InvestorsHub Logo
Followers 43
Posts 2488
Boards Moderated 0
Alias Born 10/19/2015

Re: oldandintheway post# 325440

Thursday, 08/12/2021 11:54:40 AM

Thursday, August 12, 2021 11:54:40 AM

Post# of 463336
Because insurance companies are in the business of making money, and it's not in their financial preservation interests to approve new and expensive treatments. Eventually they'll probably fall like dominos but I would expect them to fight tooth-and-nail at the beginning simply because it's not going to help their balance sheets and P&L shareholder reports.

Even if Dr. Missling keeps prices reasonable, and I think he's going to try his best to do so -- no Martin Shkreli antics -- what happens to the insurance companies that have to eat those costs? Doubtful that they'll be allowed to drop their high-risk customers so premiums for everyone else go up across the board.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News