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I like the subtle threat at the end where Blue Cross says they'll punish Louisianans for this.
by SpaceNoodled 2y ago
I like the subtle threat at the end where Blue Cross says they'll punish Louisianans for this.
- gruez 2y agoThat's how insurance companies are supposed to work? The current price they were charging was presumably based off the assumption that they didn't have to pay 2-4x more for "advanced surgeries". If as a result of this court case it turned out they did, you'd expect prices to go up. It's not any different than insurance companies raising prices after a major disaster.
- SpaceNoodled 2y agoYeah, can't have this eat into their profits.
- pokerface_86 2y agoin 2023 BCBS had an operating margin of 1% in one of the states i looked at, 0% in another, in california seems to be around 2%. they don’t operate with crazy profits, and insurance is HEAVILY regulated anyway. i expect better from HN
- deleted 2y ago[deleted]