You know, maybe Harry, Nancy, and Barry are right - the insurance companies are earning a profit, and you and I have to pay for that profit through higher premiums. I was looking at Fortune, and the big insurers who cover most of us earn somewhere around $10 billion a year - a little more some years, a little less in others. Just think how much that equates to for each insured person! I don't know how many there are, but I'd say it's somwhere between 100 and 200 million people - so it's probably $50 to $100 per year those insurance company profits are costing you and me.
Anyone notice this CBS 60 Minutes piece over the weekend?
Medicare fraud has been around a long time. But what I don't understand is how healthcare reform is going to stop it. Won't it be possible the public option will be abused in the same fashion?
BTW does anyone ever notice that all the fraud happens in the government regulated programs? HUD? Medicare? Welfare?
Last edited by Tigg-let; 10/29/0911:21 AM.
_________________________ What would you do if you knew you could not fail? ~ Dr. R Schuller
You know, maybe Harry, Nancy, and Barry are right - the insurance companies are earning a profit, and you and I have to pay for that profit through higher premiums. I was looking at Fortune, and the big insurers who cover most of us earn somewhere around $10 billion a year - a little more some years, a little less in others. Just think how much that equates to for each insured person! I don't know how many there are, but I'd say it's somwhere between 100 and 200 million people - so it's probably $50 to $100 per year those insurance company profits are costing you and me.
Anyone notice this CBS 60 Minutes piece over the weekend?