Quote:
Originally Posted by TheSquealer
Yup! Those greedy bastards and their 2-3% profit margins! Obscene.
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That is precisely the problem.
Because insurance company margins are mandated to a limited %, the only way they increase profits is by increasing both gross revenues and total claim payouts.
So insurance companies have a vested interest in seeing healthcare costs go up.
ACA adding healthy people to the system means that the insurance companies need to pay out more on claims to meet their requirements, while growing their profits.