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Xolodno

(7,303 posts)

10. If you want better care, standards, etc. The money has to come from somewhere.

Reply to Silent Type (Reply #9)

Fri Dec 6, 2024, 08:26 PM

Dec 2024

You want to defend exec's making more than they should, be my guest. Doctors cheat? Sure, but its not widespread like you're making it out to be. Do insurance companies screw over policy holders? In the Health Ins. they sure do. At P&C carriers, we're so highly regulated if we did what Health Ins. Co's did, people would end up in jail.

We're done here.

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Insurance companies did quite well this year. Here is their report thru 3rd quarter 2024. [View all] flying_wahini Dec 2024 OP

DuRec leftstreet Dec 2024 #1

My same insurance double from 2024 to 2025. Deductible increased 30%. LizBeth Dec 2024 #2

Wow that's a lot! flying_wahini Dec 2024 #18

Assuming info correct, the profit margin of roughly 3% is low compared to banks, dining, drugs, education, Silent Type Dec 2024 #3

There are ways to game it. Xolodno Dec 2024 #4

3.3% seems to be norm for industry. Jets, etc., get expensed out over years. If they paid their Execs a Billion Silent Type Dec 2024 #7

You missed my point. Xolodno Dec 2024 #8

Fine. Take an insurer like UHC with 25 M covered people. Pay the execs nothing and you'd Silent Type Dec 2024 #9

If you want better care, standards, etc. The money has to come from somewhere. Xolodno Dec 2024 #10

$100 B in improper billing a year for Medicare and Medicaid according to HHS/CMA. Silent Type Dec 2024 #12

Go on.... Xolodno Dec 2024 #13

Like your company never underpaid on a claim or had a contractor cheat you. Besides, I thought you were done. Silent Type Dec 2024 #14

This message was self-deleted by its author Silent Type Dec 2024 #15

BTW, what was your company's profit margin? Probably more than health insurance. Silent Type Dec 2024 #16

Looks like Obamacare has worked out ok for them. jalan48 Dec 2024 #5

My insurance went up 10 dollars RANDYWILDMAN Dec 2024 #6

WHAT THE ABSOLUTE FUCK!!!!!!!!! a kennedy Dec 2024 #11

And United... Ollie Garkie Dec 2024 #17

If you pay them and they deny, defend and depose I'm quite sure it helps their bottom line Always Blue Dec 2024 #19