Tuesday, March 21, 2017

American Health Care Act

GOPe is pushing this bill; conservatives are unhappy.  This summary of it tells me why.  GOPe is trying to amend Obamacare on the edges.    Concerning selling insurance across state lines?  No change.  The big insurers  are terrified competition might lower their profits.

2 comments:

Sigivald said...

What profits?

I looked up United Healthcare's financials today referencing the same thing, elsewhere.

Their net margin, last quarter?

3.5%.

That's ... pretty much in line with margins in every competitive industry, ain't it?

I mean, yeah, they make money ... but not a lot of "extra profit" from regulatory capture etc. to be clawed back.

Rich Rostrom said...

Trump is 100% for this bill - it cannot be blamed on the "old" Republicans. At least, not exclusively.