“In 2014, Oregon insurers collected $703 million in premiums, but paid out $830 million on their plans”
I don’t see the problem. Isn’t this how it was supposed to work?
Sounds like someone is not getting a big enough payoff.
They’ll make it up in volume.
“In 2014, Oregon insurers collected $703 million in premiums, but paid out $830 million on their plans”
So they paid out 85% of what they collected. Sounds about right, given the Obamacare rules. What are they complaining about?
...or maybe I have it upside down - whatever, I’m a liberal (for this posting) and love Obamacare so much that I’m willing to allow some ‘creative’ math.