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Re:Torrent of Hate for Health Insurance Industry Follows CEO... by User23 on Thursday December 05, 2024 @08:11PM (#42334898)
> require health insurance companies to spend 80-85% of their premiums on claims and healthcare

> enormous increase in administrative overhead

Do you see the problem here?

As an outsider it's hard to say, but clearly there is some ginormous loopholing going on here.

I haven't found much in the way of details, but apparently one of the reasons why insurance companies are buying up medical practices is because it enables accounting dipsy-doodle to avoid the healthcare spending requirements.

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