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Jerry2144

(2,941 posts)

3. Yes. A big portion of our insurance premium goes to profit

Reply to Big Blue Marble (Reply #1)

Mon Apr 28, 2025, 03:29 PM

Apr 2025

15-20% off the top. Then cost of business is deducted. End result, even after the ACA is that only 50-60% of our premium goes to medical care. Sure, government run health care will raise taxes. But that increase is much less than what we save from not paying for insurance company profits.

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Big Blue Marble

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United Health Care [View all] Mossfern Apr 2025 OP

I have never understood why people do not have the same anger about how insurance premiums Big Blue Marble Apr 2025 #1

Exactly - I think people KT2000 Apr 2025 #2

Yes. A big portion of our insurance premium goes to profit Jerry2144 Apr 2025 #3

The medical loss ratio is 80/20 after the ACA EdmondDantes_ Apr 2025 #7

I pay Mossfern Apr 2025 #4

Your property taxes are exceptionally high to most of us. Big Blue Marble Apr 2025 #5

Storm blew over a 100 year old maple Mossfern Apr 2025 #6

If it's for your AARP supplement, you agreed to it when you signed on. Ms. Toad Apr 2025 #8

Thanks for the explanation Mossfern Apr 2025 #9

Agreed. Ms. Toad Apr 2025 #10

It's my group outfit, had a test done, am waiting to see whether they cover. UTUSN Apr 2025 #11

I have UHC but I can't complain because I pay nothing for it, a perk of being so poor. elocs Apr 2025 #12