The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31142
Likes: 52653


I understand all that, but lack of competition would ultimately lead to


outsized profits and the ACA has provisions the stop that. So if this was just lack of competition that allows a single insurance company to "gouge", they'd still have to demonstrate that they were paying out 80% of their premiums in direct healthcare costs. After administrative costs, that puts a cap on profits.

(In response to this post by 111Balz)

Posted: 07/20/2018 at 09:25AM



+1

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Current Thread:
 
  
Advocacy Group Works to Fight Optima's Healthcare Rates -- PalmyraHoo 07/20/2018 07:16AM
  It is not health csre, it is health insurance. -- PalmyraHoo 07/20/2018 08:59AM
  It's insurance plus out of pocket ** -- 111Balz 07/20/2018 09:23AM
  Stevie Wonder would pay less for auto insurance. -- PalmyraHoo 07/20/2018 07:43AM

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