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Wtf_is_this1234 t1_ivfw0ta wrote

Reply to comment by NoMoLerking in Didn't know dentists really worry about our dental costs by scwelch

Is it good for consumers though? I see zero reason to think it actually is.

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NoMoLerking t1_ivfxog5 wrote

Sure. More money will go toward claims. I suppose it’s also possible they could cut premiums but since that would hit total revenue I doubt it.

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Jimmyking4ever t1_ivggxek wrote

You're absolutely right. If I pay the insurance $100 and they will refund to me anything they don't use below $80 how could I benefit?

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Wtf_is_this1234 t1_ivgh2ga wrote

Because it's not gonna happen. They have to spend 80% of all the premiums they collect on claims. How much you as an individual use is completely irrelevant.

Dentists will just charge the insurance companies more so any cost savings will evaporate.

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modernhomeowner t1_ivh12j1 wrote

Exactly, there is a reason the dentists PAC is supporting it, premiums are likely to go up so their expenses meet the Medical Expense Ratio, and dentists will be the ones profiting, no change to the insurance company, just more cost to you and me.

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HobNailBoots1 t1_iviwurc wrote

Wtf_ dentists cannot charge insurance companies more simply because they are restricted to the insurance companies UCR fees..

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Jimmyking4ever t1_iw6bwuw wrote

The people against it probably believe private insurance decreases the cost of medical costs lmfao

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