Poll: Should profits be capped at 20% for insurance companies?

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  1. 2013-10-30, 04:17 PM #21
    Masark
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    Quote Originally Posted by Lenonis View Post
    The 80% piece will be a fixed amount every year based on claims.
    They could always boost that by having their claims agents go all out with an APPROVED stamp in each hand.

    At which point we can hang up a "MISSION ACCOMPLISHED" banner.

    Warning : Above post may contain snark and/or sarcasm. Try reparsing with the /s argument before replying.
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  2. 2013-10-30, 04:38 PM #22
    Naxere
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    Some states are getting or applying for waivers for this.

    Even though the MLR is a national law, it may not apply in your state. Why? Because many States are petitioning for a waiver. HHS is currently reviewing applications from six states: Florida, Kansas, Michigan, Texas, Oklahoma and North Carolina. According to The National Association of State Budget Officers, HHS has granted waivers to seven states: Maine, New Hampshire, Kentucky, Nevada, Iowa, Georgia and Wisconsin. The department has denied them to Delaware and North Dakota.
    The full list.

    That said, I'm personally against the government setting profit caps on privately-owned businesses.
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  3. 2013-10-30, 04:40 PM #23
    Rukentuts
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    No profit caps? I don't want to see bitching about higher premiums then.
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  4. 2013-10-30, 04:41 PM #24
    Collegeguy
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    How about NO Obamacare at all.

    I rather have a universal healthcare system than crony capitalism Obamacare.
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  5. 2013-10-30, 04:43 PM #25
    Reg
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    Quote Originally Posted by Collegeguy View Post
    How about NO Obamacare at all.

    I rather have a universal healthcare system than crony capitalism Obamacare.
    I am sure many people would, and it has been proposed in Congress before. The problem is it has never garnered more than a 20% backing.
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