@MorlockP @asymmetricinfo @gideonstrumpet I've found this one of those things that some will not believe no matter what evidence presented
Insurance companies not v. profitable; no big savings http://voices.washingtonpost.com/ezra-klein/2011/02/health-insurance_industry_stil.html … via
http://www.bloomberg.com/news/2013-11-14/obamacare-is-whatever-obama-says-it-is.html … (@asymmetricinfo) @gideonstrumpet
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@MorlockP@asymmetricinfo@gideonstrumpet or the response is: "insurance companies shouldn't be allowed a profit"Thanks. Twitter will use this to make your timeline better. UndoUndo
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@MorlockP@asymmetricinfo@gideonstrumpet Caveat "profit" doesn't mean what you think in heavily regulated industries.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@MorlockP@asymmetricinfo@gideonstrumpet e.g. some states' power companies have regulatorily set profit ratios. (1/2)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@MorlockP@asymmetricinfo@gideonstrumpet they increase earning by driving costs UP, not down. That's bad for everyone (2/2)Thanks. Twitter will use this to make your timeline better. UndoUndo
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