Quote:
Originally Posted by TheSenator
Some of the best/worst(depends on how you look at it) health insurance companies run at 25% profit margin. Meaning that for every dollar a customer pays 75% go towards medical care.
The new law requires that they use between 80 to 85% of every dollar towards medical care.
So, what this will create is more bloat in the system requiring health care providers to run more test before actually giving care. The more bloat the bigger the profit.
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Those figures are not profit margins. Those figures are what they must keep in a "lock box" for payouts on medical care.