So what happens

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So what happens

Lee — 8/22/2009 6:33:07 PM (archived)

when an insurance company has to pay out more than they take in? They'll have to raise their rates on everyone until they're back in the black. The government on the other hand (which is running $1.5+ TRILLION deficits every year) doesn't mind losing money. How are companies suppose to compete with that?

The whole thread (16 posts)

September 15 is drop dead date for bipartisan healthcare reform - Buck Galaxy - 8/22/2009 3:43:56 AM
- It'll pass in some form, then the deficits will come home to roost. - Lee - 8/22/2009 7:03:35 AM
  - What you describe is exactly what will happen WITHOUT reform. (n/t) - Buck Galaxy - 8/22/2009 7:13:52 AM
    - They're running $1.5 TRILLION deficits now. - Lee - 8/22/2009 9:33:53 AM
- Endgame strategies - Buck Galaxy - 8/22/2009 3:49:49 AM
  - re: Endgame strategies - Marcia - 8/22/2009 4:12:09 AM
    - People who like their health insurance can keep it. (n/t) - Buck Galaxy - 8/22/2009 4:30:51 AM
      - For a while. - TB - 8/22/2009 6:31:20 AM
        
        re: For a while. - Doug Ellison - 8/22/2009 10:35:39 AM
        
        re: For a while. - TB - 8/22/2009 6:55:21 PM
        
        Private insurance will have an opportunity to prove if they deliver any value to the system - Buck Galaxy - 8/22/2009 7:15:31 AM
        
        You're not hearing any of this, are you? - TB - 8/22/2009 7:24:24 AM
        
        Your example - Buck Galaxy - 8/22/2009 4:06:22 PM
        
        So what happens - Lee - 8/22/2009 6:33:07 PM
        
        Ways to compete - Buck Galaxy - 8/23/2009 1:36:11 AM
        
        Where are you getting these numbers? - TB - 8/23/2009 4:18:53 AM

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