Showing posts with label Health Insurance Industry. Show all posts
Showing posts with label Health Insurance Industry. Show all posts

Wednesday, February 27, 2013

The US Healthcare System - Government Sanctioned Extortion

The US Healthcare System - Government Sanctioned Extortion
"I've been calling the for-profit health insurance industry "government sanctioned extortion" for a few years now. It wasn't until I read Time magazine's cover story this week, "Bitter Pill: Why Medical Bills are Killing Us" that I realized that the whole medical industrial complex is complicit in the crime! And some of the worst offenders are the so-called "non-profit" hospitals that are raking in billions of dollars in profits and their obscenely paid executives."

Thursday, November 22, 2012

Five Obamacare Provisions To Be Thankful For

Five Obamacare Provisions To Be Thankful For: After clearing significant hurdles over the past year — including repeated repeal votes in Congress, a Supreme Court challenge, and a presidential election — the future of President Obama’s landmark health reform law is finally secure. Now that it’s here to stay, Americans can expect to reap significant benefits as the Affordable Care Act continues [...]/p

Tuesday, September 11, 2012

Obamacare Has Saved Consumers $2.1 Billion

Obamacare Has Saved Consumers $2.1 Billion: Regulations in Obamacare set up a program to review insurance rate increases and instituted an 80/20 rule, requiring insurance companies to spend no more than 20 percent of consumer premiums on profits and administrative costs. And since September 2011, insurance providers have had justify premium rate increase of more than 10 percent for individual and [...]/p

Monday, August 13, 2012