Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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? -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (8154)	8/11/2009 4:15:38 PM
From: Lane3	2 Recommendations Read Replies (1) \| Respond to of 42652

Assuming they have a relatively fixed gross profit percentage, then higher health care payouts will deliver a higher gross dollar return. What makes you think their profit is based on a percentage of their payouts? Where did that assumption come from? They obviously are not policing the marketplace from a cost perspective. That's a curious statement. Insurance companies now set payment rates. Sometimes they negotiate them with the providers in preferred provider plans. Providers agree to accept less than they bill when they participate in an insurance company's plan. So the insurance companies are doing something to lower prices. Could they do more, maybe, but there are limits as to how much they can reduce their payments without risk losing providers and thus customers. So I don't see how "they obviously are not policing." What else would you have these holders of such great power do to lower prices.