“You’re looking at one loss that can give you a hit of $400 million, and annual market premium is $750 million. One loss that burns more than 50% of the annual income for the entire market.”
Awesome takedown of this poorly written paid advertisement by WSJ on Universa returns:
And they (Empirica, Universa, Taleb, etc) seem to do this often:
Apparently for 2-5k, you too can be an ‘amazing’ or ‘smartest guy I know’ in the WSJ!
What a novel idea, competitive health care pricing! Shocking that it works, lol. So many of our most pressing issues have answers, unfortunately the political/social will doesn’t exist to implement the solutions. IMO
Interesting points made in this article, increasing benefits rather then wage. Corporate margins would come in, would hopefully reduce government spending. I think healthcare costs are artificially high due to regulation and government intervention in the first place. This would reduce cost of labor and do good things for the job market IMO..