Mandated medical loss ratios promote bad customer service
Arnold Kling points out how mandating a minimum medical loss ratio promotes poor customer service. Quoting Uwe Reinhart: The recently passed Affordable Care Act requires heath insurance issuers to use at least some minimum fraction of revenue from the premiums it receives on medical services. Kling writes: A big cost component for health insurance companies […]
EMTALA’s perverse incentives
“911Doc” at DocsOntheWeb describes the harms of EMTALA: If you are unfamiliar with EMTALA or our take on it you can read about it here, but to be brief, EMTALA is an unfunded federal mandate passed in 1986, which, de facto, has made it a crime to tell anyone ‘no’ in the ER. Because of […]
