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The Water Cooler
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Surprised No One's Talking About the Big Obamacare Rate Hike Requests???
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<blockquote data-quote="tRidiot" data-source="post: 2766619" data-attributes="member: 9374"><p>So your health insurance stocks are paying off handsomely?How is that possible when they're losing millions of dollars? I mean... they pointing out right there in the article that the claims made were millions and millions of dollars more than the premiums paid in? I understand they're paying to excess cost out of slush funds, but how is it that they can still pay dividends when posting a loss? I'm not being argumentative or sarcastic... I honestly want to know how this is working?</p><p></p><p></p><p><edit> My guess is that they have lots of diverse investments that are still allowing them to post a profit, when they're losing money on the provision of healthcare. Although they are talking mainly about individual health insurance... maybe the groups and employment-based programs are making enough of a killing to cover the difference?</p></blockquote><p></p>
[QUOTE="tRidiot, post: 2766619, member: 9374"] So your health insurance stocks are paying off handsomely?How is that possible when they're losing millions of dollars? I mean... they pointing out right there in the article that the claims made were millions and millions of dollars more than the premiums paid in? I understand they're paying to excess cost out of slush funds, but how is it that they can still pay dividends when posting a loss? I'm not being argumentative or sarcastic... I honestly want to know how this is working? <edit> My guess is that they have lots of diverse investments that are still allowing them to post a profit, when they're losing money on the provision of healthcare. Although they are talking mainly about individual health insurance... maybe the groups and employment-based programs are making enough of a killing to cover the difference? [/QUOTE]
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Surprised No One's Talking About the Big Obamacare Rate Hike Requests???
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