Posted by oldtanker on May 24, 2016 at 14:47:46 from (66.228.255.59):
In Reply to: sticker shock posted by Geo-TH,In on May 24, 2016 at 04:08:52:
Quoting Removed, click Modern View to see
Thing of it is with 310 plus million Americans all having to have insurance 15 million a year wouldn't make a dent in premiums. If say the company had 15 million policy holders that one buck per year or 8.33 cents a month if the CEO works for free and applies his salary toward premiums. If the guy who made 66 million did the same thin it amounts to $4.40a year per policy holder. Stop blaming the insurance companies. Most companies are making about 6% in profits on medical insurance. OK, I understand that a certain president and a lot of politicians blamed the insurance companies when they were trying to pass the ACA. They lied! Gee, most politicians from every party do that! Very well! Well enough to get reelected! Where the problem lies is with the managed health care providers. Local providing hospital here is supposed to be nonprofit. To keep that non profit status every year they are spending millions in new construction and equipment. This hospital serves about 30,000 people. Yet for what they charge they have millions they have to burn every year? Why can't they just lower the charges? Heck they built a new addition about 15 years ago, then again last year then tore down the other addition because they needed more parking. The new parking lot sports really nice retaining walls too. In other words not cheap. Another one about 90 miles from me, in a city of about 1 million, is building an 11 story hospital. Now (this is from a hospital employee) they are worried that they may have gone too big. The same company built a new hospital in another city and have yet to open it. They can't find the people to staff it. They are doing things like this to reduce their tax burden.
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