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Posts: 158
I just glanced at that healthcare article. Is there any evidence that the healthcare companies are enriching themselves with the premium % increases? -- nm
Posted by
Max
Oct 24 '16, 16:06
(No message)
Responses:
some have taken larger than expected losses on ACA exchanges but nobody's going broke in the marketplace as a whole -- (link)
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mr monkey
Oct 24, 16:12
Don't they have to give back profits in excess of a certain percentage anyway? -- nm
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znufrii
Oct 24, 16:11
2
admin costs, over 20% of premiums collected -- nm
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mr monkey
Oct 24, 16:12
1
[deleted]
[deleted]
4
I assume he means insurers, but their profits are capped I believe.The problem for the insurance companies is that there are still not enough healthy
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pmb
Oct 24, 16:13
3
[deleted]
2
The one article I read a few months ago said that doctors weren't making as big profits as they were before.
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Arrroooo!!!
Oct 24, 18:02
I'm having trouble parsing your post above, but it sounds like premiums are going up because the demand for healthcare use is going up.
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Max
Oct 24, 17:23
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