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I think it's time for 2 things:
- to stop perpetuating the myth that the FREE MARKET will ever do anything but continue to raise Health Insurance rates and price citizens and employers out of the market
-to stop treating the "health and well being" of the citizens of the United States as a commodity on which to make a PROFIT
Insurers Set To Raise Prices, Walk Away From Consumers: Goldman Report
The market concentration for health insurance is so monopolized in some areas that insurance companies are willing to raise prices and lose customers in an effort to improve their bottom line, a leading insurance broker told Wall Street analysts on Wednesday.
In a conference call organized by Goldman Sachs Global Investment Research, Steve Lewis, a highly regarded broker at the world's third largest insurance broker, Willis, painted a picture of the health insurance market in which employers seem likely to be priced out of coverage.
Noting that "price competition" between insurers was "down from a year ago," Lewis relayed that "incumbent carriers seem more willing than ever to walk away from existing business."
Insurers Set To Raise Prices, Walk Away From Consumers: Goldman Report
- to stop perpetuating the myth that the FREE MARKET will ever do anything but continue to raise Health Insurance rates and price citizens and employers out of the market
-to stop treating the "health and well being" of the citizens of the United States as a commodity on which to make a PROFIT
Insurers Set To Raise Prices, Walk Away From Consumers: Goldman Report
The market concentration for health insurance is so monopolized in some areas that insurance companies are willing to raise prices and lose customers in an effort to improve their bottom line, a leading insurance broker told Wall Street analysts on Wednesday.
In a conference call organized by Goldman Sachs Global Investment Research, Steve Lewis, a highly regarded broker at the world's third largest insurance broker, Willis, painted a picture of the health insurance market in which employers seem likely to be priced out of coverage.
Noting that "price competition" between insurers was "down from a year ago," Lewis relayed that "incumbent carriers seem more willing than ever to walk away from existing business."
Insurers Set To Raise Prices, Walk Away From Consumers: Goldman Report