Isn't Blue Cross a non profit? They are a RIP OFF. Why will these new "non profits"

[MidwestTransplant]

proposed in the plan be any different? They will be regulated or they won't be any different?

[Luminous Animal]

1. It is a misconseption that non-profit means no profit.

A non-profit that is NOT a charitable nonprofit can net as much money as their market will return. They can pay management as much as they want. There only mandate is that any accrued profit must be retained to invest back into the business rather than distributed to shareholders. In simple terms, a nonprofit can gross $10,000, pay it's CEO $5000.00, pay the managers $3500.00 and use the remaining $2500.00 to provide services.

[Cant trust em]

4. Plenty of non-profits pay their executives a ton of money

Red Cross's CEO makes well over $500K.

http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&hs=50G&q=ceo+american+red+cross+salary&aq=f&oq=&aqi=

[pnwmom]

2. Blue Cross is made up of lots of companies. Some are profit, some are

non-profit.

[dysfunctional press]

3. it depends on the state.

[MercutioATC]

5. Blue Cross Service Benefit Plan (Basic) + a health savings plan is a pretty good deal.

The combination will cost me about $345/month to cover both myself and my son including $1300/year in pre-tax money to pay for copays and prescriptions (that's through FEHBP with my employer picking up 66% of the premium for BCBS).

[exboyfil]

6. It is a good deal in large part because

your employer picks up so much of the tab. My medical insurance through UHC for a family of four would be $12K/yr without my employer picking up a big chunk of it. If I lose my job then I am looking at the $12K/yr through COBRA for a policy with a $4,300 deductible. Since we are healthy I will definitely look someplace else for insurance if this happens.

Your insurance, if you figures are correct, is $12,600 unsubsidized by your company which seems high for insuring two people.

I would be interested in knowing how much the individuals running the German non-profit insurance company make.

[MercutioATC]

7. The average private-sector company that provides insurance for their workers pays 70%.

I seriously doubt that Congress would pass a plan that didn't have some sort of subsidy involved...especially if they're planning to mandate coverage.

All I'm saying is that there ARE private insurance plans that can work for people, if it's done right.

[JoeyT]

8. Depends on the people.

Sure there are private insurance plans that work for people if done right. And if they don't have any preexisting conditions. And they aren't too old. And they have absolutely no risky behaviors whatsoever. And they've been lucky enough to never get majorly sick. And...

[MercutioATC]

9. If it mimics FEHBP (which it seems to) none of those are an issue.

FEHBP is available to EVERY federal employee at a set price per plan. Nobody can be denied enrollment for any reason nor can they be charged a different premium rate.

[dionysus]

10. if i recall it used to be, not any more...