Health Insurance Profits Soar, Dem Calls For Rebates

[speppin]

Pete--your plea will fall on deaf ears--. NO one has any control over these companies when it comes to profit.


http://www.huffingtonpost.com/2010/11/10/health-insurance-profits-_n_781636.html

Health Insurance Profits Soar, Dem Calls For Rebates

First Posted: 11-10-10 01:24 PM | Updated: 11-10-10 01:24 PM

*
Comments 1,104

WASHINGTON -- Health insurance profits are skyrocketing in 2010 compared to last year's returns and the outgoing chairman of the House subcommittee that oversees the companies is calling on them to return the profits to consumers in the form of premium reductions.

"Your ten firms alone have reported over $9.3 billion in profits for the first three quarters of 2010," writes Rep. Pete Stark (D-Calif.), chairman of the Ways and Means health subcommittee -- and, for a day, chairman of the full committee. "On average, your profits have gone up 41 percent from last year."

Robert Zirkelbach, a spokesman for the leading health insurance trade lobby, America's Health Insurance Plans, said that Democrats shouldn't focus on the companies' profits, but rather the overall cost of health care. ..............

[GSLevel9]

1. nice.

:sarcasm:

[Gidney N Cloyd]

2. OK, so we look at the overall cost of health care and THEN at the profits and...

...and then... ah fuckit we're screwed.

[ixion]

3. "Health insurance profits are skyrocketing"

Here is the result of this so-called reform, and the primary reason I was opposed to it.

[L0oniX]

4. Oh goody ...now they have even more money to fund our politicians campaigns.

[Skittles]

5. JAYSUS

pass a piece of SHIT "HCR" bill that FAILS TO ADDRESS COSTS, then call for rebates when they make out like BANDITS? Fucking INSULTING.