It exploded last week: a legal requirement that companies spend 80% of premiums on expenditures for covered expenses, when the average was something less than that before. The administration accomplished this feat by publishing a list of qualifying medical expenses through HHS.
Isn't that nice of them.
The best part: some companies get 85% as the number.
So, once again, it's death by 1000 cuts - health insurance companies must live and die by the federal government's whim, not by serving their customers. Insurance has been regulated plenty before, of course, but this is just over the top.
When we look back in a decade or so at how health care has deteriorated, some folks will still be asking "Wot happend?"
This guy's perspective is that it's GOOD for the system, eliminating or hurting all those evil for-profit insurance companies. He points out that there will always be a health insurance system for "those who can pay for it."
I can pay for mine now. I can even pay for my kid's health care now since BCBSTX figured out a way to weasel out of paying for it. I just can't afford to pay for other people's health care or poor decisions.
I think he's talking about allocating health care the way they allocated Zil limousines in Soviet Russia. OF COURSE there will always be a system "for those who can pay for it." Or those who know the right folks. Or those who have certain names. Etc.
Isn't that nice of them.
The best part: some companies get 85% as the number.
So, once again, it's death by 1000 cuts - health insurance companies must live and die by the federal government's whim, not by serving their customers. Insurance has been regulated plenty before, of course, but this is just over the top.
When we look back in a decade or so at how health care has deteriorated, some folks will still be asking "Wot happend?"
This guy's perspective is that it's GOOD for the system, eliminating or hurting all those evil for-profit insurance companies. He points out that there will always be a health insurance system for "those who can pay for it."
I can pay for mine now. I can even pay for my kid's health care now since BCBSTX figured out a way to weasel out of paying for it. I just can't afford to pay for other people's health care or poor decisions.
I think he's talking about allocating health care the way they allocated Zil limousines in Soviet Russia. OF COURSE there will always be a system "for those who can pay for it." Or those who know the right folks. Or those who have certain names. Etc.
