Over the past several months the mailings and phone calls from your insurance company have changed. Now they seem to be more geared towards “your healthcare” and “educating” you. Well there’s a reason for that. Yesterday the provision of Affordable Healthercare Act went into affect that says insurance companies must spend 80-85% on patient care […]
Something I have been saying all along was just repeated on Countdown by former health insurance executive Wendell Potter – there is nothing to stop insurance companies from raising rates. The bill backers have been touting out charts and tables derived from the CBO report to highlight savings with the new reform. One thing they […]
Ezra Klein today said this: To put this a bit more sharply, if I could construct a system in which insurers spent 90 percent of every premium dollar on medical care, never discriminated against another sick applicant, began exerting real pressure for providers to bring down costs, vastly simplified their billing systems, made it easier […]