ST Alpha - "It would reduce fairly meaningfully. Insurance brokers, claims determinations would presumably be much more limited, etc." (Reading a Post)

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In response to "Exactly - it's not like we go to Medicare for All and it wipes out all the people who work in the industry. nm" by Turd Ferguson

It would reduce fairly meaningfully. Insurance brokers, claims determinations would presumably be much more limited, etc.

Posted by pmb (aka pmb) Mar 4 '20, 11:01

No limits or co-pays or deductibles to be managed. That is part of its efficiency, but also why it would have significant consequences that are not intended.

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Probably so - but you also have to factor in that there will be even more focus on waste and proper billing. - Turd Ferguson Mar 4, 11:08 1
- I think you have that backwards. Insurance companies profits depend on not paying for things they don't have to. If you think the government is - pmb Mar 4, 11:15

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It would reduce fairly meaningfully. Insurance brokers, claims determinations would presumably be much more limited, etc.

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