Why does the insurance company have to lay off employees because of obammacare? It would seem that there is more work required for obammacare:
PS: Never forget obammacare was doomed until turncoat USSC Justice John Roberts switched his vote! Shame on him!!
Are these layoffs permanent?
Are these layoffs permanent?
Suppose you're an actuary. Your job is assessing the statistical risk of each client based on age, smoking and other risk factors, and adjusting the payments and coverage so that the insurance company makes money.
Under a one-size-fits-all program, everyone gets full insurance, everyone pays the same.
What exactly is your job function now?
You guessed it, unemployed!