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beckmanvfx

Raising Rates

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People are getting a bit too wild in here.

 

Last time I checked this thread was about raising rates. I vote that we get back on topic.

 

I for one have learned a lot from the first page of this thread. The other pages...eyy...not so much.

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I'm going to be raising my rates in the next couple of months. Mostly in response to the rising cost of healthcare (and a soon to be double digit increase in premiums for individuals and small businesses in my state),

 

... I thought it would be a good topic to discuss.

 

thanks,

mike

 

what did you do last year when premiums doubled from the year prior?*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* pre-"ObamaCare"

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what did you do last year when premiums doubled from the year prior?*

 

 

 

 

-Had better health insurance before my wife was laid off, now that I'm the sole provider we've had to pick up Health Ins through the small business service bureau. Those of you who are sole proprietors here, know how crazy the costs can be. (much bigger now that I have a family). Increases are nothing new, but most insurers (the ones that'll even let you join) in my state are reserving the right to retroactively raise premiums for the year 2010 (right now, they are being forced to charge 2009 rates). The governor is fighting it, but in my opinion it's all a show of force to get him through the November election cycle. I fully anticipate that sometime between nov-dec, I (and others in my state) will be subject to those retroactive increases. In other words, I'll have to cough up an additional $4-$6k for the year... yes, that's "thousand", on top of the $14k + I will already have paid. It is in short, madness.

 

anyhoot, as the numbers seem to spiral into the stratosphere, obviously I start to see the need to increase the cost of my services. I'm hoping as an industry we look at the value of what we do and consider the need to charge rates that will make this a sustainable career path.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* pre-"ObamaCare"

 

 

 

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In other words, I'll have to cough up an additional $4-$6k for the year... yes, that's "thousand", on top of the $14k + I will already have paid.

 

*picking jaw up off of floor*

 

That's insane. I don't have a family yet, but the amount I pay for me and my wife is nowhere near that. Raising your rates is absolutely necessary and, from the sound of it, way overdue.

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*picking jaw up off of floor*

 

That's insane. I don't have a family yet, but the amount I pay for me and my wife is nowhere near that. Raising your rates is absolutely necessary and, from the sound of it, way overdue.

 

 

-What would really help is if our premiums could be fully tax deductible. Small business lobbyist groups are working on this, but change is slow.

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-What would really help is if our premiums could be fully tax deductible. Small business lobbyist groups are working on this, but change is slow.

 

Yeah this was a big kick in the nuts when my accountant put the brakes on what I thought were legit expenses. Very painful realization.

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this is exactly my point... there were issues with insurance companies before you had to deal with them. the company i worked for last year had to switch to a different (less awesome) insurance company because they doubled premiums annually* (a cost MOST EMPLOYEES NEVER SEE) and couldn't sustain the trend. we got on a half-ass high deductible plan that isn't like insurance at all.

 

this insurance issue is pre-Obama and it's ridiculous to peg him and "socialism" as the cause of freelancers/sole proprieters insurance woes. btw, as much as your buddy mAssimo wants to throw that asshat Beck under the bus, his posts look like they come straight off of Glen's chalkboard.

 

 

i agree with the general sentiment; delete every page past the first one (and half of your original post because it looks like your baiting us)

 

 

 

 

* pre-ObamaCare

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this is exactly my point... there were issues with insurance companies before you had to deal with them. the company i worked for last year had to switch to a different (less awesome) insurance company because they doubled premiums annually* (a cost MOST EMPLOYEES NEVER SEE) and couldn't sustain the trend. we got on a half-ass high deductible plan that isn't like insurance at all.

 

this insurance issue is pre-Obama and it's ridiculous to peg him and "socialism" as the cause of freelancers/sole proprieters insurance woes. btw, as much as your buddy mAssimo wants to throw that asshat Beck under the bus, his posts look like they come straight off of Glen's chalkboard.

 

 

i agree with the general sentiment; delete every page past the first one (and half of your original post because it looks like your baiting us)

 

 

 

 

* pre-ObamaCare

 

 

There's no doubt that healthcare was a mess long before this administration and there are countless examples why. I believe that part of the anger of most people with Obamacare -and its dismal poll numbers- comes from the huge disappointment of wasting a great chance to fix the system for once and for all. Let's leave it at that.

My posts are just common sense stuff that's been around for years. I'm glad if Glenn Beck has been waking up people to old ideas. I still think his agenda has a sinister side to it.

 

As a freelancer I can only hope that my state fights the unconstitutional mandate in the HC law to begin with. Raising rates to clients who at the same time will see their own HC costs skyrocket doesn't sound very attractive to me.

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I don't see raising rates as sticking it to a client who is also seeing their rates rise. Go buy a piece of plywood or sheetrock at home depot. The prices are constantly being adjusted to cover fuel costs for transport. Healthcare is just another cost of doing business. Forget about sole proprietors, small businesses have it worse. There will be many more companies hiring 1099 employees in the coming years to avoid this mess. What's been bothering me lately is that I've seen some places that are paying freelance rates that are simply way too low for someone to make a living off of.

Really it's looking like the hourly wage of someone with benefits. Freelance rates have always been higher than this for obvious reasons. Lately, I don't know. We could be looking at a career path which tops out at a level which isn't viable as a longterm career. We're not there yet, but I am concerned about what I'm seeing. Hopefully this is just about getting through the recession. Personally, I believe and hope that the future sees more people working either freelance, and/or from home. -kinda getting off track here, but you get the picture.

 

 

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Calling morons to those who know much better than you proves my point. You think you are so smart, yet you "reason" with your feelings. Typical. You wouldn't know common sense if it hit you in the face.

But I get where all that anger and hurt feelings come from. Must be hard to look around and see people worldwide awakening to the horrid results of decades of your beloved left-wing policies. But they must be lacking critical thinking, right? That's what your people have been working on for ages, I'm glad to see the plan is starting to fail.

 

(BTW, Glenn Beck is a sock puppet, another proven point of your cluelessness...)

 

What made you think i take Glenn Beck seriously?

 

And regarding the morons: the party that won the elections gloriously has an electorate that does kneejerk-voting exclusively, AND it is the demographic with the lowest education in the Netherlands. That's not my opinion, it's well established fact.

 

BUT WE'RE IN THE MOGRAPH SPINZONE! the zone where lack of intellectual capacity is regarded as intelligence by some.

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The problem has to do with the cost of healthcare, and unfortunately nobody seems to have a plan to fix that.

$8 for a single aspirin and $900 for a five minute ultrasound....

 

I hate to be contributing to the lost topic... but I have to agree with this. If the cost of healthcare was regulated, insurance would be cheaper. I think reforming insurance - not healthcare - is a backwards way of attacking the issue at hand. I suppose it was all a gimmick to make having a private insurance plan mandatory.

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And regarding the morons: the party that won the elections gloriously has an electorate that does kneejerk-voting exclusively, AND it is the demographic with the lowest education in the Netherlands. That's not my opinion, it's well established fact.

 

Link?

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The problem has to do with the cost of healthcare, and unfortunately nobody seems to have a plan to fix that.

$8 for a single aspirin and $900 for a five minute ultrasound....

 

I think a lot of people have great ideas to reduce healthcare costs. The problem is we'll have to wait till 2012.

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