Under "Obamacare" 27% to 32% of insurance premiums will go for profits and administrative costs ...

[truedelphi]

151. So your point is?

What exactly? That we need to have the folks inside the insurance companies who are basically paid to deny us our benefits so that they have jobs and their Big Executives can live like Pigs at the Troughs?

I went through a medical bankruptcy. It will still be possible for my family to be hit by another Medical Bankrupcy - on account of the fact that even with the ACA - there are co-pays etc.

One of the most vivid parts of the nightmares of what my family suffered in 2005 and 2006 was arguing with employees at the health Maintenance company that was not only our "health Insurer" but also our health care org.

They should have been happy to streamline things for us -after all, it was their mis-diagnosis that put us in this fix.

I think any one who works at a health insurance company should be having a hard time sleeping. People who have sick family members who're very ill need to be spending time with those family members and not on the phone trying to argue with these people.

I used to work for a Big Insurance company. I enjoyed my job. Back in the seventies, most banks and most insurers were basically honest companies. But these days 60% of the activities related to the the Health Insurance industry are fraudulent activities. And activities that end up denying care to the very people who are paying high premiums! My family could not even sue these people who screwed us over - as our computerized records relating to the mis-diagnosis were simply erased.