Wtf_is_this1234 t1_ivfuy4z wrote
Reply to comment by sardaukarma in Didn't know dentists really worry about our dental costs by scwelch
This would be fair if dentists were somehow underpaid. They are not, they never have been and they make most of their money on cosmetic stuff.
If dentists get paid more, that cost just gets shifted by the insurance companies onto consumers. The insurance company will not sacrifice at all, despite what the people behind this question would have you believe. The insurance industry literally doesn't care what dentists charge, as long as the customer is willing to pay the premiums.
Lemonio t1_ivg6yxy wrote
Doesn’t it require that a certain percentage go towards claims? They can’t increase their margins just by increasing premiums Sure they can make more revenue total by increasing premiums but the same is true without this change
Some_Elk7672 t1_ivgjh70 wrote
M)ll0
Jimmyking4ever t1_ivgh6sp wrote
It's just like when the US had a tax on corporations 79 years ago.
If the business (insurance company) doesn't provide services using 80% of the revenue they receive they lose out on that money and have to pay it back.
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