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Insurance companies don't care if you're healthy - they just want to save money. Sure, they could prefer healthy customers, or they could select for lower risk
by anothernewdude 3y ago
Insurance companies don't care if you're healthy - they just want to save money.
Sure, they could prefer healthy customers, or they could select for lower risk populations. The latter is easier.
So instruction following and hoop jumping are the sorts of test that won't improve health incomes, but will select for good customers.
- nradov 3y agoThat's simply not how the medical insurance business works. Since the Affordable Care Act, insurers have almost no ability to pick and choose their customers. And since profit margins are capped there is like little incentive to "save" money by reducing medical expenses.
- hattmall 3y agoThat's not true because they can pick and choose where and what to offer based on geographic areas through the ACA plans. But even more selectively they can offer group plans to employers that incentivize maintaining a healthy workforce. Most unhealthy people don't work good jobs that provide insurance.
- anothernewdude 3y agoYour country is the bizarre case.
- sigstoat 3y ago> Sure, they could prefer healthy customers, or they could select for lower risk populations. The latter is easier. how are insurance companies (in the US) supposed to achieve this, when it is generally acquired through an employer?