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Reply #86: nonsense - come back when you have have the actuarial stats- cultural - [View All]

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-26-07 07:15 PM
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86. nonsense - come back when you have have the actuarial stats- cultural -
Edited on Mon Mar-26-07 07:23 PM by papau
differences result in minimal outcome differences -

lack of preventive health care - basic, very basic health care - not MRI or mammograms - causes bad outcomes.

Also I am an actuary and I know what I priced for - and the idea of tight pricing is LOL funny.

Getting a 55% loss ratio (55 cents of every dollar not going to overhead and profits) was hard to pretend to be the design criteria when getting states approvals.

New pricing has maintained the 15 to 2o cents on a dollar profit, but cutting out US clerical jobs has moved that 55 cents to 75 cents - still a long way from Medicares 97 cents.
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