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Old 06-28-2012, 01:04 PM
captain_epsilon captain_epsilon is offline
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Default socialist medicine/health insurance
Since the country's going down the tubes now anyway, I remembered some news articles a long time ago which stated that health insurance companies favored obamacare because of the individual mandate. Is the Government takeover of medicine a harbinger of profit for prospective actuaries in health insurance? If the answer is yes, then how can an actuary position himself within a health insurance company to capitalize on the momentum?
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Old 06-28-2012, 01:06 PM
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Too much in unsure right now to answer this question.
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Old 06-28-2012, 01:15 PM
captain_epsilon captain_epsilon is offline
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Too much in unsure right now to answer this question.
can you elaborate?
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Old 06-28-2012, 01:38 PM
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can you elaborate?
I can elaborate.

There is an election coming up this fall. That can change things quite a bit.

For example, several parts of Dodd-Frank have been delayed in implementation due to Republicans winning the House in the 2010 election.

So certain things may change just because Obama does or does not win reelection, Democrats do or do not win more seats in the House or Senate.
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Old 06-28-2012, 01:57 PM
captain_epsilon captain_epsilon is offline
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I can elaborate.

There is an election coming up this fall. That can change things quite a bit.

For example, several parts of Dodd-Frank have been delayed in implementation due to Republicans winning the House in the 2010 election.

So certain things may change just because Obama does or does not win reelection, Democrats do or do not win more seats in the House or Senate.
i will rephrase and clarify my question: assuming obamacare is fully implemented, can reasonable projections be made about future prospects of health insurance actuaries and, to reiterate, the best way a health insurance actuary can position himself to capitalize on the momentum?
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Old 06-28-2012, 02:04 PM
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oh ok, so you're just trying to make some money
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Old 06-28-2012, 02:25 PM
captain_epsilon captain_epsilon is offline
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oh ok, so you're just trying to make some money
why not? the public voted for a massive socialist medical bureaucracy so i'm simply poised to give them what they asked for.
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Old 06-28-2012, 02:27 PM
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You add 30 million people to the rolls and still only run an 85% LR. That's not losing.
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Old 06-28-2012, 02:28 PM
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well this is what's going to happen. everyone's going flock to the health track and drive down salaries, so there you go.
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Old 06-28-2012, 02:30 PM
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You add 30 million people to the rolls and still only run an 85% LR. That's not losing.
I agree. So why is everyone against it?
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