I think that most everyone have lost the perspective of our Health Care Crisis. Both the left and the right are totally out of sync with what is really happening, that is in my opinion. Why don’t we analyze the issue more from a practical perspective?
First of all, we are not remembering what the purpose of insurance is and who it is supposed to benefit. The most important component of Health Insurance is the individual insured. This has completely disappeared from the whole debacle. The idea of insurance is to spread the risk over a large group of people who pay into the system to be covered in case of an illness. But if the ones who are covered are only those not likely to get sick, then you have reduced the risk.
Next to the individual person insured, should come the doctors and nurses. According to the reports, they only get 10% of the total in any medical expense bill handled by insurance. Then there are the hospitals and the drug manufacturers, with the drugstores as middlemen. They too get a substantial cut.
But the bulk of the revenues go to the Insurance Companies and in this it is estimated that 30% is pure profit that goes to pay for stock dividends and executive salaries and bonuses.
The Insurance Companies will have you believe that this isn’t so. They have learned to cook the books for quite a long time now and they are even saying:
“For every premium dollar that they take in, about 83 cents goes out in medical costs -- doctors, hospitals, and drugs," says Carl McDonald, health insurance analyst at Oppenheimer & Co. The rest is spent on overhead. Net income comes to just a few cents per dollar of premiums.
Lying about health care -- indeed, fear-mongering about health care -- has ramped up as insurance companies attempt to keep their profits. Those profits are created by a system where the U.S. spends 5 percent more of its economy on health care in exchange for the worst results of any Western nation. To insurance company executives, their profits, their executive salaries, and their bonuses, are not just worth lying for, but also worth killing for -- or at least letting people die.
Read more at: http://www.huffingtonpost.com/ian-welsh/americans-lives-vs-insura_b_241703.html
Last year, Humana, headquartered in Louisville, Kentucky, raked in $29 billion in revenue and $833 million in profits. It ranked 98th on Fortune magazine's listing of the nation's largest corporations.
Last year, Humana paid McCallister $2.39 million. Over the past five years, his compensation totaled $56.9 million, according to Forbes magazine. He also owns more than $60 million in Humana stock options.
I would not shed one single tear if Humana (they should have named it Profitana) goes out of business altogether. Yes, I will feel sorry for those who would lose their jobs, with the exception of the high ranking officers of those companies who make obscene salaries and get these outrageous bonuses.
Again I hear the argument that having the Health Care system run by the Government would result in a lot of waste and therefore there would not be any savings because that is the nature of bureaucracies but I have my doubts about that. Even if there is a margin of waste of 5 or 10 percent it would still be less than the thirty percent Insurance Companies now get.
MIracles?
Most people believe in miracles. Much the same as children believe in the tooth fairy and Santa Claus, these Muslims have been traveling to southern Russia to see a baby that has been deemed “Miracle Baby” because some lettering keeps appearing on his body. Such things as “Allah” and verses from the Quran appear and fade on the baby's body.
Does “MAGIC MARKER” mean anything to you?
GIVE ME A FUCKING 
BREAK!
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