Interesting article on the future of the big insurance co's

mcnomore · Post by **mcnomore** » Tue Oct 01, 2013 10:42 am

http://www.publicintegrity.org/2013/09/ ... h-insurers

coryhub · Post by **coryhub** » Tue Oct 01, 2013 11:54 am

I enjoyed reading your article. Nice to see those companies who profited off sick and ill uninsured people are now running scared. They are angry now but may as well move on to acceptance.

Sheila · Post by **Sheila** » Tue Oct 01, 2013 7:09 pm

Having suffered unnecessarily for 6 months awaiting back surgery because we changed insurance companies, and having my, at that time, current insurance company double my premium and disallow lower back issues EVER after my husband died, I am delighted that they will pay for their heartless greed. Dirty rotten scoundrels.

Sheila W

Blueberry · Post by **Blueberry** » Wed Oct 02, 2013 4:37 am

I thought John Steele Gordon had a nice write up on the overall profitability of the health care industry. Sadly Obamacare doesn't address this, but only exasperates the issue with firms now lobbying politicians and bureaucrats.

"Why Non-Profit Hospitals Are So Profitable"

http://www.commentarymagazine.com/2013/ ... rofitable/

&

As mentioned in Gordon's article too, the Time Magazine write up on the problem.

"Bitter Pill: Why Medical Bills Are Killing Us"

http://www.uta.edu/faculty/story/2311/M ... dGreed.pdf

Post by **tex** » Wed Oct 02, 2013 8:26 am

Blueberry,

Thanks for the links. That Time Magazine article especially, really delves to the dirty details of the problem.

Tex