Why do we need private profit making health insurance companies?

[stan4]

Originally Posted by maskedman

Nothing is free.
Look at Europe with all of there govt. health care and then look at how sky high the cost of living is, the cost and taxes are almost out of control in many places.

Also, the govt health care systems are bankrupting themselves and people who have money don't want to use them. That says something, doesn it?

[Danno3314]

Originally Posted by pbrauer

You've have that right, when you get sick and it going to cost them a lot money they find ways of not covering it.

How much less would health care costs be when doctors, hospitals, etc couldn't rely on health insurance companies paying the bill?

You have what right when you get sick? They have to cover what ever is stated they will over in your policy....your policy is a legal contrat you entered into with the insurance company. The people that the process claims in the home office of a health insurance company are paid a salary...they don't receive a bonus for figuring out ways not to pay claims. If they don't pay a claim that the company is obligated to cover, if anything they stand a good chance of being fired for not doing their job correctly and creating legal problems for the company. Large claims are often don't even ome out of a carriers pocket because they usually re-insure themselves for large losses so, whom ever they are re-insured with will be the ones footing the bill on a large claim.

You have it backwards...insurance companies started marketing health insurance when it started to become unaffordable to pay for....not the other way around like you're suggesting.