QUOTE(30624770 @ Aug 30 2024, 09:35 AM)
Of course they will not let their profit margin drop. It will affect their profitability. Insurance are still business and if insurance companies are making losses, you should be even more worried.
Its strange that people like you here see insurance as the villian but dont see the problems he is voicing out as an issue.
if you are going to say about profitablity, same can be said to private hospital, and similarly you should be even more worried when hospital making loses, unlike hospital, insurance company does not provide healthcare, hospital does.
2 villans does not make 1 saint. both parties have their issue. just because he is voicing out the other party, it does not paint the full picture of increasing premium. they are just cherry picking to suit his narrative, just like your local politkus and businessmen.
so you are saying, when medical cost is low, all premium is cheap? then what agent doing with their existing members?
if tmr there new ruling that private medical cost will be regulated in some way. will the insurance premium be reduce?
This post has been edited by brkli: Aug 30 2024, 02:14 PM