Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Nachum
The healthcare law attempts to address this by requiring insurers to spend at least 80 cents of every dollar they collect in premiums on medical care, rather than on administrative expenses...

So they have to collect larger premiums in order to make up the lost administration costs?

The average cost of an employer-provided family health plan jumped 4% to $15,745 between 2011 and 2012, a cost shared by employers and employees, according to an annual survey released in September by the Kaiser Family Foundation and the Health Research & Educational Trust.

So...which is true? Did the average cost jump 4% or did consumers save $1.5 billion? Is this Democrat math where the cost WOULD HAVE jumped by 1.5 billion more (says Ms. Chloe) if it weren't for Obama's wonderful plan?

22 posted on 12/05/2012 6:23:09 PM PST by Washi (Socialism is Slavery)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Washi

They have to raise their premiums a lot, to pay for the non-medical-care costs. For example, costs of building and renovating the new Kaiser facilities in CA are increasing, due to compliance with green building codes and other red tape.


99 posted on 12/06/2012 12:50:55 AM PST by rfp1234 (Arguing with a liberal is like playing chess with a pigeon.)
[ Post Reply | Private Reply | To 22 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson