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#1276662 - 10/29/09 04:10 AM That's a lot of money!
Jokerman Offline
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Posts: 12,846
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?

http://www.cbsnews.com/stories/2009/10/23/60minutes/main5414390.shtml

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#1276670 - 10/29/09 10:59 AM Re: That's a lot of money! Jokerman
Tigg Offline
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Tigg
Joined: Jan 2008
Posts: 6,389
Looking for My Happy Place....
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; 10/29/09 11:21 AM.
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What would you do if you knew you could not fail? ~ Dr. R Schuller

My opinion only.

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#1276706 - 10/29/09 01:00 PM Re: That's a lot of money! Tigg
Pale Rider Offline
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Posts: 34,318
under the Lone Star
but Naancy will unveil the plan today, and it will save $500 million in medicare alone!!!!!!!!!!!!!!!!!!!
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Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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#1277116 - 10/29/09 07:46 PM Re: That's a lot of money! Pale Rider
Miscuit Offline
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Miscuit
Joined: Aug 2005
Posts: 18,789
TX
is that sarcasm?

it's difficult to tell

smirk

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#1277169 - 10/29/09 08:53 PM Re: That's a lot of money! Miscuit
Pale Rider Offline
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Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
doctor doctor....

Mistress MD.....

can you what's ailing me?
_________________________
Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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#1277180 - 10/29/09 09:01 PM Re: That's a lot of money! Pale Rider
Miscuit Offline
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Miscuit
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Posts: 18,789
TX
not today

but tomorrow i can give you a full diagnosis

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#1277189 - 10/29/09 09:22 PM Re: That's a lot of money! Jokerman
straw Offline
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straw
Joined: Nov 2002
Posts: 9,121
Originally Posted By: Jokerman
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?

http://www.cbsnews.com/stories/2009/10/23/60minutes/main5414390.shtml


Don't worry. The government will take the profit out of it.

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