Health Care Republican Style
April 28, 2011 Leave a comment
So from what I understand the Republican health-care scheme we Americans are going to get from them is like the following:
” By the time the New York Stock Exchange closed last Thursday, shares of United Health’s stock had shot up more than 8 percent and reached their highest value in more than three years. The company’s shareholders, including Hemsley, now the highest paid CEO in America, were suddenly much wealthier.
Owners of health insurance company stock continued to get richer this week. On Tuesday, Humana Inc. announced that its first quarter earnings would be so much better than Wall Street expected that it was raising its full-year profit outlook and instituting a dividend. The company’s stock price jumped 5.5 percent after disclosing that fabulous news.” Full story
See the companies can make so much more money by denying/turning down medical bills from their customers. They do this with the fine print, and 100’s of thousands of people are very surprised every year to find they aren’t covered for many many health problems. Meanwhile the industry as a whole gets richer and richer and they can pay bribes to our Senators and Congressmen to keep the business flowing their way.
“To make this kind of money, insurance companies have to spend far less paying their policyholders’ medical claims than anyone thought possible.
They’ve been able to do that so far this year, despite the new health care reform law, by shifting many policyholders into plans that force them to spend more from their own pockets before coverage kicks in. Insurance firms also fatten their bottom lines by denying more claims.”
The Republicans basically want to get rid of Medicare and turn ALL medical problems to the private sector where they can skim money more effectively and control what the “little people” have. Medical security is for them like communism…and they don’t really care because almost all of them are millionaires or better and they and their families will be O.K. no matter what.
And those poor fools on the outside…Tea Party…Just blindly go where the Koch brothers tell them.