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Old 10-06-2013, 06:55 PM   #494
Breaker
Bleeding Orange and Blue
 

Join Date: Oct 2007
Location: Denver
Posts: 1,085
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Quote:
Originally Posted by The Lone Bolt View Post
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.
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