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Wednesday, August 12, 2009

Getting rich by denying Americans health care

The Health Insurance Racket: Getting Rich by Denying Americans Care

UnitedHealthcare CEO Stephen Hemsley owns $744,232,068 in unexercised stock options. CIGNA’s Edward Hanway spends his holidays in a $13 million beach house in New Jersey. Meanwhile, regular Americans are routinely denied coverage for the care they need when they need it most.

Welcome to the American health insurance industry. Instead of helping policyholders attain the health security they need for their families, big insurance companies get rich by denying coverage to patients. Now they’re sending lobbyists to Washington, DC to twist the arms of lawmakers to oppose reform of the status quo. Why? Because the status quo pays.

Go to this link for a video and/or information:

http://sickforprofit.com/

Don't tell me we don't need health care reform.

We do and we need it badly.

4 comments:

Hyperblogal said...

You are 100% correct. Medicare delivers healthcare for a cost of a paltry 3%..... Coventry, which never saw a claim it didn't try to deny, delivers "healthcare" at a cost of 19%... so much for the efficiency of the private marketplace. The only way private insurers make money is to deny care.

Mo Rage said...

understand, HB, I believe what I put up there but, for once, didn't write this. If you go to the link, you can see I put up part of their first page.

Anyway, we need this reform, that's for sure.

MR

GOPnot4me said...

After 35 years as a health care provider, I'm here to tell you...

W and his friends, over his two terms, have set the entire healthcare system up to enrich their base at the expense of the sick and the chronically ill.

The profit motive is antithical to the care of health.

In ten years our reimbursement has gone down 25%. Our costs have doubled, 66% of payroll goes to fighting insurance companies, patient out of pocket expenses have tripled, we have to re-submit claims multiple times and HMO, Insurance and Big Pharm honchos have seen their income rise by 400%

Death panels? Government beaurocrats? Give me a break.

The person on the other end of the phone, denying your necessary procedure, is a minimum wage drone reading from a script mandated by a for-profit insurance company just chomping at the bit to de-enroll you.

After all, you had the temerity to get sick.

Bastards.

(PS: patients at our clinic, visits paid for by MediCare and a secondary like Tri-Care {military retirees and families} are often the first to holler "Keep the government out of my healthcare!" Rich)

Nice to be reffed by Skippy: congrats, Mo

Mo Rage said...

Thanks for the note, information and good words, GOP. I'm going to quote you:

"The profit motive is antithetical to the care of health."

You are so right.

Stay in touch,

MR