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Right now each individual hospital eats and writes off a massive amount of indigent claims. A lot of that is about to be shifted onto the insurance companies.
by swamp40 13y ago
Right now each individual hospital eats and writes off a massive amount of indigent claims. A lot of that is about to be shifted onto the insurance companies.
Also, there are a lot of people out there today who are suffering, but don't have the insurance to pay for their operations, medication, etc.
If it's not life threatening and they aren't on medicare, etc, right now they are unserved.
I hope people don't get the wrong impression that I feel sorry for the insurance companies.
My perspectives are purely from an accounting point of view.
Companies will make their money first.
You can count on that, even if it leaves the average American with a poorer health-care experience than they enjoy today.