Kiss Your Private Insruance Good-Bye

[Sun Devil 92]

ER's are closing in pandemic proportions, walk-ins are opening quicker than sh*t thru a goose

why?

JACHO

~S~

Most not all ER's and hospitals closed in the states that refused to expand Medicaid. Medicaid and Medicare payments kept them afloat.

Maybe the E.R.'s needed to close.

 

[Sun Devil 92]

No left wingers arguing to the contrary.

 

[g5000]

“Every dollar of profit that an insurance company made last year,” she told a CNN panel after the debate, “was made by saying one word: No.”

That's a total lie.

Insurance companies make most of their profits from investments.

Warren is either stupid or deliberately lying to the rube herd.

 

[g5000]

How Do Insurance Companies Make Money?

Insurance companies also make a bundle of money via investment income.

When an insurance customer pays their monthly premium, the insurance company takes the money and invests in the financial markets, to increase their revenues.

Since insurance companies don't have to put cash down to build a product, like an automaker or a cell phone company, there's more money to put into an insurer's investment portfolio and more profits to be made by insurance companies.

That's a great money-making proposition for insurance companies. An insurer gets the money up front from customers, in the form of policy payments. They may or may not have to pay off a claim on that policy, and they can put the money to work for them right away earning investment income on Wall Street.

Insurance companies have an out, too, if their investments go south - they just hike the price of their premiums and pass the losses on to customers, in the form of higher policy costs.

 

[Sun Devil 92]

“Every dollar of profit that an insurance company made last year,” she told a CNN panel after the debate, “was made by saying one word: No.”

That's a total lie.

Insurance companies make most of their profits from investments.

Warren is either stupid or deliberately lying to the rube herd.

She has to say that. It's what she has them hooked on thinking.

She wants a huge "S" on her chest when she takes on Lex Insurance.