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Yes, because obviously 3.56% is too much profit for insurance companies.
Maybe it is. Ask the previous poster who suggested it. I simply see no systemic harm from making health insurance companies not-for-profit.
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Originally Posted by lycos679
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Originally Posted by bUU
applying the buying power of the nation to secure the best rates.
The CEO of HCA can make $47 million/year, but if an insurance CEO makes a fraction of that he must be a leech.
Do you actually read the messages you replied to? It seems not, but that's pretty typical for responses to my postings from you... perhaps what happens in that you see my user name and your eyes foam up?
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Originally Posted by lycos679
Nobody is going to force you to buy insurance and if you don't want their services you can pay cash for medical care.
Which has nothing to do with addressing the actual problem, that being the affordability of this basic essential of life by all. But please don't let us moral folks who actually care about other people get in the way of your attempt to distract attention from the core point to feed your own excessively-exploitative political perspective.
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Originally Posted by lycos679
As it should be, there is a legal and ethical duty to maximize profit for shareholders.
Maybe they could make more profit if they didn't pay their top executives such outlandish salaries. Every single CEO on the list I posted works for a health insurance company.
Profits are bad when healthcare is treated like the auto industry, or the entertainment industry. Healthcare should be a right, not a privilege. It should not be based on how wealthy you are. People should not be making millions of dollars from American's healthcare dollars. The money spent on healthcare should go to healthcare not hundreds of millions of dollars in executive pay. How does that improve the health of the nation? It may improve the bottom line of a corporation but I'm talking about the nation's HEALTH.
ALL of those industries in the graphic you posted are making excessive profits. The average profit for all industry is about 2.8 %. That is considered good. These profits are ridiculous. And we wonder why America spends about twice as much per capita on healthcare than any other nation does.
The only reason health industry profits seem lower than some other industries is because the biggest corporate blood-sucker leeches of all, the financial industry, leads everyone in sucking the life-blood out of the American people and economy.
Typical liberal.
Base an entire argument on emotion instead of reason.
I don't like it. Some people make too much. BooHooHoo. :c rying:
The liberal argument represents a moral balancing of human decency and reason, while the right-wing argument is egoistic, devoid of any sense of humanity, and coldly-calculated to be self-serving and greed-centric.
Hiring is not based on feel good policy but is rather a business decision. If a business can make a more substantial profit by hiring, they hire. If they can't then they won't hire. Right now the economy is still too sluggish and manufacturing is still down. Then there is the poison pill of Obamacare. Hiring will be directly affected.
Maybe they could make more profit if they didn't pay their top executives such outlandish salaries. Every single CEO on the list I posted works for a health insurance company.
Profits are bad when healthcare is treated like the auto industry, or the entertainment industry. Healthcare should be a right, not a privilege. It should not be based on how wealthy you are. People should not be making millions of dollars from American's healthcare dollars. The money spent on healthcare should go to healthcare not hundreds of millions of dollars in executive pay. How does that improve the health of the nation? It may improve the bottom line of a corporation but I'm talking about the nation's HEALTH.
ALL of those industries in the graphic you posted are making excessive profits. The average profit for all industry is about 2.8 %. That is considered good. These profits are ridiculous. And we wonder why America spends about twice as much per capita on healthcare than any other nation does.
The only reason health industry profits seem lower than some other industries is because the biggest corporate blood-sucker leeches of all, the financial industry, leads everyone in sucking the life-blood out of the American people and economy.
Pretty soon the myth of the "job creators" will be one that the conservatives will be forced to stop pretending exists, just like "trickle down economics."
It is pretty obvious that the Bush and Obama Administrations have been very kind to big business interests. TARP, low tax rates, low interest rates,etc. Why don't businesses want to hire people in the country that saved their asses?
Simple question. Discuss.
Because the elite majority shareholders on the boards of these companies along with the CEOs like their lavish lifestyles. $20 million a year is not enough for them.
Pretty soon the myth of the "job creators" will be one that the conservatives will be forced to stop pretending exists, just like "trickle down economics."
They rather be slave drivers to 3 employees instead of hiring a 4th, paying them the same and allowing them to all have a better work life balance.
It is pretty obvious that the Bush and Obama Administrations have been very kind to big business interests. TARP, low tax rates, low interest rates,etc. Why don't businesses want to hire people in the country that saved their asses?
Simple question. Discuss.
Maybe because most of the product coming out of schools these days are defective from the get go?
I see it every day and you would be amazed at the numbers of high school graduates that have to work hard to divide 84 by 2.
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The CEO of HCA can make $47 million/year, but if an insurance CEO makes a fraction of that he must be a leech.
