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Old 03-09-2010, 02:44 PM   #1
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AFL-CIO president villifies Health Insurers.

Teh Afl-CIO president was shoutring to a crowd denouncing the heads of Health Insurance Companies as dark titans of greed. Stirring up a crowd with intentionally harsh rhetoric.

I wonder if he thinks America would be better off if these dark titans just closed shop and shut down health insurance.

Health Insurers are not the villains in our helath care problems. What are the villains.

Massive malpractice premiums
Defensive medicine (needless tests) so a doctor won't get sued.
Cutting edge technology- it is expensive
Research and Development- some drugs can cost $1 billion or more before they ever get to market.
Yes health insrance CEO's do make high multi million salaries- but hey if a basket ball player or baseball player can make $25 million a year is their bloated salaries that out of line with so many others bloated salaries?

I for one would not want to invest in Health Insurance stock. With only an average 3.3% ROI- It is definitely not a get rich quick scheme.

I think Obama and the copngress and the unions are seriously picking on the wrong people in this fight and somehow it will backfire- it usually does.

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Old 03-09-2010, 03:59 PM   #2
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Quote:
Originally Posted by nolidad View Post
Teh Afl-CIO president was shoutring to a crowd denouncing the heads of Health Insurance Companies as dark titans of greed. Stirring up a crowd with intentionally harsh rhetoric.
Did he call them socialist, communist facists who are taking over America and destroying our way of life making it "not the America I grew up in" like Beck says of those he disagrees with?

Quote:
I wonder if he thinks America would be better off if these dark titans just closed shop and shut down health insurance.
Yea: I keep hearing the governmental healthcare is really bad. I wonder why we make the brave men and women in the armed forces use it. It's odd how it's worked for decades in Hawaii.

Perhaps, and I'm not a mind reader, he would like them to stop dropping people when they get sick. Perhaps he would like them to focus on providing healthcare rather than stock value. Just a thought.

Quote:
Health Insurers are not the villains in our helath care problems. What are the villains.

Massive malpractice premiums
Which in turn are caused by massive malpractice.

I do agree that we should make a consistant way of determining payouts.
I also think we need more governmental regulation to stop bad doctors from working on patients.

Quote:
Defensive medicine (needless tests) so a doctor won't get sued.
Again, I'm no the mind-reader Noli is: but is seems the fact that doctors get paid per-test has created a scenerio where tests are fiscally benificial for the doctor, and a substitute for spending real time with each patient (which he does not get paid more for).

My GF, for example, recently had to send a patient to a hospital to get a procedure that could have easily been done in their office because the insurance would not cover the procedure in the office (tens of dollars), but would in the hospital (thousands of dollars)

Quote:
Cutting edge technology- it is expensive

Research and Development- some drugs can cost $1 billion or more before they ever get to market.
Sure... but it exists all over the world (Japan) without the associated healthcare costs.

Quote:
Yes health insrance CEO's do make high multi million salaries- but hey if a basket ball player or baseball player can make $25 million a year is their bloated salaries that out of line with so many others bloated salaries?
So it's OK to murder a couple of people because Ruwandan warlords are murdering thousands?

I suppose when not buying basketball tickets can cause me to die: I'll care what basketball stars make.

Quote:
I for one would not want to invest in Health Insurance stock. With only an average 3.3% ROI- It is definitely not a get rich quick scheme.
Really? Most years CEOs of health companies make tens of millions on stock options alone. My co-workers, until the drop two years ago, were seeing awesome returns on their company stock.
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