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Obama Care

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Old 03-19-2010, 11:41 AM   #1
Trample the Elderly
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Re: Obama Care

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Originally Posted by dmek25 View Post
does this change anyone's opinion?
Blue Cross has just announced that it's immediately raising premiums charged to hundreds of thousands of individual customers by as much as 39%—even though their parent company's profits soared to a record $4.7 billion last year.

Even worse, the insurer has so far refused to explain why they're increasing their rates, and warned that they might do so again this year without warning.
Yeah I dropped them. You know there is no reason that the government can't bust Anthem Blue Cross & Blue Shield up like MaBell.

Come to think of it, most of these interlocking corporate entities can and should be broken up. Number one on my list is GoldMan Sachs.

Once upon a time a corporation's charter was subject to review. If it didn't serve the community, it was revoked.
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Old 03-19-2010, 12:31 PM   #2
firstdown
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Re: Obama Care

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Originally Posted by Trample the Elderly View Post
Yeah I dropped them. You know there is no reason that the government can't bust Anthem Blue Cross & Blue Shield up like MaBell.

Come to think of it, most of these interlocking corporate entities can and should be broken up. Number one on my list is GoldMan Sachs.

Once upon a time a corporation's charter was subject to review. If it didn't serve the community, it was revoked.
Last year the average health Ins. co. had a 3.3 profit and some of the highest profits where 4.5 %. Its not like they are making money hand over fist and see where they rank among other businesses.
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Old 03-19-2010, 12:44 PM   #3
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Re: Obama Care

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Last year the average health Ins. co. had a 3.3 profit and some of the highest profits where 4.5 %. Its not like they are making money hand over fist and see where they rank among other businesses.
Their profit is not my concern. They can make as much money as they like. Their influence is what troubles me.
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