Janet Rudd“Clearly, the insurance companies are the problem, not the solution. They are driving up the cost of health care. Because their massive bureaucracy avoids paying bills so effectively, they force hospitals and doctors to hire their own bureaucracy to fight the insurance companies to avoid getting stuck with an unfair share of the bills. The result is that since 1970, the number of physicians has increased by less than 200% while the number of administrators has increased by 3000%. It is no wonder that 31 cents of every health care dollar goes to administrative costs, not toward providing care. Even those with insurance are at risk. The single biggest cause of bankruptcies in the U.S. is health insurance policies that do not cover you when you get sick.
Filed under: Business, Healthcare, News | Tagged: America will someday come to recognize the broad social and economic benefits of a not-for-profit, and higher profits for insurance companies — a bailout under a blue cross., Congressman Dennis Kucinich (D-OH) today made the following statement:, H.R.3962, more subsidies, Notwithstanding the fate of H.R. 3962, Senator Max Baucus introduced a bill without a public option., single-payer health care system, the government is requiring at least 21 million Americans to buy private health insurance from the very industry that causes costs to be so high, the number of physicians has increased by less than 200% while the number of administrators has increased by 3000%, The result is that since 1970, The single biggest cause of bankruptcies in the U.S. is health insurance policies that do not cover you when you get sick., This inevitably will lead to even more costs, voting against H.R. 3962 - Affordable Health Care for America Act, which is good for the American people and good for America’s businesses, with of course the notable exceptions being insurance and pharmaceuticals.” | Comments Off
