Health Net: Early 2014 Claims Look Ugly

[Duaine]

In a new 2015 individual coverage rate filing, which was submitted Oct. 2, Health Net said it expects the extra health risk, or morbidity risk, resulting from the PPACA underwriting changes to increase costs greatly. The company said it once had a risk level below the state average, and will end up with a risk level above the state average. The morbidity shift will be enough to justify increasing individual costs 78.9 percent, the company said.

Health Net: Early 2014 claims look ugly | LifeHealthPro

 

[TXINSURANCE]

So poor and sick people have more claims? I mean who would have thought... Very odd....

 

[somarco]

So poor and sick people have more claims? I mean who would have thought... Very odd....

Apparently it never occurred to the rocket surgeons that designed Obamacare.

 

[GreenSky]

Apparently it never occurred to the rocket surgeons that designed Obamacare.

Sure it did. They didn't care.

The goal is to cripple the insurance industry so we go to single payer.

It's the socialist way.

Rick