Originally Posted by The Lone Bolt
Um... no they can't. The PPACA requires insurance companies to spend 80% of their revenues on patient care. That prevents any such "milking."
I find it interesting that insurance companies, who are privately held must spend 80% of their revenues on patient care, yet non-profit hospitals who receive insane tax breaks in the BILLIONS are required to spend no more than 5% of their revenue on charity care, its a ****ing joke.