Posts: 208
From: Maine
Registered: Apr 2009

posted February 23, 2010 03:53 PM         

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http://www.healthreform.gov/reports/insuranceprospers/index.html

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Posts: 2299
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted February 23, 2010 05:10 PM         

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Yeah, one of the major healthcare providers in my state are trying to raises rates something like 40% despite earning a billion per month in profit last quarter. Clearly it's tough for them.

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Posts: 479
From: Nov. 11 2005
Registered: Apr 2009

posted February 24, 2010 08:26 AM         

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One of the big five said the other day in a press release...paraphrase...
the reason they had a 34% hike [again!] was that many of the younger clients had dropped coverage, now the base is older and sicker and not offset by the younger group. [which can no longer afford coverage]

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Posts: 2299
From: acousticgod@sbcglobal.net
Registered: Apr 2009

posted February 24, 2010 03:12 PM         

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I heard the exact same thing in the report where the insurance company in question had made a billion a month in profit in the last quarter.

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Posts: 1858
From: Toledo, OH
Registered: Apr 2009

posted February 24, 2010 05:09 PM         

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nad meanwhile denying care to sick individuals WITH coverage and considering each claim a loss and each denial a profit, wich they earn bonuses on. i would not want to have to answer for that. they are racateers and theifs. i wish they would do away with the whole bunch and go to a system like the uk has.

let thier ***** be the ones laid off looking for work.

47 percent in michigan. the highest rate hike in the country to the poorest state in the country, good job shanksters.

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