Posted on Aug 8, 2017
From Anthem to Aetna, major health insurers are leaving ObamaCare marketplace
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Surely not! Just a flesh wound (Monte Python In search for the holy grail)
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LTC Orlando Illi
Black Knight - Monty Python and The Holy Grail
You can pre-order the new 40th anniversary Blu-Ray release here: US -http://www.amazon.com/dp/B013P0WZVS UK - http://www.amazon.co.uk/Monty-Python-Anniversar...
Sgt Wayne Wood - one of my favorite Monty Python Sketches
https://www.youtube.com/watch?v=dhRUe-gz690
https://www.youtube.com/watch?v=dhRUe-gz690
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Any approach for universal coverage without addressing the increasing projected rise in health care cost is flawed out of the gate as they go hand in hand.
We seem fixated on making insurance affordable yet not healthcare - very cleaver wordsmithing in the title of the Affordable Health Care Act - which is 100% about insurance and 0% about health care costs. Seems like the Affordable insurance Act would be more appropriate.
A big part of the problem is insurance companies act as surrogates for us in brokering the cost of health care yet they don't allow us to dictate demand for lower costs - they do - sort of. Insurance companies need health care cost to remain high enough to make it worth it for individuals to want it yet low enough for them to still be profitable - lowering the actually cost of healthcare works against their business model. As well the mandates take a cut.
While I think most insurance companies once welcomed the influx of customers forced upon them I think many now having tested the model have real numbers and are bowing out due to loses. Once again proving it was never about making health care affordable - more so health insurance profitable.
We seem fixated on making insurance affordable yet not healthcare - very cleaver wordsmithing in the title of the Affordable Health Care Act - which is 100% about insurance and 0% about health care costs. Seems like the Affordable insurance Act would be more appropriate.
A big part of the problem is insurance companies act as surrogates for us in brokering the cost of health care yet they don't allow us to dictate demand for lower costs - they do - sort of. Insurance companies need health care cost to remain high enough to make it worth it for individuals to want it yet low enough for them to still be profitable - lowering the actually cost of healthcare works against their business model. As well the mandates take a cut.
While I think most insurance companies once welcomed the influx of customers forced upon them I think many now having tested the model have real numbers and are bowing out due to loses. Once again proving it was never about making health care affordable - more so health insurance profitable.
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