LifeAfterDx--Diabetes Uncensored

A internet journal from one of the first T1 Diabetics to use continuous glucose monitoring. Copyright 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016

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Location: New Mexico, United States

Hi! I’m William “Lee” Dubois (called either Wil or Lee, depending what part of the internet you’re on). I’m a diabetes columnist and the author of four books about diabetes that have collectively won 16 national and international book awards. (Hey, if you can’t brag about yourself on your own blog, where can you??) I have the great good fortune to pen the edgy Dear Abby-style advice column every Saturday at Diabetes Mine; write the Diabetes Simplified column for dLife; and am one of the ShareCare diabetes experts. My work also appears in Diabetic Living and Diabetes Self-Management magazines. In addition to writing, I’ve spent the last half-dozen years running the diabetes education program for a rural non-profit clinic in the mountains of New Mexico. Don’t worry, I’ll get some rest after the cure. LifeAfterDx is my personal home base, where I get to say what and how I feel about diabetes and… you know… life, free from the red pens of editors (all of whom I adore, of course!).

Sunday, September 12, 2010

Update on soulless bastards

Surgeon General’s Warning: Take your blood pressure pills before you read this.



We frequently hear in the press that the reason health insurance premiums keep going up, up, up, up is that the cost of health care keeps going up, up, up, up.

True, but not as true as the insurance companies would have us believe. Between patients last week I was thumbing through a recent copy of The New England Journal of Medicine. Well, actually, I was reading it on my Kindle, so I guess I wasn’t thumbing so much as clicking… but I digress.

This from an article by Ann Mills: “Over the past decade, the largest health insurance companies have seen a disproportionate increase in profits of 250%, or 10 times the rate of inflation. During the past year alone, there has been a double-digit increase in health insurance premiums.”

So even though health care costs are going up, up, up, up the insurance industry has found a way to not simply maintain their profits, but to more than double them.

Nice.

Black Beard the pirate would be proud.

The same day I read in Time magazine that a Kaiser Family Foundation report shows that over the last decade the average annual premium for family policies increased 114% each year. That means it doubles every year, folks. At the same time, the report shows the deductibles have increased to $1,000 for over a quarter of insured workers.

So that means:

1) Every year we pay twice as much.
2) Every year the insurance companies make more money.

And, from personal experience I can give you two more nuggets:

1) Every year less is covered (meds, gear, procedures).
2) Every year your doctor gets paid less.



Revolution in the street, anyone?

4 Comments:

Blogger Michael Hoskins said...

Of course, Wil, you must remember the insurers' latest claim that makes the whole rate hike even more ridiculous - that is, that the rates are NOW going up BECAUSE of the health care reform in the past year. Uh huh. Right... I think the phrase "soulless bastards" puts it too modestly for these lying sacks of... Well, whatever.

2:39 PM  
Blogger George said...

It makes me ill when I think about this stuff. I took my Lisinopril and yet, my blood boils.

6:32 PM  
Blogger Scott K. Johnson said...

That really puts things into perspective, doesn't it?

4:17 PM  
Anonymous sysy morales said...

about that revolution...I'M IN.

you write very well by the way, very funny :)

6:25 AM  

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