Insurance companies have been socialized.

[resident_evil]

Insurance companies have been socialized. When 85% of revenues have to be paid back out to claims (or in surplus to customers) you have socialized health insurance. We are going to have insurance companies and healthcare providers conspiring to create higher prices because of this 85% idea because they will both make more money. I hope math challenged liberals get this. Liberals are blinded by their regulatory zeal.

http://www.hhs.gov/healthcare/facts/timeline/timeline-text.html

 

[PhilFish]

Insurance companies have been socialized. When 85% of revenues have to be paid back out to claims (or in surplus to customers) you have socialized health insurance. We are going to have insurance companies and healthcare providers conspiring to create higher prices because of this 85% idea because they will both make more money. I hope math challenged liberals get this. Liberals are blinded by their regulatory zeal.

http://www.hhs.gov/healthcare/facts/timeline/timeline-text.html

higher deductibles will be the offset.

 

[resident_evil]

higher deductibles will be the offset.

No, the insurance companies and doctors will both want more usage and that will require higher premiums. With higher premiums more people will want their money's worth. I would, as an insurance company, jigger the deductibles to maximize my profit at higher prices provided by doctors.

 

[PhilFish]

No, the insurance companies and doctors will both want more usage and that will require higher premiums. With higher premiums more people will want their money's worth. I would, as an insurance company, jigger the deductibles to maximize my profit at higher prices provided by doctors.

well yeah...what i said.. deductibles will be the offset..

 

[resident_evil]

well yeah...what i said.. deductibles will be the offset..

Sorry.

 

[resident_evil]

And of course the natural response is going to be for liberals in government to demand price controls. From that follows a one payer solution.

I'm sick of the mediocre left. :0)