7 doctors weighed in:

Why is insurance so expensive?

7 doctors weighed in
Dr. Luis Villaplana
Internal Medicine
4 doctors agree

In brief: Publicly owned

Amazing ain't it? They are in the business of making money! do you own a 401k? Do you like your money to grow? Your stock investments to make money? I betcha you are an insurance company stockholder if you have a good mutual fund, and may not even know it.
By the way, you are funding medicare and medicaid too! only in america...

In brief: Publicly owned

Amazing ain't it? They are in the business of making money! do you own a 401k? Do you like your money to grow? Your stock investments to make money? I betcha you are an insurance company stockholder if you have a good mutual fund, and may not even know it.
By the way, you are funding medicare and medicaid too! only in america...
Dr. Luis Villaplana
Dr. Luis Villaplana
Thank
Dr. Steven Bowers
Internal Medicine
1 doctor agrees

In brief: Good question

A visit to the marbled halls of the blue cross building in pittsburgh may help to answer that question.
Our health care system is expensive for many reasons which have nothing to do with the high quality of medical care that the insurance covers. That being said, the quality of care needs to be maintained while we institute policies that reduce its cost.

In brief: Good question

A visit to the marbled halls of the blue cross building in pittsburgh may help to answer that question.
Our health care system is expensive for many reasons which have nothing to do with the high quality of medical care that the insurance covers. That being said, the quality of care needs to be maintained while we institute policies that reduce its cost.
Dr. Steven Bowers
Dr. Steven Bowers
Thank
Dr. William Kirsh
Family Medicine

In brief: It is just a formula

Health insurance is just a reflection of a formula: premiums = (cost of medical care anticipated to be expense by a specific population over time) + (overhead) + (profit).
-or- 100% of premium = (80% medical costs) + (15% overhead) + (5% profit) not complicated.

In brief: It is just a formula

Health insurance is just a reflection of a formula: premiums = (cost of medical care anticipated to be expense by a specific population over time) + (overhead) + (profit).
-or- 100% of premium = (80% medical costs) + (15% overhead) + (5% profit) not complicated.
Dr. William Kirsh
Dr. William Kirsh
Thank
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