Do we need health care
reform? Absolutely!
Do we need government
intervention into health care
reform? Only to a very limited
extent!
Do I support the current bill
being shoved down our throats?
Absolutely NOT!
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Actuaries can't support
it!
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There are no risk
reduction incentives!
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There are no meaningful
fraud deterrents!
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We can't afford it!
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There are better, more
efficient and effective
health care reforms that
have proven to work well in
a free capitalistic society.
You don't
have to be... a CUNA
Management School graduate to
understand the negative impact
government is having on the U.S.
health insurance industry.
Unfortunately, CUNA
Mutual retiree's, of which I'm
one, got a doss
of reality November 6 when we
were all dumped unceremoniously
into Aetna's Retiree Health
Access plan. Go to
www.RHAGroup.net and weep for
us.
Better yet..., save
your energy! If the current
health care reform bill passes,
you'll be weeeping for yourself.
CUNA Mutual
retirees with pre-existing
conditions should immediately
go to
www.RHAgroup.net or call the
Retiree Service Center
1-866-643-8742 between 7 a.m.
and 8 p.m. central time and lock
in coverage. Remember, it
appears that if you don't lock
in coverage before November 20th
you'll be individually
underwritten. Also, it appears
the only way you'll get back
into the pool is if you have a
life changing event such as
turning age 65 or you can prove
you had an "employer directed"
group policy in force
continuously after 1/1/10.
I've received a ton of
emails, asking for an RM
explanation of what's being
shoved through congress with RM
recommendations for retirees
specifically those on Medicare.
Unfortunately, I allowed my
license to sell insurance expire
years ago when I was fired for
telling college freshman they
didn't need $100,000 of
whole-life insurance. I did that
the day after my boss had sold
them all whole-life contracts.
My best
advice at this point...
is vote the politicians, who are
ignorantly forcing government
health care reform down our
throats,...
out of office!
Now that I have that off my
chest, let me see what I can do
to help my fellow retirees:
I
recommend... you hold an
open forum at your credit union
chapter and league meetings to
discuss the negative impact on credit union
sponsors if the
proposed health insurance bill
passes.
Click here
for an opinion from the Virginia
Chamber of Commerce on 12 requirements that will
drive up your taxes, double your
premiums, and destroy jobs in
your community. Grab your
unemployment application and
Click here
to do your own
research.
Don't be afraid
to challenge... political rhetoric.
Political rhetoric doesn't
change actuarial facts that
govern the insurance industry,
nor does political rhetoric
change business practices that
destroy jobs or jeopardize long term job
security. All the
"Cash-for-Clunkers" program did
was increase our national debt
and drive up loan delinquencies.
If you're covered under a
health insurance program
administered by your union, I'd
be especially concerned. Unions
are not insurance companies,
consequently, their involvement
might go back to a government
program that reimbursed
companies for administrating
health care coverage. It's
likely that those reimbursements
were passed on to unions. If
that's the case, rumor has it
that much of the government
savings bragged about by
supporters of the current
legislation will come from
canceling such reimbursement
programs.
Click
here to sort it out for
yourself! It won't hurt to
compare what you hear on ABC,
NBC, CBS and FOX.
If
you're a retiree, I recommend...you
Click here
to
complete our RMLC anonymous survey of
retirees from across the U.S.
and around the world and than
click here
to view results. Don't expect
much in the results file until
after the first of the year.
We're surveying retirees who've
"walked-the-walk" and are
positioned to complete the
survey based on their individual RM
research and personal
experience.
I
recommend...you go to the
websites... of your
current health insurance carrier
and read their RM research. Also
read
about the contract changes that
will be needed to adjust to
government mandated health care
reform. Use internet search
engines such as Google to obtain
quotes. For example,
click here
if you live in Wisconsin. The
following sites have been
helpful to Wisconsin retirees:
click here for the Anthem's (Blue
Cross/Blue Shields) website.
Click here for WPS Health
Insurance
Click here for Humana Health
Insurance quotes.
I'll
continue to post...
health insurance websites
recommended through our surveys.
Please
Click here
to
complete our anonymous survey of
retirees and than
click here
to view results.
Finally, I recommend...
you use our RMLC RM library
and read our RM white papers.
Click here
for a link to my
paper on International Risk
Management Principles and
Practices and
Click here
for my
RMLC Strategic Action Plan
(SAP). Share them both with your
credit union Board of Directors.
Our current economic and Risk
Management challenges are not
new. According to our surveys,
the only credit unions, leagues,
affiliates, bonding companies,
etc., who're failing their membership
are those who've lost their
moral, ethical, and movement
compose. If you're one of those
I suggest you
click here
and get back on board with the
credit union movement. CMG
Retirees
click here
for updates.
Rich Woldt - CEO
The Risk Management Learning
Center
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