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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (702423)	1/30/2020 2:33:45 PM
From: skinowski	Respond to of 794001

>>> If there was an epidemic I wonder if you see some insurance companies going BK under the financial strain.<<< I guess something massive would get them in trouble. Many years ago, I was a member of a large medical group of maybe a couple of hundred docs - and we had a “total risk” deal with Medicare. We paid hospitals, doctors, everybody. I served (regrettably, unpaid) on their board. We used to purchase re-insurance - for extremely costly cases. I’d expect that health insurance companies have similar arrangements, for situations when expenses get out of hand.