Old-Biscuit
Jul 04, 2015Explorer III
Health Care Costs
Hang on to your wallet. Health Insurance Companies are seeking rate increases.....big ones!! ....new customers turned out to be sicker than expected. Article
lbrjet wrote:What do you think would happen to Maytag stock if the gov came in and said everyone has to buy a dishwasher, complete with 4 cycles and automatic water heating to the optimal temp? Makes about as much sense as me having insurance to cover pap smears and mamograms.pnichols wrote:
Yep .... the time has finally come for the insurance companies to pick up the tab for the newly insured health needs instead of hospital emergency rooms. I'm not sure which approach is going to cost society more in the long run.
Health insurance companies profits have never been higher, as well as their stock prices. Look at the Humana buyout at $230 per share. This stock broke $100 for the first time ever less than 18 months and now is worth $230?