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Re:Health insurance companies are useless by James_Henry on Tuesday August 06, 2019 @02:44PM (#20628183)
I'm not sure what you are referencing with the 20% cut remark, but there isn't harm to health insurance companies (actually, providing care through medicare advantage may be an issue...) if everyone is extremely healthy. Then the main costs truly would be the unpreventable diseases, most of which come unexpectedly. This is the exact market that works for risk pooling!
Re:Health insurance companies are useless by ceejayoz on Tuesday August 06, 2019 @02:51PM (#20628245)
> I'm not sure what you are referencing with the 20% cut remark

The ACA requires insurers to spend at least 80% of premiums on direct patient care. To grow profits, they must grow premiums.