Here's my take from the insurance industry.
It's 2,500 pages long. The insurance company has to pay lawyers to interpret what is in there and how to comply with it, premiums rise.
Insurance companies will no longer be able to deny for preexisting conditions. Higher risk pool, premiums rise.. I can't wreck my car and buy insurance two weeks later and get it fixed.
More people will have Medicaid and Medicare. They reimburse providers at rates from well over 20 years ago. They have to make up the difference somehow. Insurances will be charged more. Premiums rise.
Supply and demand. Demand goes up, costs go up. Premiums go up.
We already outsource to India. They plan to outsource another 30% of the company, people will lose their jobs, alot of people will lose their jobs. Alot of lower income people will lose their jobs, alot of minorities will lose their jobs too being as how our company is, direct from the website, an equal opportunity/ affirmitive action employer, more often than not they have lower paying jobs. customer service, claims processing, claims adjustor etc. But it will the fault of the ceo, cfo trying to keep the company afloat not the progressives in charge.
I must study politics and war, that our sons may have liberty to study mathematics and philosophy. - John Adams
The AK guys are all about the reach around. - Garand Thumb.
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