First Federal Appeals Court upholds Healthcare law

[Riot]

You no doubt think Health Insurance is some wildly profitable business

When they elevate premiums 20% a year, and decline to honor their part of their contract with their insured in order to save money, yup, they run some nice profit margins.

"Health insurance companies likely to break profit records for 2010"
http://thehill.com/blogs/healthwatch...cords-for-2010

"The six largest investor-owned health insurance companies saw a 22 percent increase in combined net income in the third quarter, putting them on pace to break profit records for 2010."

Yeah, and Anti's boss blamed the PPACA for their company insurance costs rising. LOL.

The PPACA is mostly consumer protections. Why? Because they are needed. Interestingly, stock in insurance companies rose when the PPACA became law.

The health business is about 20% of our economy. That's absurd. It costs more to provide healthcare, per person, in the United States than in other first world countries, and we do not have the same quality of outcomes, nor do we have the same general population health, and we have the most uninsured and unseen by the healthcare system citizens of any other first world country. Yeah, the PPACA is a good start. What we need in this country is to offer a single payer opportunity. Offer Medicare buy in to anybody, of any age, who wants in. If the insurance companies can compete in an open market, they are welcome to.

[paulo537]

Originally Posted by Riot

When they elevate premiums 20% a year, and decline to honor their part of their contract with their insured in order to save money, yup, they run some nice profit margins.

The PPACA is mostly consumer protections. Why? Because they are needed. Interestingly, stock in insurance companies rose when the PPACA became law.

More bullshit.

You laughingly deflected away from answering why all the insurers I listed left the Health insurance market.

No snappy transition for you there, I guess.

[Riot]

Originally Posted by paulo537

More bullshit.

You laughingly deflected away from answering why all the insurers I listed left the Health insurance market.

No snappy transition for you there, I guess.

I'll just refer you to the profit margins of the companies left that I listed. "The six largest investor-owned health insurance companies saw a 22 percent increase in combined net income in the third quarter, putting them on pace to break profit records for 2010." Hey, capitalism is good, Paulo. If crappy companies couldn't compete, they deserve to be gone. Don't lament it. It's the free market.

And closing the donut hole saves money because people then can afford to purchase and take their medications - for diabetes, their heart problems, high blood pressure, etc - which decreases the cost of their lifetime health care. So it's an expenditure that pays bigger savings dividends in both health costs and better health. Like people having health insurance and being seen at the start of problems is better than not treating them until they end up in crisis in an emergency room.

[Antitrust32]

Originally Posted by Riot

Yeah, and Anti's boss blamed the PPACA for their company insurance costs rising. LOL.

.

again, you come through with lies.

UHC is doing it because the cadillac tax. end of story