Well, most of us insurance pros on here doesn’t consider health insurance ‘insurance’ – but more of a subscription/maintenance plan that has some sort of cost sharing element. Biggest issues I see are:
* Americans have some pretty poor health, and allow conditions to become chronic
* American healthcare costs are incredibly expensive including labor, facilities and pharmaceuticals
* The litigation environment means skyrocketing malpractice insurance premium which has a direct impact on healthcare costs
* Capitalism means that every business has continually pursue ever increasing profits and profit margins
Even as someone who *sips* healthcare, I’m a big fan of the ACA because I remember what healthcare and insurance looked like prior to 2008. What people don’t realize is that health insurance is a lot more expensive today *because it covers a lot more than it used to*.
For health *insurance* to go down, the *cost of healthcare* has to go down. Health insurer *margins* are pretty thin; and a lot of their revenue comes from administering self-insured plans for employers.
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Well, most of us insurance pros on here doesn’t consider health insurance ‘insurance’ – but more of a subscription/maintenance plan that has some sort of cost sharing element. Biggest issues I see are:
* Americans have some pretty poor health, and allow conditions to become chronic
* American healthcare costs are incredibly expensive including labor, facilities and pharmaceuticals
* The litigation environment means skyrocketing malpractice insurance premium which has a direct impact on healthcare costs
* Capitalism means that every business has continually pursue ever increasing profits and profit margins
Even as someone who *sips* healthcare, I’m a big fan of the ACA because I remember what healthcare and insurance looked like prior to 2008. What people don’t realize is that health insurance is a lot more expensive today *because it covers a lot more than it used to*.
For health *insurance* to go down, the *cost of healthcare* has to go down. Health insurer *margins* are pretty thin; and a lot of their revenue comes from administering self-insured plans for employers.