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What Does The Insurance Industry Think?
#1
What Does The Insurance Industry Think?
Drumpf and his republicunt buddies are facing forces they do not understand and cannot hope to resolve.

https://theconversation.com/as-republica...bolt-70317

Quote:There’s a joke among insurers that there are two things that health insurance companies hate to do – take risks and pay claims. But, of course, these are the essence of their business!
Yet, if they do too much of either, they will go broke, and if they do too little, their customers will find a better policy. This balancing act isn’t too hard if they have a pool sufficient to average out the highs and lows. I speak with some experience as the former CEO of one of these firms.
Employee-sponsored insurance has fit this model fairly well, providing good stability and reasonable predictability. Unfortunately, the market for individuals has never worked well.
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Messages In This Thread
What Does The Insurance Industry Think? - by Minimalist - January 1, 2017 at 12:09 am
RE: What Does The Insurance Industry Think? - by AFTT47 - January 1, 2017 at 1:26 am

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