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Old 08-11-2005, 01:22 PM   #11
taxwonk
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A dose o' reality for Penske

Quote:
Originally posted by ltl/fb
Just because they aren't regulating the industry in any meaningful way doesn't mean that there aren't a ton of regulatory hoops to jump through -- it just may be that the hoops are more to keep competition and oversight and liability away from the insurance companies.

Though, actually, I think we self-insure almost everything except maybe life and some supplemental stuff, so I'm not that concerned -- mostly have to deal with federal stuff. And, like, HIPAA. Which is a piece of cake, right? Easy as pie?

God I'm hungry.
I wasn't trying to minimize what you, or RT, or any of the healthcare or ERISA people on the boards do. I'm just saying that to the extent there is regulation for people not on Medicare, it's not there to help protect their ability to get affordable health care and it doesn't keep the health care industry from raping some people to make for what they get under regulated programs.
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