Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company
by dv_dt on Tuesday January 30, 2018 @12:14PM
(#16266965)
An allowance 15-20% overhead for health insurance seems like pretty low bar for the industry...
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Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company
by s73ver_ on Tuesday January 30, 2018 @12:21PM
(#16267023)
And yet, it was groundbreaking when it was signed into law. People received refund checks after it went into effect.
Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company
by FireBeyond on Tuesday January 30, 2018 @12:27PM
(#16267070)
And immediately after, administration costs shot up to ooh, 15-20%...
Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company
by dv_dt on Tuesday January 30, 2018 @12:31PM
(#16267101)
Yes, I suspect it ends up as something of a perverse disincentive to control costs
Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company
by ethbro on Tuesday January 30, 2018 @12:47PM
(#16267246)
They were already above that. Especially the not-for-profits (e.g. Blues) had to scramble to get under the cap.
There was a huge amount of waste in the system. 15-20% is a marked improvement.