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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (870963)7/7/2015 12:34:26 PM
From: i-node  Read Replies (2) | Respond to of 1578032
 
>> Those increases, as in the past before ACA, have to be approved.................

But you understand that insurance companies have to make money or the system doesn't work. They can hold down prices for a year or two and take a hit to get enrollment stabilized. But at some point they're going to have to be paid what it costs.

The Left continues to look for free lunches and they do not exist. The cheapest lunch you can get, on a consistent basis, is where there is competition.

I'm not sure why you guys can't understand that simple concept.



To: J_F_Shepard who wrote (870963)7/7/2015 2:18:17 PM
From: Broken_Clock  Respond to of 1578032
 
they will be

it's the law

from Healthcare.gov

Think of it this way:

You're a massive health insurer. Would you rather pay the CEO and other bosses from 20% of a billion dollars profit or 20% from $5 billion dollars profit?

The scam is conceived to escalate healthcare costs, not diminish them. Insurers actually want hospitals and drug companies to raise prices.

Rate ReviewRate Review helps protect you from unreasonable rate increases. Insurance companies must now publicly justify any rate increase of 10% or more before raising your premium. This does not apply to grandfathered plans.

80/20 RuleThe 80/20 Rule generally requires insurance companies to spend at least 80% of the money they take in on premiums on your health care and quality improvement activities instead of administrative, overhead, and marketing costs.

healthcare.gov