Quote:
Originally Posted by PaulS
No assumptions - I gave you insurance company book of business estimates. You ignore everything you don't like.
Based on some of your statements on the $25 policy and others, I really don't think you're an actuary.
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"No assumptions "
No?? Really?? How about your statement that tort reform amounts to "small bucks"? That wasn't an assumption on your part? You have an Excel spreadsheet, that maybe you just created on your own computer for all I know, to support that?
"Based on some of your statements on the $25 policy and others, I really don't think you're an actuary"
They showed, in an admittedly exaggerated way, that given that not everyone pays into the system, those that do pay, must pay a higher incremental cost than your overall average. If the overall impact is +1.5%, and not everyone pays into the system, then those that do pay, must necessarily see an increase of more than 1.5%. Correct or incorrect?
Given that you think Obama is doing an acceptable job handling the economy, I'm not all that concerned by what you think of my credentials. My company doesn't sell health insurance, but we do sell re-insurance to health insurance companies. Gives them a hedge against a catastrophic healthcare expenditure from any one insured. We're one of the biggest carriers in that space. So I'm not totally ignorant here. For sure, I know that you can't increase what's covered, and decrease costs, without seriously addressing fraud, defensive medicine (providing tests that aren't necessary, which is linked to tort reform), and tort reform.