Originally Posted by FD
I agree with your first sentence, but you missed my point. You said the 80% rule pushing companies into the red would cause them to raise premiums, but thats wrong. Any extra $ they raised that way would have to be reimbursed directly to their consumers unless they cut costs. Like I said, I dont think you understand how the 80% rule works.
No, it's not. Only 80% of the extra premiums would be paid to consumers. So the company is still keeping 20% of the raised premium. It's not a dollar in dollar out match.