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Old 07-27-2014, 08:02 AM  
AmeliaG
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Join Date: Jan 2003
Location: Los Angeles
Posts: 10,553
Quote:
Originally Posted by suesheboy View Post
I just opened my mail and got a REFUND today for about $85 as insurance companies are now limited as to how much profit they can make and must refund the difference!

After dealing with my insurance broker for weeks to get quotes from all different companies, I was fed up with her. As I was telling her that the rates seemed high and she was giving me excuses I logged onto the health exchange and got my quote in under 3 minutes start to finish.

The actual sign up took about 20 minutes on the phone. Only reason what it took so long is I had to call 2 times, one to start the new policy and 1 to cancel the old (even though the same company had my old policy, they would not cancel the old for me when taking a new policy).

You spent more time bitching here than it would have taken to shop and buy the policy.

Do you understand the basic business math of limiting the percentage of profit means that insurance companies must inflate the number of insurance enrollee sand the cost of healthcare in order to raise gross profit?

Goldman Sachs is projecting 60 percent growth for the top 5 insurance companies.
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