• psud@aussie.zone
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    7 days ago

    Thinking on the blog’s comment that the CEO was a bad target as it’s actuaries that set premiums and expected payouts, and they have a narrow profit margin

    That’s a pretty shallow analysis

    1. The CEO sets what the business’s targets are, obviously United was targeting low premiums which implies low payouts which implies many incorrect rejections and/or nasty exceptions in their policies
    2. This is in the environment where many health fund customers have their health fund chosen by their employer (who will choose the cheapest most of the time) or who due to their economic circumstances must choose the cheapest

    So people are forced* into this bad fund so violence against the CEO should get United and other low cost, low payout funds to reposition themselves toward the more expensive, more generous end of the market

    The downside is that it should make health insurance more expensive, but that’ll only happen if United changes their premium/payout model to more generous

    Other ways health funds can reduce premiums include trading reduced premiums for healthy activities

    *I’m not in that system so don’t know the details, are employees forced to take the fund their employer packages into their contract?

  • robocall@lemmy.worldOPM
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    11 days ago

    If you celebrate someone gunning down a defenceless person in the street, then you advocate for a world in which this is an acceptable thing for anyone to do. You in fact advocate for a world in which a stranger can decide that you’re also a bad person, and gun you down in the street. In such a world, I promise you, your health insurance would cost much more.

    I would never be selected to be a healthcare CEO because i wouldn’t be able to put profits over people. Batman getting the Joker is not the same as Batman killing Gotham city residents. What does a Brit know about health insurance costs? The writer is not qualified to make these claims.

    • Soup@lemmy.world
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      11 days ago

      Also a strange thing to say because in a world without private, for-profit health insurance there wouldn’t be a health insurance CEO to gun down nor a health insurance costs paid for by the individual that could even go up.