SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (13396)2/11/2010 12:05:09 PM
From: Lane3  Read Replies (1) of 42652
 
So the risk pool is getting much worse and payouts increasing at the same time that premium revenue is decreasing.

Well, if that's really the case, and it's really bad enough the premiums have to go up that much, I don't see how you can fault Anthem. What else would you have Anthem do? They could restructure their policies, I suppose, if California regulation allows that. Or they could ask for a bailout. What else?

The model seems to be broken... the more they make the premiums less affordable the more worse the risk pool will get which means they have to raise premiums which makes the risk pool worse which ... ... ... ... ...

Maybe the ObamaCare edict that everyone has to have insurance doesn't look so bad???


Yeah, there's a spiral. Not as sure as you that mandatory insurance is the answer, though. It would be a temporary measure. You'd get a one-time infusion of healthy policy holders and that would lower rates. But the cycle would continue, just at a lower level. You're temporizing, that's all. We need long-term solutions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext