- 2,370
Myinsurebiz,
I will have to say that your novice view is really showing. Running an insurance company and selling insurance are two completely different things.
It is easy to take a summary of benefits and rate sheet and present it.
It is a whole other situation to get the plan in place, get it approved, forecast the market penetration and profitability, contract providers, contract agents, process claims, and the other 10+ departments needed to create, market, and make a plan profitable.
If the government was that efficient, Fannie and Freddie would not need a bail out. If they cannot handle mortgages, then what makes you think they can handle healthcare?
I will have to say that your novice view is really showing. Running an insurance company and selling insurance are two completely different things.
It is easy to take a summary of benefits and rate sheet and present it.
It is a whole other situation to get the plan in place, get it approved, forecast the market penetration and profitability, contract providers, contract agents, process claims, and the other 10+ departments needed to create, market, and make a plan profitable.
If the government was that efficient, Fannie and Freddie would not need a bail out. If they cannot handle mortgages, then what makes you think they can handle healthcare?
