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They absolutely would have to pass along a lot of the cost savings to patients, otherwise they would lose those patients to other companies. But I can apprecia
by GarrisonPrime 7y ago
They absolutely would have to pass along a lot of the cost savings to patients, otherwise they would lose those patients to other companies.
But I can appreciate that your pet preferences prohibit you from believing this is so.
- aabeshou 7y agosure, and by the same logic, any health insurance company who rejects claims unfairly should be supplanted by a competitor who will not and who will scoop up all those patients. unfortunately the health care market and system do not meet the assumptions that are implicit in your line of reasoning, and we do see a lot of such anti-consumer behavior by health insurance companies, even as the profits of health insurance companies soar (proving that they are not at the 0 margin that naive economic reasoning would predict)
- colechristensen 7y agoIt's both. Everybody takes a cut of the benefit for a good long while.
- dang 7y agoPlease don't be snarky or cross into personal attack. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html