Home |
Search |
Today's Posts |
|
Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
Reply |
|
LinkBack | Thread Tools | Display Modes |
#1
Posted to rec.crafts.metalworking
|
|||
|
|||
Health Insurers Post Record Profits
"Cliff" wrote in message ... On Sun, 14 Feb 2010 10:34:43 -0600, "Burled Frau" wrote: "Cliff" wrote in message . .. On Sat, 13 Feb 2010 10:05:02 -0600, Lookout wrote: On Sat, 13 Feb 2010 03:42:00 -0500, Cliff wrote: http://abcnews.go.com/Health/HealthC...ory?id=9818699 [ Health Insurers Post Record Profits Insurance Firms Rake in Profits as They Cut Patients, Advocacy Group Says ] [ In the midst of a deep economic recession, America's health insurance companies increased their profits by 56 percent in 2009, a year that saw 2.7 million people lose their private coverage. The nation's five largest for-profit insurers closed 2009 with a combined profit of $12.2 billion, according to a report by the advocacy group Health Care for American Now (HCAN). .... The HCAN report attributed this year's profits largely to insurers' dropping coverage of 2.7 million people, who then moved onto public insurance plans such as Medicaid. ] And the conservatives think nothing is wrong. Melanie Shouse died. "Ms. Shouse requested that her body be cremated wearing her Obama T-shirt." -- Cliff Cliff would prefer the alternative, where the insurance companies would not be able to make any payouts because of of no profits. The Swiss insurance companies pay their claims. They have no profits. If you understand how health care insurance works in the US, you recognize that there are two ways for an insurance company to make more profit: Cut down the size of their covered communities, leaving only the young and healthy ones; or sit back and wait for health care costs to rise. If you don't recognize those points, you don't understand how it works. Oh, there's a potential third way, which the insurance companies may yet accomplish: Get the government to mandate private coverage, with government subsidies; fight off price controls; and then sit back and count your money. This is an Idiot Policy that rips off the whole country, something like Medicare Part D. -- Ed Huntress |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|