The overall cost of health care in the United States by any objective measure, is substantially more expensive than in other countries. It certainly eats up a way bigger share of our GDP than in comparable nations, such as Canada, but why? One reason is because the health care system is needlessly complex, with different systems for different populations and ailments. Another is that it’s for-profit: the 80 percent mandated MLR from PPACA that health agents hate so much is still another 20 cents off of every dollar not going to actual healthcare. In the end, the fact that our health care is a business and not a benefit, is perhaps its biggest reason for why it costs what it does.
But, Lloyd Lofton contends, people do want other things.
A group of shareholders is seeking control of the parent, HC2.
The ruling applies to Transamerica's indexed annuities as well as to variable annuities and hybrids.
Sponsored by Orion Advisor Technology
Financial planning services help advisors differentiate themselves, improve client relationships, drive better outcomes, and more. So why don’t more advisors offer financial planning?
Sponsored by Orion Portfolio Solutions
Learn how to use seven relationship skills to attract, serve, and retain high-net-worth investors.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.