Re: Healthcare Reform
Posted by Sharon on 4/01/10
Not be obtuse, intentional or otherwise. Of course I searched the net to find a
legitimate source as reference for the 3 percent insurance profit mantra. I could not
Below is what I found as best from a statistical and numerical standpoint. Says health
insurers parent companies are raking in record profits, Feb 2010.
Perhaps you not realizing ALL the areas of your life and our economy as a whole that
are greatly influenced by the influence of the insurance industry.
Read today that they are going to be jumping strong into the multi-tenant housing
lending game, now that Fannie and Freddie are flat.
Again, I looked. I can find no legitimate source reference for that 3 percent profit
figure. Just alot of regergitating of Faux News. Look it up yourself if you do not
believe me. Let me know what you find.
On 4/01/10, Thomas Paine wrote:
> There are several Constitutional challenges to the health reform law. There are a
> few brave and patriotic state Attorneys General who are launching a challenge.
> Others seem more concerned with politics than their fiduciary duties to the state.
> Hopefully, these cowards will be identified and voted out of office or fired as the
> case may be - that includes Eric Holder.
> The State Attorney General is our last line of defense from a runaway Federal
> government who seems intent on trampling State Rights and the rights of citizens. In
> one year, this administration has buried deeper the Constitution than the last five
> administrations combined.
> I am hopeful one day we can elect a true Libertarian to restore the Republic for
> these are most assuredly dark, oppressive times.
> Thomas Paine
> On 4/01/10, johncodie wrote:
>> Now that the United States is the business of Insurance rather than the States
>> having the rights to regulate the insurance industry; there is a Constitutional
>> Amendment that Limits the Size and/power of the government. That would be our
>> preamble Bill of Rights. Insuance got around federal law when it was deemed as
>> not having a monetary value, as a good that has value. There are State laws, and
>> now federal laws on the interest rates, as there are regulator State laws as
>> amounts that can be charged by franchises that don't have to compete.
>> "Tort" reform was a need to stave off the litigation hell holes here in
>> Mississippi as soon to be billon dollar judgements would be rendered. Many if not
>> all wonderful doctors where on their way to respectful states.
>> Now I can understand any company wanting to ensure a "profit" and 3&37; surely
>> tied over a worker going into retirement if it would contine in interst payments.
>> My brother in law is making millons selling policies. I would say the range is
>> more in the line of 25&37; in a given year. Even in the Katrina payouts everyone
>> making a profit.
>> I can appreciate the 3&37; typical ploy but it doesn't make it for me. I did get
>> approached from a former XYZ sales person trying to get gas money, ride another
>> 100 miles down the road to be with his former wife. He was from the presidents
>> town and I guess he got cut like alot of others. He told me what a standup
>> citizen he was down on his luck, and how he sold this top brand of insurance that
>> left me and my kids on the steps of bankrupcy for a few years. Should I say I
>> reached in my pocket and couldn't even pull out a dime. When were down on our
>> luck it just pours doesn't it.
>> On 4/01/10, Sharon wrote:
>>> Alot of common sense in what you say. But, I question your original premise.
>>> Where are the statistics that support the proposition the insurance industry's
>>> profits are only around 3&37;? Keep in mind that Big health insurance companies
>>> also property insurers, E & O insurers, etc, in most instances.
>>> This 3&37; premise. The only friends of mine that quote that mantra are those
>>> watch Faux News. Do you know where this concept originated or where one can
>>> legitimate documentation to back up that proposition?
>>> Not saying you are wrong. Just saying I can find nothing as a legitimate source
>>> of reference for the insurance industry 3&37;, Republican buzz words mantra.
>>> And, do you feel it is reforming the tort system for the US Chamber & Manhattan
>>> Institute to list false physician authorship - on documents that are submitted
>>> courts to stave off financial liability for illness and injury?
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