Impeding changes to our Health Care system

[Happy Monkey]

Originally Posted by TheMercenary

Sam, do you think that any insurance company can survive by not changing rates in the future? I mean to say that as long as costs go up, every single insurance company in the country will have to eventually change,

Percent.

If costs rise 10%, the insurance company can raise their rates 10%. But not 20%.

[TheMercenary]

Originally Posted by Happy Monkey

Percent.

If costs rise 10%, the insurance company can raise their rates 10%. But not 20%.

How does an insurance company measure that cost?