How much do you meditate Private Insurance Companies will "Lower" their rates if they acquire their Co-Ops?
I can't believe how I'm laughing hysterically as I'm writing this.
These are the same guys who TRIPLED their rates in the ultimate 8 years!
"Tort reform" will do nothing - it only affects 5% of their costs.
Crossing State lines will also do nil - the companies will just raise their rates to accomodate the customers from high risk areas, and they're all owned by the same Corporate conglomorates anyway!
SO - how long do you feel it will be until they double their rates AGAIN?!?
Answers:
They'll double in 5-10 years (simple math really). Co-Ops or a public option ARE NOT going to lower the cost of the attention. Tort reform would be a good first step to lower the liability coverage costs for doctors which would directly lower the amount they'd hold to charge.
You have to lower the cost of the care if you want insurance rates to come down.
Private insurance doesn't do 'coops'. Right very soon, for the most part, insurance companies pay out contained by claims, about what they take within, in premiums. They don't make their profits bad of premiums.
So if the higher risk - higher claims populace move from private insurance to coops, the rates CAN go down. But if they don't, rates can't go down.
As long as we hang on to getting fatter and fatter, rates are going to keep going up.
After all, insurance, is adjectives about SHARING CLAIMS. People forget that!!
Related Questions:
These are the same guys who TRIPLED their rates in the ultimate 8 years!
"Tort reform" will do nothing - it only affects 5% of their costs.
Crossing State lines will also do nil - the companies will just raise their rates to accomodate the customers from high risk areas, and they're all owned by the same Corporate conglomorates anyway!
SO - how long do you feel it will be until they double their rates AGAIN?!?
Answers:
They'll double in 5-10 years (simple math really). Co-Ops or a public option ARE NOT going to lower the cost of the attention. Tort reform would be a good first step to lower the liability coverage costs for doctors which would directly lower the amount they'd hold to charge.
You have to lower the cost of the care if you want insurance rates to come down.
Private insurance doesn't do 'coops'. Right very soon, for the most part, insurance companies pay out contained by claims, about what they take within, in premiums. They don't make their profits bad of premiums.
So if the higher risk - higher claims populace move from private insurance to coops, the rates CAN go down. But if they don't, rates can't go down.
As long as we hang on to getting fatter and fatter, rates are going to keep going up.
After all, insurance, is adjectives about SHARING CLAIMS. People forget that!!
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