by Diane Dimperio
Insurance companies are not established to help people. Most are for-profit businesses with stockholders expecting a return on investment which creates pressure to spend less than they earn. Insurance is a risky business and successful companies have learned how to manage their operation to meet statutory requirements while generating a profit.
The majority of people with health insurance are enrolled through an employer, which offers several advantages. Employers have competent professionals negotiating comprehensive plans, the employer pays a large portion of the premium and negotiates out-of-pocket costs for employees. The larger the number of employees the more favorable terms the employer is able to negotiate.
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