Obama have successfully demonized the strength insurance industry but when the insurance companies no longer?
make a profit who is going to cover Americans then?
If you thieve the profit out of health care no business will provide a service.
Answers:
The insurance companies are going to have to drop a long style before they fail to create the 12.9 billion dollars they made last year. Whether they continue to variety a profit depends to a large extent on how much of their budgets(currently 30 to 40%) they continue to spend denying claims and dropping the insured. If broad health insurance takes place, prices will be capable of drop across the board because the cost of the uninsured will be removed, so their premiums can get lower. But hey, let's not demonize them, huh?!
President Obama has done no such thing as "demonize" robustness insurance companies, of which there are over 1200 operating in the U.S. The insurance industry is presently pushing to have a profit of 35 cents out of every health thoroughness dollar be profit (higher than even casinos are allowed by law, with 25 cents on the dollar surrounded by Vegas and 17 cents on each dollar in NJ). Either you are a lobbyist or shill for the insurance companies or you are misinformed.
For years, insurance companies enjoy spent billions each year trying to find ways to deny claims. They control which procedure you can have, which doctor or HMO you can see, and how much you pay envelope out of your own pocket---and their premiums have increased each year by 3X the rate of inflation. When the uninsured (and this have included the millions of uninsured illegal immigrants, by the way) show up at the Emergency Rooms for treatment, the hospital administrator pass these costs on to insurance companies, who then overhaul them along to you (cutting services, raising rates at your place of employment or onto you personally, or dumping you or your clan member/s as soon as someone is injured or sick). Nobody has to demonize this diabolical and greedy industry--they do a mighty fine job demonizing themselves through their wounding practices (to include multi-million dollar bonuses plus salaries for their executives even during this severe recession).
What President Obama is proposing is to bring costs under control. This does NOT tight-fisted the 1200 for-profit insurance companies cannot make a profit still, but what it does mean is that this profit must remain proportionate to the level of service they provide. In other words, they will no longer be able to have profits from refuse to insure someone who has a pre-existing condition nor will they be allowed to take premiums from relatives (raising them 3x cost-of-living increases) only to refuse to cover these same empire as soon as an illness or injury occurs. These are GOOD things, so why would anyone surrounded by their right minds be against them?? Can you really imagine that a fatcat insurance executive who has made, utter, $25 million in salary and have added another $15 million in bonuses for a single year of "work", plus all the perk (private jets, paid vacation, Golden Parachute, full health coverage, etc.) is going to suffer if a public option for the ones his company have no desire to insure anyway is offered to those who are currently uninsured or underinsured? This would be like a pack of ravenous wolves human being scared of a Pekinese puppy...puleeeezzze. Source(s): "The Republican Noise Machine: Right-Wing Media and How It Corrupts Democracy" by ex-conservative rightwing insider David Brock.
healthcarelobbyists.org
The tax payer will be expected to bail them out!
Obama can't make up his mind who to demonize at this point. The insurance industry does entail to clean up a lot of their throw away, and hopefully with the dialogue going on in the country right presently this will happen.
But, the Government will have to too. Will they? We can merely hope. History tells us that it isn't likely to surface anytime soon.
The one thing that hasn't been debate much is that the reason why our health meticulousness is so expensive is because we have the best innovative
procedures and equipment to do it. This costs money. We need tort restructuring and we need the insurance people enjoy to continue even if they move to another job or state.
And, we have need of to fix Medicare and Medicaid. But, we don't need the Democrats health thoroughness plan. Source(s): Common Sense
Who says vigour insurance companies won't be able to make a profit? And, how much profit should a corporation sort (and how large should executive salaries be) at the expense of people's lives?
Oh, Have no worries on that front..The insurance companies will hold to lower rates, so they will start finding their own waste to cut in lay down to keep profits up...They won't go out of business, never mistrust. They want a piece of that pie that's baking right now. THINK!! 47 million people adjectives paying a base coverage cost of 70 bucks a month times 12 months? Holy Smoke..that's a lot of $$$$$.NOPE, the insurance companies will be JUST FINE>
Then we will all be forced onto the government program, which is their final plan. Taxation will follow on all levels as we enjoy seen Medicare is unsustainable thus we will be paying the government for substandard strictness that will be based on our age as to how much of a benefit we will be afforded. Rahm Emanuels brother thinks it should work contained by the benefit of those that can give back and capably if you do not follow in the age range of 15-50 years of age you are simply SOL!
"Obama have successfully demonized the health insurance industry"
LMAO
Did you just awake from a 40 year coma?
Intelligent populace have known for years that the strength care industry has be screwing Americans.
Just ONE more business they will hold taken over on their way to changing this country to a Socialist country!! Isn't that the Liberal's plan? Get the public lower than total control and them give them little tidbits as they NEED it!
Western Europe and Canada wallow in far superior medical that the average US citizen because they have s single payer not concerned about profit.
You should adjectives be lucky enough to enjoy such coverage, and yes; I speak from experience!
works in the rest of the developed world, your creating a straw man
It is past time to reorganize barry, The Little Socialist Community Organizer.
Right and that's exactly what's be happening in the rural areas of America for decades.
While the urban and suburban areas of America tend to be over served by healthcare services and providers just the opposite is true of the rural areas
There are towns surrounded by some of the Red States that are over 100 miles from a hospital
Something to think about the subsequent time you vacation out there
True ...the economy will drop to a brand new low because of him.
An industry next to a 40 percent gross profit margin, after heaping adjectives those those millions on their manager class, has a long instrument to go. especially since they can provide claims processing for medicare and medicaid for less than 3 percent of the premium dollar and still bring in a profit. Keep in mind. These insurance companies also process medicare and medicaid claims for the government on a contract cause.
Related Questions:
If you thieve the profit out of health care no business will provide a service.
Answers:
The insurance companies are going to have to drop a long style before they fail to create the 12.9 billion dollars they made last year. Whether they continue to variety a profit depends to a large extent on how much of their budgets(currently 30 to 40%) they continue to spend denying claims and dropping the insured. If broad health insurance takes place, prices will be capable of drop across the board because the cost of the uninsured will be removed, so their premiums can get lower. But hey, let's not demonize them, huh?!
President Obama has done no such thing as "demonize" robustness insurance companies, of which there are over 1200 operating in the U.S. The insurance industry is presently pushing to have a profit of 35 cents out of every health thoroughness dollar be profit (higher than even casinos are allowed by law, with 25 cents on the dollar surrounded by Vegas and 17 cents on each dollar in NJ). Either you are a lobbyist or shill for the insurance companies or you are misinformed.
For years, insurance companies enjoy spent billions each year trying to find ways to deny claims. They control which procedure you can have, which doctor or HMO you can see, and how much you pay envelope out of your own pocket---and their premiums have increased each year by 3X the rate of inflation. When the uninsured (and this have included the millions of uninsured illegal immigrants, by the way) show up at the Emergency Rooms for treatment, the hospital administrator pass these costs on to insurance companies, who then overhaul them along to you (cutting services, raising rates at your place of employment or onto you personally, or dumping you or your clan member/s as soon as someone is injured or sick). Nobody has to demonize this diabolical and greedy industry--they do a mighty fine job demonizing themselves through their wounding practices (to include multi-million dollar bonuses plus salaries for their executives even during this severe recession).
What President Obama is proposing is to bring costs under control. This does NOT tight-fisted the 1200 for-profit insurance companies cannot make a profit still, but what it does mean is that this profit must remain proportionate to the level of service they provide. In other words, they will no longer be able to have profits from refuse to insure someone who has a pre-existing condition nor will they be allowed to take premiums from relatives (raising them 3x cost-of-living increases) only to refuse to cover these same empire as soon as an illness or injury occurs. These are GOOD things, so why would anyone surrounded by their right minds be against them?? Can you really imagine that a fatcat insurance executive who has made, utter, $25 million in salary and have added another $15 million in bonuses for a single year of "work", plus all the perk (private jets, paid vacation, Golden Parachute, full health coverage, etc.) is going to suffer if a public option for the ones his company have no desire to insure anyway is offered to those who are currently uninsured or underinsured? This would be like a pack of ravenous wolves human being scared of a Pekinese puppy...puleeeezzze. Source(s): "The Republican Noise Machine: Right-Wing Media and How It Corrupts Democracy" by ex-conservative rightwing insider David Brock.
healthcarelobbyists.org
The tax payer will be expected to bail them out!
Obama can't make up his mind who to demonize at this point. The insurance industry does entail to clean up a lot of their throw away, and hopefully with the dialogue going on in the country right presently this will happen.
But, the Government will have to too. Will they? We can merely hope. History tells us that it isn't likely to surface anytime soon.
The one thing that hasn't been debate much is that the reason why our health meticulousness is so expensive is because we have the best innovative
procedures and equipment to do it. This costs money. We need tort restructuring and we need the insurance people enjoy to continue even if they move to another job or state.
And, we have need of to fix Medicare and Medicaid. But, we don't need the Democrats health thoroughness plan. Source(s): Common Sense
Who says vigour insurance companies won't be able to make a profit? And, how much profit should a corporation sort (and how large should executive salaries be) at the expense of people's lives?
Oh, Have no worries on that front..The insurance companies will hold to lower rates, so they will start finding their own waste to cut in lay down to keep profits up...They won't go out of business, never mistrust. They want a piece of that pie that's baking right now. THINK!! 47 million people adjectives paying a base coverage cost of 70 bucks a month times 12 months? Holy Smoke..that's a lot of $$$$$.NOPE, the insurance companies will be JUST FINE>
Then we will all be forced onto the government program, which is their final plan. Taxation will follow on all levels as we enjoy seen Medicare is unsustainable thus we will be paying the government for substandard strictness that will be based on our age as to how much of a benefit we will be afforded. Rahm Emanuels brother thinks it should work contained by the benefit of those that can give back and capably if you do not follow in the age range of 15-50 years of age you are simply SOL!
"Obama have successfully demonized the health insurance industry"
LMAO
Did you just awake from a 40 year coma?
Intelligent populace have known for years that the strength care industry has be screwing Americans.
Just ONE more business they will hold taken over on their way to changing this country to a Socialist country!! Isn't that the Liberal's plan? Get the public lower than total control and them give them little tidbits as they NEED it!
Western Europe and Canada wallow in far superior medical that the average US citizen because they have s single payer not concerned about profit.
You should adjectives be lucky enough to enjoy such coverage, and yes; I speak from experience!
works in the rest of the developed world, your creating a straw man
It is past time to reorganize barry, The Little Socialist Community Organizer.
Right and that's exactly what's be happening in the rural areas of America for decades.
While the urban and suburban areas of America tend to be over served by healthcare services and providers just the opposite is true of the rural areas
There are towns surrounded by some of the Red States that are over 100 miles from a hospital
Something to think about the subsequent time you vacation out there
True ...the economy will drop to a brand new low because of him.
An industry next to a 40 percent gross profit margin, after heaping adjectives those those millions on their manager class, has a long instrument to go. especially since they can provide claims processing for medicare and medicaid for less than 3 percent of the premium dollar and still bring in a profit. Keep in mind. These insurance companies also process medicare and medicaid claims for the government on a contract cause.
Related Questions:
- Are here any insurance companies that do not produce you hang around 6 months contained by proclaim to bring back benefits?
- If I own 2 doctors can my insurance company relay info subsidise and forth to both my doctors?
- Insurance companies?
- I WOULD LIKE TO KNOW IS IT TRUE AN INSURANCE COMPANY CAN MAKE ME KEEP MY CAR AFTER IT WAS A TOTAL LOSS?
- My sister be awarded a settlement. The insurance company have appealed it. How long can it be contained by appeals court