Great, next time I do my annual training on health insurance administration and Medicare I'll tell my instructor you said that.
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Appeal to authority noted, though it is not an actual argument.
You want higher profits caps for insurance companies? ummm ok, that is a paragraph long amendment to ACA.
But how the fuck is that going to bring down insurance costs for people?
As I pointed out in my original post, that's just one part. The cap on profits makes it untenable for the insurers to have two bad years in a row, and since it has been so difficult for them to project utilization with so many unhealthy people on their censuses, it's not worth it for them to take the chance.
They have to cover everything, including maternity. They have to cover everyone, knowing that healthier people would rather just risk a penalty than get coverage. On and on. They can't get premiums down in that environment. So, they're just doing what they're supposed to do: They're pulling out. The thing is collapsing as we speak, just as many of us were screaming when it was announced.
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