Thursday, October 1, 2009

Health Careless

Since I haven't had to do much "work" over the last month, I have been listening to a lot of the "Health Insurance" debates. A few things strike me as very obvious;

Any changes to the law that might increase costs to Insurance Companies, will be passed on to the people who are paying for it (they will not lose a penny in profits.

The Republicans and quite a few Democrats/Independents want to protect these companies, because they get a lot of money from them (which is legal for some reason).

If you can decipher this United Health Group (one of the big fish) financial data sheet, they earned about $2 Billion in flat profit over the last year. I don't think that it includes profits (they call it earnings) for any of their many subsidiaries.

Um, it seems logical to me that going with a socialised plan for all US Citizens would save billions, even if there is mis-management by the government? I am just thinking of my own wallet, and not the big fat wallets of the Insurance Companies...

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