US medical insurance companies are currently incentivized to create a *very* expensive system of care The ACA's 80/20 rule dictates that all administration + profits be <20% of premiums. Rising premiums mean higher profits, but premiums can't rise unless medical costs do
-
-
#68 with
@MartyMakary: https://peterattiamd.com/martymakary/ Who also wrote a book about this sort of thing: https://smile.amazon.com/Price-We-Pay-American-Care/dp/1635574110 …
End of conversation
New conversation -
-
-
Ermm working in an HMO I see your point but also disagree. We have competition with other HMOs to keep cost down or lose membership as everyone is looking for cheap alternatives but our hands are tied in a few ways..
-
1) Health systems are keeping oligopolies in many states. 2) state mandates you have coverage in all counties 3) means you need the health systems, state enforced their buying power and insurance can’t negotiate good rates
- 2 more replies
New conversation -
-
-
This is a stupid take
End of conversation
New conversation -
-
-
Since Obama said insurance company profits can only be a % of what they spend, now they WANT to spend AS MUCH AS POSSIBLE! SO STUPID!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
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.