Health Insurers Post Record Profits - Slimy Dirtbag Motherfuckers...
 

In the midst of a deep economic recession, America's health insurance companies increased their profits by 56 percent in 2009, a year that saw 2.7 million people lose their private coverage.


In 2009, the top five health insurance companies saw a profit increase of 56 percent, their best year ever, according to a report by Health Care For America Now.
(Getty Images)
The nation's five largest for-profit insurers closed 2009 with a combined profit of $12.2 billion, according to a report by the advocacy group Health Care for American Now (HCAN).

"The outsized earnings are a vivid reminder that without comprehensive national health care reform, the gatekeepers of our broken health insurance system always will put the short-term interests of Wall Street before the needs of millions of patients and a national economy plagued by joblessness," the report said.





http://abcnews.go.com/Health/HealthC...ory?id=9818699


WAKE THE FUCK UP YOU TEAPUBLICAN ROBOTS - TURN OFF FOX AND REALIZE YOU'VE BEEN HAD

It wasnt the tea party people that created a law that will make everyone by the very product you are railing against. :upsidedow

Hey...support the wealthy...who else is gonna create jobs!

You better listen to some Glenn Back for the real scope on how shit is going down.

Obama single handily destroyed our once create nation into a 3rd world country.

same article

"For every dollar spent on health care in America, less than one penny goes towards health plan profits,"

Those bastards with 1% profit margin!

lets not let the facts get in the way of gfy drama
same article

"recent report by the Centers for Medicare and Medicaid Service (CMS) found that health spending grew 5.7 percent, reaching $2.5 trillion in 2009 "

So $2.5 Trillion spent = $12.2 billion profit = 0.50 % profit

Here's the problem with "facts".. That $2.5 Trillion spent is ALL health spending (as you've posted earlier) and not that just done by the insurers.

I thank this great nation of ours for my free health care. :2 cents:

You earned it :thumbsup

Let's not forget PEOPLE ARE DYING BECAUSE THEIR COVERAGE IS BEING YANKED OR RESTRICTED in the name of CORPORATE PROFITS...


So lets let people die so the fat cats can get fatter.. good plan!

hahaha "Same Article" hahaha you fucking CLOWN - they quote the LIE spoken by a Health Insurance spokeman - and you quote it as if it was REPORTED in the Article????


A spokesman for the insurance industry said health insurance profits "are well below other industries in the health care sector."

"For every dollar spent on health care in America, less than one penny goes towards health plan profits," said Robert Zirkelbach, spokesman for America's Health Insurance Plans (AHIP). He argued that in 2009, it was spending on hospitals, physicians and prescription drugs that "continued to soar."

Stupid statement.

You give Obama far too much credit.

It's been a long process to bring down a once thriving economy.

The start was when Carter made China a most-favored-nation trading status. http://www.oppapers.com/essays/China...d-Nation/15103

Then China could hardly feed itself. Successive Governments have carried on this status.

But it's not only China. Over the years manufacturing has flowed out of the US to 3rd World countries. So companies could grow richer by selling cheap good to US customers and closing their factories.

And some 3rd World countries grew amazingly rich. Now China owns so much loans and bonds in the US economy they call the tune.

No you give Obama far too much credit for the downturn of the USA.