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Biotech / Medical : Oxford Health Plan (OXHP) -- Ignore unavailable to you. Want to Upgrade?

To: Peter E. Thorpe who wrote (1052)	2/14/1998 5:14:00 AM
From: Thomas Haegin	Respond to of 2068

Pete, thanks very much for your kind wors. I like this board a lot because we have some great people here that I learn from a lot, too. << I still think demographics is the long term solution that will make any US healthcare concern successful. >> Do you think of the general aging trend of the population that is going on? We have it in Switzerland for sure, I think some folks pointed out that it's going in the U.S. as well. I'm not sure that this particular trend is by itself helpful to any health care system (or Co.) because the older people are normally the ones inflicting relatively higher costs on the HMO. I think all HMO's prefer to sign up younger people because chances are (normally) higher to be presently profitable with a "healthy" 30-year old sales manager who works 12 hours a day and drinks 1 liter of coffee a day <g> than with a 60+ year old who is 40 lbs. overweight and does zero exercising/sports. Even if the older member must pay significantly higher premiums, come his first heart attack and the HMO will be unprofitable with him, going forward anyway. In all, the younger the HMO membership base, the easier it is to manage the business, IMO. Maybe you meant something else - please fire back if so inclined :-) Thomas