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Health insurance companies are running out of time and they know it, this is their last ditch effort to get as much money as possible. There is no point to lowe
by unabridged 9y ago
Health insurance companies are running out of time and they know it, this is their last ditch effort to get as much money as possible. There is no point to lower prices, why gain market share if there is no "later" when you can extract more profit? Why enter the health insurance market if you are not sure how long it will last?
- refurb 9y agoHuh? You think it's the insurance companies who are making the profit? You do realize that ACA caps their margins, right?
- projectileboy 9y agoBut only on policies issued through ACA marketplaces, no? Most health insurance in the US comes through employers.
- spectrum1234 9y agoHealth insurance companies don't make money. (~3.3% profits, vs US historical average of %8.5)