A headline to gag a maggot
gee... how nice for them...
it would be hard to swallow news like this under the best of circumstances but, reading this while sitting at my desk here in kabul, it's particularly nauseating... our super-rich elites continue to vacuum up every last teeny-tiny bit of money and power from the struggling masses and screw the common good and any semblance of "we're all in this together" thinking...
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Health Insurers Making Record Profits as Many Postpone Care
The nation’s major health insurers are barreling into a third year of record profits, enriched in recent months by a lingering recessionary mind-set among Americans who are postponing or forgoing medical care.
[...]
Yet the companies continue to press for higher premiums, even though their reserve coffers are flush with profits and shareholders have been rewarded with new dividends. Many defend proposed double-digit increases in the rates they charge, citing a need for protection against any sudden uptick in demand once people have more money to spend on their health, as well as the rising price of care.
it would be hard to swallow news like this under the best of circumstances but, reading this while sitting at my desk here in kabul, it's particularly nauseating... our super-rich elites continue to vacuum up every last teeny-tiny bit of money and power from the struggling masses and screw the common good and any semblance of "we're all in this together" thinking...
Labels: elites, health care, health costs, health insurance, profiteers, recession, shareholders, super-rich
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posted by profmarcus at
5/14/2011
