Not so much the “big business,” Justice22, but the government intervention. When you have a bottomless well to dip into, it greatly increases the incentive. Same reason higher education costs increase faster than the general inflation rate.
While insurance must be registered to do business within a state, It is largely unregulated (as of now) as to how much their profit margin can be, who they can insure, and under what circumstance they can drop an insured.) After my doctor obtained permission to hospitalize me for 3 days (asked for 5) I received a letter saying they may not pay according to the outcome of tests. (I “flatlined on the cath slab. The doctor was unable to properly prepare me for my tests. She charged $25 and insurance said she charged too much, only approved $20.)
By the way, they owned most of the banks that were bailed out, they phony insured through derivatives the mortgage investments that failed, all because the got a special anti-trust exemption. Anyone defending them should also defend welfare cheats, tax evaders and felons.
How can the Republicans hold up anything since the dems have an unbeatable majority in both houses, and don’t need a single opposition vote to pass anything?
FREDBUHL Shh! You’ll upset the liberals with the truth. Don’t let on that it’s been this way since 2006. They’d rather blame Bush. Don’t even mention that no President in history passed a law. Get them confused.
^, ^^ The Senate Democrats have to have 60 votes in order to get a bu ill through to make it law. Over 400 times the Republicans have filibustered bills before the Senate during this Congressional term. That is more than the filibuster has been used in our history.
taker48 about 14 years ago
Sounds like any insurance I’ve known to date
Yukoneric about 14 years ago
Drop ‘em and bend over!
gjsjr41 about 14 years ago
OW
gobblingup Premium Member about 14 years ago
Keep lowering them…further…
lewisbower about 14 years ago
Those men wouldn’t be in Washington if they didn’t know what they were doing. You get what you asked for.
Justice22 about 14 years ago
I remember the time when most insurance companies gave refunds. That was before it became big business,
dsom8 about 14 years ago
Not so much the “big business,” Justice22, but the government intervention. When you have a bottomless well to dip into, it greatly increases the incentive. Same reason higher education costs increase faster than the general inflation rate.
Carl_Arm about 14 years ago
Obama health care.
Justice22 about 14 years ago
While insurance must be registered to do business within a state, It is largely unregulated (as of now) as to how much their profit margin can be, who they can insure, and under what circumstance they can drop an insured.) After my doctor obtained permission to hospitalize me for 3 days (asked for 5) I received a letter saying they may not pay according to the outcome of tests. (I “flatlined on the cath slab. The doctor was unable to properly prepare me for my tests. She charged $25 and insurance said she charged too much, only approved $20.)
freeholder1 about 14 years ago
Right, like the Obama care that doesn’t even exist yet causes premiums to go up. How many of you tried out for the Stooges movie auditions?
freeholder1 about 14 years ago
By the way, they owned most of the banks that were bailed out, they phony insured through derivatives the mortgage investments that failed, all because the got a special anti-trust exemption. Anyone defending them should also defend welfare cheats, tax evaders and felons.
ububobu about 14 years ago
Since tax evaders, felons and cheats are in charge now, granting favors to the insurance companies comes under the heading of professional courtesy.
fredbuhl about 14 years ago
How can the Republicans hold up anything since the dems have an unbeatable majority in both houses, and don’t need a single opposition vote to pass anything?
lewisbower about 14 years ago
FREDBUHL Shh! You’ll upset the liberals with the truth. Don’t let on that it’s been this way since 2006. They’d rather blame Bush. Don’t even mention that no President in history passed a law. Get them confused.
Justice22 about 14 years ago
^, ^^ The Senate Democrats have to have 60 votes in order to get a bu ill through to make it law. Over 400 times the Republicans have filibustered bills before the Senate during this Congressional term. That is more than the filibuster has been used in our history.