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Remove the requirement to spend 80% of premiums on care. Right now there's no incentive for providers to keep their costs low, which hurts people both with and
by Uvix 2y ago
Remove the requirement to spend 80% of premiums on care. Right now there's no incentive for providers to keep their costs low, which hurts people both with and without insurance.
- viraptor 2y agoThat would just cause more money going to the insurance company itself. What positive result comes out of that?
- Uvix 2y agoCare before the deductible is met will be more affordable, because insurance companies will negotiate lower rates with providers.
- viraptor 2y agoThey can negotiate any price they want at any point. That means pre-deductible price can stay high, but afterwards the provider pay is low and the insurer profits are high. The accounting has enough slack in the way billing's done that it can be achieved in many ways. That change has no benefit at all for the insured (unless you assume the insurer cares about them...)