I’d love to learn which insurance carrier is covering costs for antibody tests. I have yet to hear of one.
That’s an incorrect opinion of the complex health insurance industry.
First, insurance companies aren’t making as much money as you think. The bill for hospitalized patients due to the coronavirus is costing insurance companies immensely. I’m not sure how much you are aware of health costs, but a week’s stay in the hospital, specifically in the ICU, with all the tests and medicine administered is very expensive. As much as a home costs in certain parts of this country. Cost of routine care and doctors visits are negligible in comparison. Why do you think certain portion of the country have been trying to implement universal healthcare? To get the vast population to utilize preventative care and stay out of the ER, inpatient, ICU, requiring more expensive treatment and care.
Regulators prohibit proposals for next year’s rates that appear to be making up for unexpected higher costs incurred in the current year. The rates have to be explained by how much costs are reasonably expected for the next year. It’s not an excuse.
If you don’t want rates to continue, any of these things will help:
- convince your neighbors to take all precautions and prevent the spread
- reinstate the health care mandate
- create a universal health care system