Screwing the Self Employed on Health Insurance
Basis for cost comparison for health insurance plans.
Quoits were obtained from Insure.Com by using the state capitols for the six states mentioned as "heavily" and "lightly" regulated in the "analysis" Small Business Health Insurance offered by the right wing lobbying group, National Center for Policy Analysis (NCPA) of Dallas.
The cost of insurance for each state was based on the state capitol, general post office zip code quote from Insure.Com with both the annual premium cost plus the deductible cost factored in. To based the cost solely on the premium prices presumes that no one with the insurance ever visits a doctor. The cost of insurance is the deductible payments that get the insured family to the point where the premiums actually cover care. Deductibles ranged from $0.00 in New York and New Jersey to $17,000 in Utah with a $15,000 health care cost plus a $1,000 pharmaceutical deductible. Co payments were not factored in but are not the main costs of the cost of these plan.
The following quotes were taken from Insure.Com for a family plan by entering the following data:
The following is offered under the fair use doctrine for educational and informative purposes only.
Premiums alone are grossly misleading for comparative health care costs.
Utah, "lightly regulated," has the highest absolute costs. When factoring in cost of living using Boston, Massachusetts as the baseline, two "lightly regulated states, Utah and Wisconsin, are the highest cost states for self employed to obtain health care.