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"If we determine that we shouldn't pay any third parties, our insured can get sued and be responsible for any amount over the limit," said Marcia Marsteller, the business leader in Progressive's legal department for claims.
And, while our insured may be able to escape some of that premium increase by purchasing a plan with lower actuarial value than they can today, that choice to save premium dollars will likely result in even greater cost sharing obligations.
"The court ruled, under the doctrine of joint and several liability, that our insured was responsible for paying his own share of the verdict--$600,000--and also for paying another $600,000 toward the uninsured physician's share," Noha said.
"We are aggressively managing our mortgage-related exposures and have made demonstrable progress in reducing the risk in our insured portfolio," Mr. Callen said.
Second, our insured population could be healthier than the US population.
Our insured study population reported a 47% current treatment rate, which is comparable to treatment rates 10-511%) in other US medical claims database studies [ 20- 22].
Similar(54)
Mostly our insuring is confined to pitchers.
We said: We need to find a way to get everybody in our state insured with private insurance.
We get all of our citizens insured.
"We know we will get a lot more of our children insured, and you know what that will do?
And this is a country that can get all of our people insured with not a government takeover, without HillaryCare, without socialized medicine.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com