Posted on 10/23/2013 5:55:54 AM PDT by Oldeconomybuyer
Strident's point about the ACA profit limitation clause has some merit, but I think the true measure of how profitable Obamacare will be for the health insurance companies is how little they did to oppose it.
The insurance industry has a lot of interaction with governments due to the extent of state regulation of insurance, so they have a lot of lobbyists and contacts in government. If they were going to lose money on Obamacare they would have fought it much harder when the bill was originally proposed. Since they didn't I suspect they knew it would actually make money for them.
The gross payout requirements are probably closely calibrated along with the premiums, deductibles, etc. to make money for the insurance companies. They have the historical data to know how to make money, both from the marketing side and from claim history data they have. They will.
Anybody heard what AARP is doing? They were thumping the tub Big Time for obamacare when it first came out.
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