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In reply to the discussion: Under "Obamacare" 27% to 32% of insurance premiums will go for profits and administrative costs ... [View all]sad sally
(2,627 posts)19. Good one.
Private insurance companies - those leaches who've been responsible for $380 billion in wasted healthcare dollars on bureaucracy and paperwork - are looking to be the beneficiaries of the $447 billion in taxpayer money for the mandate.
President Obama received a staggering $20,175,303 from the healthcare industry during the 2008 election cycle, nearly three times the amount of his presidential rival John McCain. McCain took in $7,758,289, the Center for Responsive Politics reported. Dave Levinthal, the Center's communications director said, "When you raise $20 million from one group, obviously they've curried some favor with you and you have a lot of people in that sector who support you." suppose?
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Under "Obamacare" 27% to 32% of insurance premiums will go for profits and administrative costs ... [View all]
Better Believe It
Mar 2012
OP
And what was the average % prior to the "Health Insurance Industry and Big Pharma Protection Act"?
Better Believe It
Mar 2012
#5
It's just a fact: prior to AHA, there were no limits on profits governing the insurance industry
elias7
Apr 2012
#113
Your comment doesn't prove that the average medical/loss ratio was lower before the insurance law.
Better Believe It
Mar 2012
#50
The fact that 70-77% of insurers (and large group is the biggest percent of insurers)
HiPointDem
Mar 2012
#17
It has already bent the cost curve in the proper direction, and the major provisions
pnwmom
Mar 2012
#29
In nature, It is not that a Shark has no teeth (those are quite impressive), but rather,
Dragonfli
Apr 2012
#121
"single payer never had a chance". It certainly didn't with President Obama opposing single payer!
Better Believe It
Mar 2012
#7
The deal was made behind closed doors with "help" from insurance/big pharma industry lobbyists.
Better Believe It
Mar 2012
#22
That is why he had to block any discussion of a not for profit system for All ...
slipslidingaway
Mar 2012
#52
Does the 20% include what hospitals and doctors' practices spend on administration?
freedom fighter jh
Mar 2012
#46
The posts in this subthread seem to assume that insurance companies have only highly paid executives
treestar
Apr 2012
#142
So what? PNHP will fudge any numbers they have to to make a point, but...
TreasonousBastard
Mar 2012
#14
Right. You sure can't trust 18,000 progressive doctors who support a single payer system.
Better Believe It
Mar 2012
#25
Those Commie basterd healing as*&&les, Health care professionals should mind their own business
Dragonfli
Mar 2012
#32
It's all good! Well..it's a little better..maybe, not as bad as it could be...or something.
Tierra_y_Libertad
Mar 2012
#16
Did you trust him when he opposed Bush policies here before they were adopted by blue dogs?
Dragonfli
Mar 2012
#27
They are crystal clear, BBI consistently fights for the right to actual health care
Dragonfli
Apr 2012
#86
PNHP has't been thrown under the bus yet? Are the Insurance Cartel defenders getting lazy
Dragonfli
Mar 2012
#23
Advancing to a 15% MLR (your 80/85 is inverted) is a major improvement over 36% but even at that
grantcart
Mar 2012
#33
But you are mistaken regarding fake "Republican filibusters" which can easily be ended.
Better Believe It
Mar 2012
#56
With plenty of drum-banging to be had here, your thoughtful post is appreciated.
AtomicKitten
Mar 2012
#51
Once again: Fake Republican procedural "filibusters" can be ended at anytime as can Senate rules.
Better Believe It
Mar 2012
#55
Do you remember a while back when I asked you to please post more often?
great white snark
Apr 2012
#73
You still haven't presented any evidence that 60 votes are need to pass legislation in the Senate.
Better Believe It
Apr 2012
#132
Canada did not establish single payer by requiring people to buy private insurance
eridani
Apr 2012
#71
Those who defend this travesty don't care and are standing in the way of universal health care.
Mimosa
Apr 2012
#169
We will, until we have what you have, Health Care for all Americans so that thousands do not die
sabrina 1
Mar 2012
#41
He will not reply, he appears to think our misfortunes are for his amusenment
Dragonfli
Apr 2012
#75
There is nothing I can add to what you just said, I am in complete agreement (edited)
Dragonfli
Apr 2012
#81
She would stand by whatever I decided, but might advise me to consider not embarrassing her
Dragonfli
Apr 2012
#87
Yes, Comedy gold! There is growing poverty as well to laugh at when our bad health care
Dragonfli
Apr 2012
#96
It was my wife's misfortune to be killed by insurance, and mine to go heavy into debt
Dragonfli
Apr 2012
#147
He will not answer, unless it is with a laughing smiley in the body and no text, I have tried a
Dragonfli
Apr 2012
#76
From a guy enjoying already what we are asking for, yeah fuck us, it is only good for his peeps. /nt
Dragonfli
Apr 2012
#77
It is where most plans are now or lots of people should be going to jail for false reporting.
TheKentuckian
Apr 2012
#64
Well, as long as they make money, that is the actual goal after all, the sickos are just for profit.
Dragonfli
Apr 2012
#88
Or a bailout for an industry that had just about driven itself to extinction with fraud
Marr
Apr 2012
#149
Brother, you are still rational after all these years, I love that about you.
Dragonfli
Apr 2012
#82
We took over all of those things mentioned, but we did not take over the bulk of "donations"
Dragonfli
Apr 2012
#123
"In times of universal deceit, telling the truth becomes a revolutionary act"
sabrina 1
Apr 2012
#79
And we have trolls that do not even reply, just heckle and laugh, (ironically while receiving UHC)
Dragonfli
Apr 2012
#99
I am waiting for a fly-by that says, "We still have the best HC in the world"
Doctor_J
Apr 2012
#101
I think with obesity, even a 2 day clinic and seminar could be a life saver.
truedelphi
Apr 2012
#157
Compared to doctors stealing premium dollars, tax dollars and patiants dollars anyone is a noted
RB TexLa
Apr 2012
#131
"anyone is a noted humanitarian" Hope you're not including insurance sharks and big pharma.
Better Believe It
Apr 2012
#133
Compared to doctors? Yes, they are some of the few people who stop these criminals from taking
RB TexLa
Apr 2012
#136
Next time you need medical care I suggest you consult an insurance executive then..
Fumesucker
Apr 2012
#134
Ask your doctor next time if it's ok for you to file your own insurance claim.
RB TexLa
Apr 2012
#138
I assume you feel the same way about articles written by progressives that I post.
Better Believe It
Apr 2012
#144
It's the attitude of this post and others like it. This post is pure Debbie Downer.
gulliver
Apr 2012
#146
Are administrative costs subject to exemption under the 2013 kick-in where 80% of premiums collected
lonestarnot
Apr 2012
#174