Republicans needn't worry - Health Care companies make record profits.

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by rdean, Aug 13, 2010.

  1. rdean
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    rdean rddean

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    Executives at health insurance giants cash in as firms plan fee hikes

    Leaders of Cigna, Humana, UnitedHealth, WellPoint and Aetna received nearly $200 million in compensation in 2009, according to a report, while the companies sought rate increases as high as 39%.

    H. Edward Hanway, former chief executive of Philadelphia-based Cigna, topped the list of high-paid executives, thanks to a retirement package worth $110.9 million. Cigna paid Hanway and his successor, David Cordani, a total of $136.3 million last year.

    Only one executive in the list actually saw his paycheck shrink last year: Ron Williams, the CEO of Hartford, Conn.-based Aetna Inc., earned nearly $18.2 million in total compensation, down from $24.4 million in 2008.

    Executives at health insurance giants cash in as firms plan fee hikes - Los Angeles Times

    For all those who were worried Insurance Company Executives weren't being paid enough, those companies have found new ways to squeeze money from the American people getting around guidelines Democrats put in place to protect American citizens.

    UnitedHealth raises outlook as profit rises 31% - MarketWatch

    Republicans relieved Health Care companies protected from the greedy middle class.
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    The hell you say?!?!?

    Moonbat Fabian socialists mandate that high risks eventually be forced into the insurance pool and rates go up?

    Who saw that coming?
     
  3. WillowTree
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    WillowTree Diamond Member

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    :lol::lol::lol::lol:

    and they have to keep their 26 year old babies covered too
     
  4. uscitizen
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    uscitizen Senior Member

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    Of course I predicted this years ago.
    And commented on it recently.
    The Health care reform act was set up by lobbyists to benefit the most the industry that it was supposed to regulate.

    Who should be suprised at this?
     
  5. rdean
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    rdean rddean

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    Soooooo, the reason for record profits and CEO's record paychecks is because people put their collage age kids on their insurance policies?

    Another example of right wing voodoo economics.
     
  6. rdean
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    rdean rddean

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    I agree. I'm really mad at those fucking assholes who blocked single payer and worked against helping Obama create the kind of reform we really needed. The assholes.

    Oh, wait,

    That's not what you meant?
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    It's the reason that rates and profits went up...The insurance companies are sandbagging the profits for the possible day that they may have to insure someone with a blown out knee or cancer after the fact.

    If it's an example of anything, it's how you really don't know diddly-poo about how bidness operates.
     
  8. rdean
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    rdean rddean

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    As opposed to cutting their policies as soon as they become sick?

    Hey, is giving a CEO a hundred and thirty six million dollars the way to keep the money "safe" in case they need it in the future????

    I like you. You're "funi".
     
  9. Oddball
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    Oddball BANNED Supporting Member

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    Insurance companies are obviously sandbagging funds that they're going to need, in advance of being forced to "insure" deadbeats who haven't paid in a dime for their coverage.

    The CEO's pay is decided by the respective boards of directors.

    Is there no end to your paycheck envy? :lol:
     
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  10. rdean
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    rdean rddean

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    Oh you are so right. It's all about "envy".

    Hmmh, let's see. Where does that money come from?

    Middle class America pays for insurance. Insurance companies who don't employ any doctors or nurses. Don't own any hospitals. They act as the "middle man" for these services.

    How many policies are skimmed or denied to create a hundred and 36 million dollars?

    That's the difference between me and a Republican. I'm appalled at someone who would do that to other Americans. They applaud someone who would do that to other Americans.:clap2::clap2::clap2::clap2:
     

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