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The big corporations, especially insurance companies, only broker our money while skimming a healthy portion for their CEO s and management.
Wow, you figured that out all by yourself. The big corporations take your money, and then pay your medical bills, while keeping the profits for themself.. wow, imagine the odds.. Why that also sounds like McDonalds, Ford, Wal-Mart.. it almost sounds like EVERY OTHER COMPANY out there..
Do you have ANY clue how insurance companies actually make their money? And no, its not by skimming and ripping consumers off.. They make their money by taking the monthly proceeds and investing them into real estate, businesses, and other securities. The profit isnt the monthly revenue from the insurance, its from the other investments. yes, the idea is to keep the maximum amount of insurance proceeds coming in, while minimizing expenses, but its so they can maximize their investment proceeds..
Wow, you figured that out all by yourself. The big corporations take your money, and then pay your medical bills, while keeping the profits for themself.. wow, imagine the odds.. Why that also sounds like McDonalds, Ford, Wal-Mart.. it almost sounds like EVERY OTHER COMPANY out there..
Do you have ANY clue how insurance companies actually make their money? And no, its not by skimming and ripping consumers off.. They make their money by taking the monthly proceeds and investing them into real estate, businesses, and other securities. The profit isnt the monthly revenue from the insurance, its from the other investments. yes, the idea is to keep the maximum amount of insurance proceeds coming in, while minimizing expenses, but its so they can maximize their investment proceeds..
Its called an insurance float.
So if their investments fail, they deny claims to minimize losses?
The government has already proven its incompetence with the Medicare program. Why would anyone think the government is capable of managing a public option? No way will I support a government run program.
So if their investments fail, they deny claims to minimize losses?
If their investments fail, they have next months insurance checks coming in to buy another shopping mall or make their bad investment good. Insurance money goes to investments, which then return money back to the insurance to cover claims.
If to many of their investments fail, they file bankruptcy..
Quote:
Originally Posted by jojajn
You cannot marry a woman you have been engaged to for 14 years because of the way our country's healthcare system works! And you don't see a problem?
Wrong, I can not marry a woman that I have been engaged to for 14 years in the event I get sued and they attach one of our assets.. healthcare has NOTHING to do with it.
Its bad enough that many of our assets have to be kept hidden under land trust agreements, one of us have to be the trustee to those assets and they cant be linked together.. Blame lawsuits and the number of different businesses we are involved in (like a bar), not healthcare
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