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View Diary: You still want to raise my premium after that rebate check? My ACA story. (82 comments)

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  •  18% of a larger premium is more profit (3+ / 0-)
    Recommended by:
    jbou, DerAmi, Kickemout

    If your premium is $100, they make an $18 profit.

    If your premium is $1000, they make a $180 profit.

    So absent any limits, what do you think your premium will be?

    Competition will prevent price gouging.  That is what we need.  Laws are circumvented by bribing the lawmakers.

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