Underwriting and risk is not that difficult to understand ..... Originally Posted by flghtr65Especially when the taxpayers are doing the "underwriting"!!!
"Slightly65" .... you are beating a dead horse.
The quivering makes you think it's still breathing.
Your obsession with "premiums" is causing you perception problems. Supplemented premiums, which accounts for a "reduction," simply shifts the burden to the taxpayers, and the "risk" of having to pay claims is shifted in part back to the consumers by increasing copays and deductibles while decreasing coverage and "blocking" coverage for "new procedures and drugs" coming into the market.
There's an OLD relevant statistic (older than you are obviously) that says the identification of diseases and conditions that "REQUIRE" hospitalization is DIRECTLY related to the number of available BEDS in the system. If you don't know how that relates (or don't want to understand it) to the current "downsizing" of medical care being provided to consumers, then YOU DON'T KNOW SHIT ABOUT "UNDERWRITING" AND "RISK" MANAGEMENT!
While you keep pumping hot air into the deflating raft of "Obamacare" (the amount of hot air in the raft is directly related to HIS DEPARTURE FROM OFFICE (in case you hadn't noticed), and the PRIVATE insurance companies ARE GOING BROKE ... EVEN WITH GOVERNMENT SUBSIDIES.
DRINK SOME MORE SNAKE OIL.