Quote:
Originally Posted by TheMercenary
No. I said I know they are making deals to maintain their profit margin.
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About that... while watching an interview the other night it was revealed that the insurance industry is in negotiations now to be able to make 35 cents on every dollar people spend on their policies. Casinos only get to keep 25 cents on the dollar, and in NJ they apparently only keep 17 cents. That means premiums will be going up again for everyone, and so will the copays. This is according to
Wendell Potter, an ex-VP of Cigna. He was on Countdown, and he has appeared on Rachel Maddow's show several times to talk about how corrupt the system is. You can watch the interview here...
http://www.msnbc.msn.com/id/3036677/#32484421
And over the past 5 years or so their
profits have gone up 1000% while patients
costs have risen over 300%. There is something wrong with that picture. (I don't remember where I got those numbers but I believe it may have been Matt Tiabbi on Morning Joe.)