Fixed indemnity vs actual cost will always be cheaper for the insurer on every lvl, puts all the homework of risk assessment on the customer
-
-
Replying to @arthur_affect
You can expect to see an explosion of such plans if they open the floodgates, esp if they can be paid for by tax subsidy
2 replies 4 retweets 14 likes -
Replying to @arthur_affect
Paul Ryan is all about the idea that for some person's "needs" the very low premium + the absurdly useless indemnity is the "right choice"
1 reply 5 retweets 21 likes -
Replying to @arthur_affect
Even if the actual math done by the actual actuaries at the company says otherwise, which is the whole damn reason they're selling it
1 reply 7 retweets 15 likes -
Replying to @arthur_affect
That's the whole problem w the damn industry, nobody actually can calculate what a "good deal" is on their own
1 reply 8 retweets 22 likes -
Replying to @arthur_affect
You have to go to school to become an actuary and have a bunch of tables built on years of research to actually make that assessment
2 replies 10 retweets 14 likes -
Replying to @arthur_affect
But we still treat random citizens' "freedom" to "shop around" as an intrinsic moral good that must be protected
1 reply 7 retweets 20 likes -
Replying to @arthur_affect
And yes, this is a problem with the ACA status quo and its Douglas Adams-esque "rigidly defined areas of doubt and uncertainty"
1 reply 5 retweets 8 likes -
Replying to @arthur_affect
Can't just have one plan, have to have gold/silver/bronze plans that shift money around based on your risk profile
3 replies 3 retweets 5 likes -
Replying to @arthur_affect
Which requires me to assess my own risk level of needing healthcare in the next year, which is fundamentally impossible
3 replies 4 retweets 10 likes
also it assumes everyone went to med school. There is no real way for a non-doc to even judge what's necessary in the moment.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.