’t help slow that waste.  He makes a good point because the total exposures are usually the same.  But once the out-of-pocket maximum is met, there is nothing to slow the wasteful spending after that.  And the spending that comes after a deductible is met is much more significant than the ticky-tack test for strep throat or prescription for antibiotics - the stuff that is usually covered before the deductible on non-HSA plans. [...] [...] After writing about how health insurance invites waste, I came upon an article Ezra Klein wrote about the fact that even HSAs won’t help slow that waste.  He makes a good point because the total exposures are usually the same.  But once the out-of-pocket maximum is met, there is nothing to slow the wasteful spending after that.  And the spending that comes after a deductible is met is much more significant than the ticky-tack test for strep throat or prescription for antibiotics – the stuff that is usually covered before the deductible on non-HSA plans. [...]

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