Health Insurance woes

Read Why Your Health Insurer Doesn’t Care About Your Big Bills

The Affordable Care Act kept profit margins in check by requiring companies to use at least 80 percent of the premiums for medical care. That’s good in theory but it actually contributes to rising health care costs. If the insurance company has accurately built high costs into the premium, it can make more money. Here’s how: Let’s say administrative expenses eat up about 17 percent of each premium dollar and around 3 percent is profit. Making a 3 percent profit is better if the company spends more.

Pleasantly surprised to read this piece from ProPublica/NPR. Michael Frank was my professor for a Health Insurance course I took while at Columbia and he was a terrific one at it. Though I moved on to Property and Casualty Insurance as an Actuarial Analyst, I continue to be intrigued by Health. Who wouldn’t be -…

February 28, 2021 17:25

Met a couple friends and their familes on a short hike up the Pallavaram hills. Was good catching up after a while! Despite temperature being in the high 80s, the kids had a terrific time. On the organizing front though, I could have done better. We initially planned to meet at 10:00 but ended up…

Pallavaram Forest Hill

Every time we’ve flown in and out of Chennai, I’ve had my eyes on the hills right opposite the airport. Earlier this week, I found the access road to the Pallavaram Forest Hill and we decided to explore it over the weekend. We initially thought it might make sense to take the metro to the…

Vedanthangal Bird Sanctuary

We did a quick 2 hour road trip down to the Bird Sanctuary in Chengalpet this Monday. The location and the sanctuary design – amidst tall trees, lush green fields and a vast water body; really set the stage for a fabulous viewing experience. We obviously got to see a ton of migratory birds. Sparky…

The Adyar river trail

It’s so hard to find long dirt trails here in Chennai. So when I heard about the Adyar river trail, I hopped on the bike and head over across the city. Thoroughly enjoyed the 6kms of solidarity amidst this bustling city. Got Shasta and Meena over this weekend and they had their bit of nature-fix…