Quote:
Originally Posted by Pleasurepays
insurance companies have nothing to do with the cost of health care. again, i sit everyday with the ex-CFO of Blue Cross/Blue Shield and have these conversations often. their margins are very small.
you're health care is expensive (if you think it is for some reason) because ambulance chasing attorneys and a legal system spun out completely long ago, makes it too expensive to insure people.
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Margins mean shit. Exxon has small margins and makes hundreds of billions a year. United Healthcare's CEO got an exit package of $1.1 billion dollars. I have a feeling that the company wasn't hurting.
Ambulance chasers are one part of why they are high. Even if you got rid of that completely, there is no reason any health insurance company would ever take on someone with a serious pre-existing condition or genetic history susceptible to illness. You can yell the talking point about torn reform all you want, but there is no way any insurance company takes on a cancer survivor and potentially puts themselves at risk for hundreds of thousands of dollars in treatment.