Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: NOW who wrote (23844)	10/3/2000 1:52:23 AM
From: patron_anejo_por_favor	Read Replies (2) of 436258

<<tell me what in the heck is goin' on here>> Strictly speaking, UNH is not an HMO. They're a multi-line health insurance company (that does a substantial amount of managed care). What's happened lately is that health care premiums are rising dramatically (a significant and frequently overlooked source of employment cost, BTW), and they're "sticking" (meaning pretty much all carriers are asking from 20-80% more annually per covered life...and they're getting it). That's good for UNH because they're the bookie, if the bet (premium) is bigger they will earn more. For a charming little anecdote about this, read the Inflation Chronicles at the end of this version of Fleck's Contrarian.

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