R
rdean
Guest
I dont understand the reason why Republicans work so hard to defend Health Care Insurance companies. They make their money by denying health care to the severely ill.
They dont make anything. They dont build anything. They license doctors and hospitals. A not for profit co-op could do that. And you could pay the CEO of a co-op 10 million and still have a high price manager. Only you wouldnt have so many administrative costs or stock options or corporate jets.
That would free up all those other executives to do things like sell American Made products to other countries instead of figuring out new ways to skim money off insurance policies.
That would drive down the cost of insurance.
This morning on Morning Joe the guests talked about a company that moved to Canada. They were paying 7 dollars an hour more here just on health care. Salaries have been flat for the last 8 years because the cost of health care has gone up as benefits dwindled, moving that money for salaries into just paying for health care. In that same time, Insurance Company CEO Salaries have doubled or tripled if you include stock options and bonuses. The CEO of Cigna received a 73 million dollar bonus. The company has two corporate jets. Not bad for a company that makes its money by skimming insurance policies.
So the question becomes, What are the benefits from these companies?
They dont make anything. They dont build anything. They license doctors and hospitals. A not for profit co-op could do that. And you could pay the CEO of a co-op 10 million and still have a high price manager. Only you wouldnt have so many administrative costs or stock options or corporate jets.
That would free up all those other executives to do things like sell American Made products to other countries instead of figuring out new ways to skim money off insurance policies.
That would drive down the cost of insurance.
This morning on Morning Joe the guests talked about a company that moved to Canada. They were paying 7 dollars an hour more here just on health care. Salaries have been flat for the last 8 years because the cost of health care has gone up as benefits dwindled, moving that money for salaries into just paying for health care. In that same time, Insurance Company CEO Salaries have doubled or tripled if you include stock options and bonuses. The CEO of Cigna received a 73 million dollar bonus. The company has two corporate jets. Not bad for a company that makes its money by skimming insurance policies.
So the question becomes, What are the benefits from these companies?