3 ms·
I just happened to bump into this article, describing how Wellmark Blue Cross Blue Shield, "the dominant company in [Iowa]’s individual insurance market", is pu
by CWuestefeld 10y ago
I just happened to bump into this article, describing how Wellmark Blue Cross Blue Shield, "the dominant company in [Iowa]’s individual insurance market", is pulling out of the market, leaving only one provider standing. Their explanation is that a primary driver is a single patient whose care is costing on the order of $1M per month.
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-iowa-20170424-story.html http://www.latimes.com/business/hiltzik/la-fi-hiltzik-iowa-2...
- Dylan16807 10y agoThat is a serious problem, but it's solvable. As a country we can handle these patients. Like the article says, full-on single payer wouldn't have that problem. Or we could force all insurers to pay into a pool that covers super-expensive patients.