Re: Healthcare Reform
Posted by johncodie on 4/02/10
On 4/02/10, Thomas Paine wrote:
> Whether you choose to believe it or not, the facts are the facts. Insurance companies are
> highly regulated. Their financial data is public domain. Simply seek and ye shall find.
> Thomas Paine
Another misinformed statement of facts. Of all the damning and breach of contract data
obtained from multiple companies acquired to the final paying entity; the only thing in the
settlment they gave a damn about was the $$$ settlement figure. So if it is not in court
documents and had to sign an agreement not to divulge that figure; only the controller and
the person who wrote the check, have knowlege. So if the insurance company is keeping the
payouts confidential; how does the public get to see the amounts? The state regulatory only
regulates the policy wording, and the suposedly reserves.
The numbers that you are quoting are the numbers that the companies are posting after all
their purported losses, expenses, etc. etc. Thats what is called doctoring the books, or
cooking the books, or to other schemes called stealing from the stock holders.
Net operating profit 3% mass ass. Ever wonder why accountants and CPA make a good living
with simple addition and subtraction? They are able to create the best portfolio of numbers
and accounts and the shifting of money. You may not be up far enough the food chain to see
the stratagies starting on the health care reform; but the day after the health care reform
law was signed there were statagiest working on new products to maxamize the bottom line.
It got published on the internet as 3%, and that makes it so! Right there next to it is my
dream home that I just won!
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