Not admitted · Not a forecast
Rules 1.1.0 · as of 14 Sep 2026
Owen Scott Muir · Said 12 Jul 2024 · owen-1154
Quote
Not a forecast
“Yes, that's correct. Big Health can increase profits only by increasing costs. The truth is costs have to go up or their profits go down, and they can't make their profits go down and keep their job.”
Medical loss ratio essay (collab with an unnamed friend). Because the Affordable Care Act caps insurer margin at about 20% of premiums, the author argues insurers can only grow profit by growing total health spending; implicit prediction that health costs will keep rising under the MLR rule.
Descriptive, retrospective, or a statement of preference; no future state asserted.