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Bettie

(17,352 posts)
14. Honestly, it's probably
Thu Dec 12, 2024, 03:17 PM
Thursday

spank bank material. So, they are paying attention because the love the outrage and the idea of people losing everything if they get sick.

Also, if they take the ACA away, the insurance companies won't have the 80/20 rule anymore:
https://www.healthcare.gov/health-care-law-protections/rate-review/#:~:text=The%2080%2F20%20Rule%20generally,%2C%20overhead%2C%20and%20marketing%20costs.
The 80/20 Rule generally requires insurance companies to spend at least 80% of the money they take in from premiums on health care costs and quality improvement activities. The other 20% can go to administrative, overhead, and marketing costs.

So, they can even reverse it, 80% Overhead (including executive compensation) 20% or less patient care. Collect the premiums, pay practically nothing in claims.

Also, if they take the ACA down, no more annual checkups or cancer screenings without digging in your own pocket for the cash.

And then, another pandemic will come along and people won't be able to afford to go to the doctor...

Sounds awesome. Just fucking great.

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