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Message
re: Question about interstate competition amongst insurance companies...
Posted on 12/5/16 at 1:53 pm to roadGator
Posted on 12/5/16 at 1:53 pm to roadGator
Hate to tell you this but donut hole isn't a liberal design, nor a republican one. It's a sustainable business model based upon total pool, utilization, risk and ultimately profit to an underwriter.
1
Posted on 12/5/16 at 1:56 pm to Sao
I've been in the insurance industry for 20 years and the only time (recently) I've heard the term donut hole is when folks are talking about Part D of Medicare.
When I was in underwriting we never used the term while developing rates either.
I'll look into it more.
When I was in underwriting we never used the term while developing rates either.
I'll look into it more.
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