News for hackers. Stuff that matters.

A comment on Exoskeletons qualify for direct disability compensation in Germany. Parent comment

Re:Exoskeletons qualify for direct disability compensation i... by ericd on Sunday December 04, 2022 @01:43PM (#33856365)
Insurance tends to have maximum profit percentages mandated, at least in the US. I'm not an expert in this, but I assume that this results in a bit of a perverse incentive where the only way to increase your profit is to increase your costs.
[ Parent | on HN ]
Re:Exoskeletons qualify for direct disability compensation i... by rjtavares on Sunday December 04, 2022 @01:57PM (#33856499)
If that was the case expenses would never be rejected. The truth is more complicated than that.
[ Parent | on HN ]
Re:Exoskeletons qualify for direct disability compensation i... by tedunangst on Sunday December 04, 2022 @02:52PM (#33857112)
No, because their income as capped at the premiums collected. They want to spend 80% on expenses, but not more than that. But they also want projected expenses for next year to go up.
[ Parent | on HN ]
Re:Exoskeletons qualify for direct disability compensation i... by ahartmetz on Monday December 05, 2022 @02:35AM (#33862641)
Why is that so rarely mentioned in discussions of high healthcare costs in the US? It seems like it could explain everything!
[ Parent | on HN ]