veeja wrote:It looks like health care might get better
Being fresh meat I hope I did this right
http://www.forbes.com/sites/rickungar/2 ... te-get-it/
veeja

I found this in your link:

Now, do the math. There is no arguing that that the big profits in health insurance come from the large group (corporate) policies. Even if they only had to increase their MLR by just one percent (and I assure you that it will, in reality, be far more), what does that one percent do to a profit margin of 2.2. percent? I’m not suggesting that it will half the profit structure, were the difference between the old MLR and new be but one percent, but it will have a dramatic impact.

The result is neither pretty nor does it justify the shareholders of these large health insurers investing their money when the business is clearly going the wrong way. I can’t say what will happen to share prices in the near term. But I think that as the health insurers are forced to deal with these new realities, owners might not like the look of the balance sheets down the road.

Bankrupt tomorrow? No. The future for these companies? Terrible.

And when investors and parent corporations realize that there are much easier businesses out there with far better returns on investment, say goodbye to the for-profit healh insurance industry and hello to a government single-payer health system.

As I’ve said before and will say again, hallelujah.