Biotech Values

[jbog]

Turtle,



"""After more than a year battling Democratic health-overhaul proposals, insurers face changes that will reshape their market."""

Turtle, I've listened for months now of how the "insurance industry" was just about as crooked as Bernie Madoff.

So what do we do? We give them an business model that limits their income to an percentage of payments. The new law says that they have to spend .80/.85 cents of every premium dollar on services and their expenses/profit come from the remaining .20/.15 cents.

Duh!!!!

How do they grow their business's in the future....... spend more so they can charge more. That's no different than the property insurance business.. ""Give me a storm so I can raise your rates next year"""

Good Job Washington.