How do health insurance companies make money?

How do health insurance companies make money?

Heathcare is really expensive, we all know this,but how do the insurance companies make money? Even though many people have a co-pay,it's usually a drop in the bucket compared to what the bill is,& some don't even have a copay,or it'll be a few bucks.Like when my late husband had a medicine that cost $3000 a month,he paid $6 co-pay.And someone in the hospital can be tens of thousands or hundreds of thousands of dollars.I know that people are always paying into it & it's not the type of thing you use every day,but it just seems like for what things cost compared to what people pay for the insurance that they'd never make money,especially when they get it through their employer.But even if you pay privately,it just still seems like it wouldn't balance out.

 

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Should people who do not own cars be forced to buy car insurance?

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How do health insurance companies make money?

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How much would insurance be for a 125cc motorbike in the UK? Just a ball park figure.?

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Totaled a Financed car Liability Insurance!?

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Can I insure a car that is already insured?

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Do you have to get insurance for just a learner's permit in california?

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What is the best insurance companies in NYC?

What is the best insurance companies in NYC?

 

 

Auto insurance quotes?

Auto insurance quotes?

 

How do health insurance companies make money?

Heathcare is really expensive, we all know this,but how do the insurance companies make money? Even though many people have a co-pay,it's usually a drop in the bucket compared to what the bill is,& some don't even have a copay,or it'll be a few bucks.Like when my late husband had a medicine that cost $3000 a month,he paid $6 co-pay.And someone in the hospital can be tens of thousands or hundreds of thousands of dollars.I know that people are always paying into it & it's not the type of thing you use every day,but it just seems like for what things cost compared to what people pay for the insurance that they'd never make money,especially when they get it through their employer.But even if you pay privately,it just still seems like it wouldn't balance out.

 

Anyone with Tescos car insurance? Are they any good?

Got a good quote for my car insurance from them. Fully comp etc. But I would like to know what their customer service is like, whether they sort out claims quickly etc etc. Thanks

 

 

Will car insurance always be expensive when I first purchase it?

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Appropriate and affordable health insurance for my autistic son?

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Hi i live in florida 16 years old i am going to start driving and need to know?

in average how much will my car insurance cost?

 

 

I rear ended a car on the freeway and damage was minor. How much will it cost me through insurance?

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How much does insurance cost for a bently?

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Does insurance cost more if you have a sporty car versus a truck?

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What car insurance would be cheaper on which car?

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Car insurance comparison websites - aaaaaaarrggghhh!!!?

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What if I am pregnant and I don't have insurance?

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Where can I purchase affordable dental insurance that is effective immediately?

I would like to get braces or Invisilgn=]

 

 

Speeding ticket and car insurance?

I was wondering if you get a speeding ticket you get points on your license which means your insurance goes up. What if you don't have insurance. For example if its under your parents name but you get the ticket would their insurance go up even if its you don't have car insurance

 

 

Is there a way to borrow someone else's address for car insurance?

My friend lives in Los Angeles county and she is being charged $500 for a piece of paper that will be sent to her house address in Los Angeles. Can she use another address to receive that paper? Or does it have to be the house she lives at?

 

 

I gotta question with car insurance?

im 18 and buyin my moms car,will the insurance rates rise if she signs the car over to my name? or will it be that much of a difference? cuz i want it in my name but she says the cost will double automaticly just by changing the name of the owner from her to me. is she lying so that i keep it in her name?

 

 

Car Insurance policy?

I was buying home contents insurance a month ago, I realized that It could be bought altogether with some other extras like key protections, legal expenses and home emergency services. Today I am trying to buy car insurance, I wonder what extras car insurance comes with? Regards

 

 

Just paid off my car! I want to lower my car insurance, advice?

I just paid off my car and I want to lower my car insurance, but I'm not sure how to go go about it. I still want to maintain good coverage but not pay for so much. I'm a 27 year old male, with a good driving record. I would just like some advice on what coverages I could lower or get rid of and still have myself covered. Thanks

 

 

Why do people keep comparing health insurance mandates to car insurance mandates?

Car insurance mandates are done at the STATE level, in accordance with the Tenth Amendment of the U.S. constitution. Yet people (the president included) continue to claim that a FEDERAL mandate to buy insurance is no different than being required to cover your car. (Completely ignoring that you have to BUY a car before you must get insurance...the govt's basically saying they own your body...insure it or be taxed) So isn't a FEDERAL mandate unconstitutional unless you plan on writing an amendment to the Constitution so that such a mandate is in accordance with the Tenth Amendment?? http://www.politico.com/news/stories/0909/27384.html The questions from ABCs George Stephanopoulos highlighted a politically dangerous new aspect of the health reform debate for Obama as critics from Republican leaders to the U.S. Chamber of Commerce say his reform proposals amount to a middle-class tax increase. Obama promised during the campaign that Americans earning less than $250,000 a year would not see any tax increases from an Obama administration. Obama strongly denied that the mandate amounts to a tax increase saying it was no different than requiring people to have auto insurance and charging a penalty if they dont. He also said it was important for everyone to have insurance so that people who do carry insurance dont have to shoulder the load for people who dont. The excise tax is designed as an enforcement mechanism to ensure people will carry insurance.

 

 

Where can you find some cheap auto insurance quotes ..online?

Where can you find some cheap auto insurance quotes online?

 

 

Best term life insurance quotes?

where is the best site to get term life insurance quotes?

 

 

Cheapest insurance companies for 17 year old in the UK?

Got my cheapest quote from AdrianFlux so far. Anyone know any really cheap companies that would cover a 17 year old in Northern Ireland. Thanks

 

 

How much will it cost....?

I live in Hemet , Southern California. I have a 9 month old son. He will be nursed until 24 months, However, he does eat some solid foods. I my boyfriend and I rent an appartment for $750- How much would our monthly income need to be to support our family? How much is utilities in my area? How much do you spend on gas? How much is car insurance? How much is it to get my car smoged? How much are monthly groceries? What other bills am I missing? Please help!

 

 

Help with car insurance........................

i am 16 but when i turn 17 i want to pass my driving tests. my worry is car insurance. i want to buy a little car like Peugeot 206 1.4 or something similar but i have checked insurance companies and their quotes are ridiculous so my dad said that if i give him the money to buy the car he can then insure it on his insurance and add me as an additional driver so i can sometimes drive it to my mates or whatever. i have heard of something called fronting and i was just wondering if then we would be doing that or would everything be legal. thanks in advance Matt

 

 

Motorcycle insurance?

About how much would insurance cost for a 17yr old High school student. If I was buying a sports bike with around 500cc of power. I'd be on my parents plan. So I would need a guess if using Progressive.

 

 

Why not lower heath care insurance than universal health care?

I pay $450 a month for my health insurance, why dont they just cut the cost in half? Then people could afford it. Its alot for me but worth it, i had spinal meningitis at 18 and without id be dead.

 

 

Ok where can someone get health insurance?

ok where can someone get health insurance to get a vasectomy reversal is there any health insurance that helps pay for that

 

How do health insurance companies make money?

Heathcare is really expensive, we all know this,but how do the insurance companies make money? Even though many people have a co-pay,it's usually a drop in the bucket compared to what the bill is,& some don't even have a copay,or it'll be a few bucks.Like when my late husband had a medicine that cost $3000 a month,he paid $6 co-pay.And someone in the hospital can be tens of thousands or hundreds of thousands of dollars.I know that people are always paying into it & it's not the type of thing you use every day,but it just seems like for what things cost compared to what people pay for the insurance that they'd never make money,especially when they get it through their employer.But even if you pay privately,it just still seems like it wouldn't balance out.

 

How much would my mom and dad's car insurance go up if I got my license?

Because there not even gonna let me take the test until I find a job,because there insurance will go up. But by how much. I thought it was cheaper if you were a girl, got good grades and went through drivers ed?

 

 

Is there affordable health insurance for pregnant teen girls?

i need any kind of reliable resources. please help.

 

 

Best overall car insurance company?

In your opinion (or based on any experiences) what is the best kind of car insurance?

 

 

How insurance coverage work for new a car ?

Hi, I intend to buy a car by the end of this month on the weekend (I work from Monday to Friday and do not want to skip working). I will use my old car for trade-in. And I will switch my current insurance on to the new car. Since it all will be happening on the weekend (my insurance office closed), I will have to switch the insurance on Monday. If something happen to the new car before the insurance switched (sometime before Monday), who will cover the car ? Any advice ? Thank you...

 

 

Where can i get the cheapest car insurance for renault(96 model) in london?

Where can i get the cheapest car insurance for renault(96 model) in london?

 

 

My 13 Year old Son got an insurance quote in the mail for my car?

How could they have gotten his name on a quote for insurance on my car? Thanks!

 

 

Can u have two car insurance policies in your name?

Can u have two car insurance policies in your name?

 

 

Least expensive sport cars to insure?

I'm 16 got my license yesterday and I'm shopping for car's. My car budget is $8000 I'm looking at the rsx-s,cobalt ss,350z,Subaru wrx. Please I know it's not cheap to insurance the car but my question is what sport cars are the least expensive to insurance I'm aware their pricey

 

 

Cheap cars to insure at 18?

Im looking for some cheap cars to insure for an 18 year old. Stuff like 106 quicky's, gti's, corsa,punto,saxo,clio. Ive been wanting a clio williams but there very dear on insurance if u can give me a price for any of these cars from the top of your head it would help thanks.

 

 

Fair way to split car insurance with partner?

I pay 60 per month for my car insurance. My girlfriend is now on my policy and the monthly payments have gone up to 85 per month = 25 increase. Should we split the total insurance cost 50/50 = 42 each? Or just ask her for 25 each month

 

 

People that live in miami only, car insurance problem :(?

me and my boyfriend r trying to move out, its really necesary because my parents r moving far and if i go with them i cant see him again, anyways we have enough money, we both have ...show more

 

 

First traffic violation. How much will it affect my insurance?

So today I got my first traffic violation after 9 years of driving. I am 25 and have been driving since I was 16. I stopped to far in a stop sign and passed the line. How much will the ticket cost? I live in CA. How badly will this affect my auto insurance? Right now I pay $150 every 6 months for liablity coverage.

 

 

How much does motorcycle insurance typically cost?

good credit, driving record, etc...

 

 

Help! If my car insurance deductible is $750 and repairs cost $489, How much will the insurance company pay?

My car was vandalized. The adjuster sent me an estimate for $489. This is lower than my deductible. Does this mean that the insurance company does not have to pay anything? If so, i'm going to find some better insurance.

 

 

How do you beat the under 25 y/o car insurance scam?

We're bought a toyota corolla for $9,500 and its going to cost $1700 just to insure it, we've heard of putting it in the parents name but if you name an under 25 year old as a driver the price goes up so i was wondering if anyone knows a way to beat it

 

 

On average what is my auto insurance going to cost if I go with geico or progressive in los angeles?

I need to know seriously

 

 

Help me with me car insurance?

i am 34 years old have a new license with pass plus and recentley bought a car. what is the cheapest car insurance for me(third party) thanks

 

 

Its about car Insurance?

hi guys i was wondering ive recently looked at a car ad the cars insurance saids 15E its and 2003 ex police car 'volvo s80' at the age of 21 is that going to be expensive. ??????????

 

 

Will the 2010 honda fit be considered as a sports car to insurance companies?

Thinking about getting one of these, but I'm a little worried that insurance cost is gonna be high since it's a hatchback. It is a sedan with 4 doors though, would insurers still see it as a potential car that might be used for racing?

 

 

Teenage Car Insurance?

What can we expect for a 16 year old having to pay on a monthly base if he has his OWN insurance (as in not co-insured with the parents). This would be in Texas. I am pretty sure that there is a great difference. Just trying to familarize myself with the whole deal and trying to figure a ballpark amount. Any tips you might have are very much welcome. Thanks!!!

 

 

Is it a requirement to let home insurance company before installing Trampoline in the backyard?

my neighbor told me that it is very necessary to tell your home insurance company before installing trampoline in the backyard and after that they will raise your insurance rate. I wanna know if this is true or not??

 

 

Do I need to declare an accident I had on my wife's car insurance when I renew my motorbike insurance policy?

I am a named driver on my wife's car insurance policy and last year I was involved in an accident (in the car) which went through the insurance as my fault. I have my own insurance policy for a motorbike which is now due for renewal. Do I need to declare the car crash? Will I still be legally insured on my bike if I don't mention it? (ie Will the insurance company still be obliged to pay out if I have an accident on my bike?) I'm in the UK. Thanks in advance for taking the time to answer.

 

 

Having a driver's license, but no car? Insurance question.?

I'm 18 years old and currently have my driver's license and pay car insurance on it under my parents insurance plan. I want to know if it's possible to sell my car and stop paying for the car insurance. Is it possible to have a drivers license, but not be paying for insurance? I wont be driving any cars, I'm going to get a motorcycle. I live in Florida.

 

 

Van insurance employment status question?

I'm about to set up my own business as i've qualified as a painter & decorator so i'm looking into van insurance quotes. For the employment status i've been filling in my current job details (sales) as i am not yet registered as self employed and i will be maintaining my job until work picks up. Is this correct? It will only let me choose one occupation so the option of 2 is not there

 

 

What are short-term life insurance needs?

I currently have a 5 year term life insurance policy with State Farm and I was wondering if it were possible for me to make a withdrawl or loan from this policy. I researched this some and on some websites it said it wasn't possible; however whenever I look on State Farms website it says the below: The State Farm 5 Year Term policy provides affordable life insurance protection for a five year period and is renewable for subsequent 5-year periods until age 85 (age 80 in NY). It is great for covering any short-term life insurance needs you may have. Short-term life insurance needs may include such things as: * Car loan * College tuition * Home equity loan * Mortgage loan * Business loan * Student loan * Key employee Term insurance may also be appropriate when your life insurance needs are great but your budget is tight. Does this mean I can make a withdrawal so that I can pay off my student loans? Also, it seems that my policy has ended in December; however, I was still charged this month. The policy started in 2005.

 

How do health insurance companies make money?

Heathcare is really expensive, we all know this,but how do the insurance companies make money? Even though many people have a co-pay,it's usually a drop in the bucket compared to what the bill is,& some don't even have a copay,or it'll be a few bucks.Like when my late husband had a medicine that cost $3000 a month,he paid $6 co-pay.And someone in the hospital can be tens of thousands or hundreds of thousands of dollars.I know that people are always paying into it & it's not the type of thing you use every day,but it just seems like for what things cost compared to what people pay for the insurance that they'd never make money,especially when they get it through their employer.But even if you pay privately,it just still seems like it wouldn't balance out.

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