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Old 03-17-2017, 10:25 AM   #4
BigV
Goon Squad Leader
 
Join Date: Nov 2004
Location: Seattle
Posts: 24,707
I know of that rule, and it seems like a good rule.

Then I got to thinking, I know where I recognize that from. I remember driving through Nevada and seeing huge billboards proclaiming how appealing their payout ratios are. "Come gamble here, our slots payout 99%!". And if there's a money factory out there more efficient than a building full of slot machines, I don't know what it is. But there's a vastly greater margin allowed by that rule for insurance companies than the rates touted for the slots. You do the math.

Put a dollar in. Get $0.80 back in health care.

Something is wrong with that picture.
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