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To: pissant

Bill requires 80% payout in claims from health insurance providers. Daughter in law works for one whose payout now @ 67%, Results she expect her company to fold up and go out of business.


5 posted on 04/06/2010 7:28:26 PM PDT by UB355 (Slower traffic keep right)
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To: UB355

That’s one of the intentions of ObamaCare. Collapse the system.


6 posted on 04/06/2010 7:29:11 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: UB355

80% payout? Insurance agents do not work without a commission and renewals.


11 posted on 04/06/2010 7:47:14 PM PDT by Lumper20
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To: UB355
Bill requires 80% payout in claims from health insurance providers. Daughter in law works for one whose payout now @ 67%, Results she expect her company to fold up and go out of business.

That's the plan.

15 posted on 04/06/2010 8:19:30 PM PDT by gitmo ( The democRats drew first blood. It's our turn now.)
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To: UB355
You are absolutely right.

#6 for Mr. Freddoso: the increased insurance liabilities will cause American corporations to take huge first-quarter write-downs: to the tune of $100 million (Deere & Co), $150 million (Caterpillar), even $1 billion (AT&T), with still more to come.

The resulting hits? Employee drug plans, gone. And next: new-hires, gone. Smaller companies? They'll fold.

And this is going to happen right down the line, in every state, in every community, in mine, in yours.

Surprise, surprise.

26 posted on 04/07/2010 7:12:08 AM PDT by Mrs. Don-o ("A paranoid is someone who knows a little of what's going on." William S. Burroughs)
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