Thursday, April 30, 2020

Health insurers having a heyday with COVID-19

https://prospect.org/health/trump-helps-health-insurers-swell-their-profits/

 

Cutting reimbursement rates, thus forcing salary cuts for frontline health care workers; expecting continued profitability; retaining the ability to buy back shares and raise executive compensation. Trump administration may waive rule that allows for payments to premium-payers if medical losses fall below 80%; and more.

 

Charlie Cooper

 

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