08-05-2009, 08:48 PM
Dakota wrote:
How does the money keep "coming" to a health insurance company whose patients keep dying? I'd like to know.
Lesson for Dakota: When actuaries set up tables for how much you pay in and how much, on average, they pay out to you, that is where the money comes in. Anything left over is "profit".
The companies that are in this business are under ever increasing pressure from their shareholders to make more and more money each year. Their 2 choices are thus: increase premiums at the expense of people going to another provider or give less back. Guess what they are doing? They are systematically denying things that they used to pay out because they are not profitable, like paying for care that would save lives, appropriate time to recuperate after a serious injury or a pregnancy, underwriting the cost of expensive drugs, etc.
Dakota, unless you live in a vacuum, you will one day need health care and the system it seems you are championing, if it continues along as you want it to, they will deny what you really need so fast it will make your head spin. This is not about politics but decency and healthcare needs reform, which is long, long overdue.