jillian
Princess
Scuze me. Large insurance companies are publicly traded and have an obligation to their shareholders to earn a decent return on capital. Those shares are widely held by pension funds, btw. So destroying insurance company profits just worsens the pension liabilities that are crushing state budgets.
that's correct, they owe their stock holders and THIS IS PRECISELY why we should not support this method of getting our health care....ONE'S HEALTH IS TOO IMPORTANT.
We could solve this problem of wasted money going to the middle man for our health with no medical treatment at all given, by cutting out the middle man and using OUR OWN $9.3 BILLION that they take as profit, on our own actual, medical treatments.
Whether we take the libertarian approach of us just going to the doctor and paying for what we needed done, without health insurance or two, moving in to a single payer gvt plan or a single payer non profit coop plan.
It's not something that could be done overnight to these health insurance companies, but it could be done slowly....in increments, and these companies can find another insurance to build their business on....most are not just in to health insurance alone either, they invest a great deal in the market and have other ventures and other items to sell....it could be they expand their supplemental insurance businesses to make due.
That you have no understanding of insurance or any other business is evidenced in every post.
I suggest you drop your health, car, and homeowners insurance immediately and start paying directly. Cut out the middleman!
she made more in business than you'll see in your sorry life. do you think if you pretend that what you say is true, then it becomes true?