KevinWestern
Hello
- Thread starter
- #101
1. 80% of the profits can't be taken by the CEO and given to share holders. They must be used on customers.
Medical Loss Ratio - Centers for Medicare & Medicaid Services
Sallow, are you aware that profit margins for insurance companies are traditionally not that high to begin with (somewhere in the neighborhood of 4-5%)? This margin is actually much lower than many other industries like telecommunications and retail. If the margin was like 20%, then fine we'd have something to work with... but 4%??
How is that going to drive down costs?
2. Which is all the more reason to get everyone coverage.
The Uninsured: Access To Medical Care
3. We live in a country of close the 300 million people. There were something like 45 million uninsured. Thinking that rolling out such a big program without some displacement is magical thinking. And I'm interested where all the GOP folks were when Medicare Part D was "failing" for 4 months? Oh yeah, they were begging Democrats to be patient. And? Democrats actually helped make it work.
Look, all I've noticed so far is that premiums have skyrocketed. If I paid $200 month before ACA and $400 month after ACA, how am I better off? Where is the savings or affordability associated with the name of the bill? And it's not an unfair thing to say that premiums are rising across the board...
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