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I've long believed greed is more destructive than envy.
WineHorror1 saysI've long believed greed is more destructive than envy.
Envy is very much what led to the current medical pricing disaster in the US. The real situation is even worse than what the article suggested: because ObamaCare has MLR ("Medical Loss Ratio"; i.e. payout percentage) requirement, a form of profit margin cap on insurance companies . . . therefore it is not at all in the interest of the insurance companies to negotiate for lower prices, but instead they would negotiate for higher prices! 15% profit cap on $100 spent is only $15 . . . whereas if the same drug costs $10,000, the profit allowed would be $1500. Since pre-existing conditions account for the overwhelming majority of insulin purchases, the total dosage and therefore total payout and total profit can be easily calculated ahead of time: the more insurance companies "force" themselves to pay for those pre-existing pu...
Reality saysWineHorror1 saysI've long believed greed is more destructive than envy.
Envy is very much what led to the current medical pricing disaster in the US. The real situation is even worse than what the article suggested: because ObamaCare has MLR ("Medical Loss Ratio"; i.e. payout percentage) requirement, a form of profit margin cap on insurance companies . . . therefore it is not at all in the interest of the insurance companies to negotiate for lower prices, but instead they would negotiate for higher prices! 15% profit cap on $100 spent is only $15 . . . whereas if the same drug costs $10,000, the profit allowed would be $1500. Since pre-existing conditions account for the overwhelming majority of insulin purchases, the total dosage and therefore total payout and total profit can be easily calculated ahead of ti...
So how is that not greed?
Like everything else in healthcare its a scam. Same reason no new antibiotics are being made can't make a profit on something that cures people.
I've long believed greed is more destructive than envy.
RC2006 saysLike everything else in healthcare its a scam. Same reason no new antibiotics are being made can't make a profit on something that cures people.
Is a scam greed or envy?
So how is that not greed?
I sell Obamacare health policies , and make good money doing it.
Thanks Obama, fucking crook
Can you give a URL with some documentation of that? Thanks!
Sales people are getting commissions to get people to sign up for a government benefit?
So how is that not greed?
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