Join me @ IBOtoolbox for free.
Eric Wilson
Member Since: 2/7/2018
performance / stats
Country: United States
Likes Received: 153
Featured Member: 0 times
Associates: 280
Wall Posts: 426
Comments Made: 125
Press Releases: 360
Videos: 50
Phone: (815) 372-1363
profile visitor stats
TOTAL: 58888
are we ibo associates?
active associates
Cosmos Parris    
Last logged on: 7/24/2019

Last logged on: 7/24/2019

Victoria Banks    
Last logged on: 7/24/2019

Camille Cameron    
Last logged on: 7/23/2019

Joe Coon    
Last logged on: 7/23/2019

Paruchuri Sridhar    
Last logged on: 7/23/2019

Bill Bateman     
Last logged on: 7/23/2019

Vernon Wallis    
Last logged on: 7/23/2019

Brian Stefan    
Last logged on: 7/23/2019

victor chukwuemeka    
Last logged on: 7/23/2019

Ryan D Forrester    
Last logged on: 7/23/2019

Susan Ross    
Last logged on: 7/23/2019

Lawrence Bergfeld    
Last logged on: 7/23/2019

Dennis Thorgesen    
Last logged on: 7/23/2019

Terri Pattio    
Last logged on: 7/23/2019

other ibo platforms
Eric Wilson   My Press Releases

Would a health insurance contract work??

Published on 2/26/2019
For additional information  Click Here

What if health insurance were like other products on the market, say a cell phone.  With a Cell phone you often times have to enter into a two year contract.  Under that contract they will not increase you rate, and if you want to break the contract you have a financial penalty.  Your term life policy covers a certain amount and is locked in for 20 years(granted you only die once).

Health insurance as it is now, there are no contracts, usually the insurance carrier will guarantee you the approved rate for one year, but you are not obligated to keep it for a year.

What if I could buy a five year contract for my health insurance?  I would get my rate for five years, and the insurance company would know they are getting my premium for five years so it would benefit them as well.  Now let’s take it a step further, what if I could get at renewal time a rate based upon my claim history.  Now there would have to be maybe a maximum renewal amount if you have a bad claims history, but what if I had no claims for five years or under $5000 in claims in 5 years.  Would it be possible to get the same rate, that I had five years earlier? Maybe I could get just a slight increase.

These things I am discussing are giving people incentive to purchase health insurance while they are healthy, and maybe an incentive to stay healthy.

Fixing the health care system in this country is not about providing free medical care, or making everyone purchase health insurance.  If everyone is responsible and you give them incentive to stay that way, maybe we can fix this thing after all.

I am just giving you something to think about.

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.