It looks like the Republicans have found there talking point to go after the ACA. They are blaming health insurance providers for the high cost of healthcare and pointing to the profits they've made since Obamacare started. 2026 is going to be a tough year for this industry.
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@vg hospital administrators and doctors too. Pharmacy as well. Imagine a trillion dollars for
A medication. Who’s paying that. Cancer or not.
I think there will be more RIFs and leadership will blame them on Venezuela
@ys can we get back to topics that employees at the company care about like AIP and lay offs. This has turned into a political set of posts. There are other places to voice those viewpoints.
Woohoo! About time - Health Insurance is the biggest racket out there. These companies will have to downsize or close shop soon. Stay healthy America!
We spend more on healthcare, but have worse outcomes. Simply pass a law that we need to be on par with Cuba or Slovakia and that’ll improve things.
https://www.healthsystemtracker.org/chart-collection/quality-u-s-healthcare-system-compare-countries/
Any company in any industry that is as heavily subsidized by the federal government as MCO's should have limits on executive pay.
@p8 Are you are referring to Medical Loss Ratio (MLR) that health insurance companies have been gaming for years to increase profits and still adhere to MLR? Why do you think they are so profitable. Anyone who thinks health insurance companies are not getting rich by gaming the system is nutz
@p8 let’s start with pharmaceutical companies. They are raising prices on 250 dr-gs this year alone and make huge profits despite the negotiations Trump had. Private equity owned physician group are driving up prices and gaming the system. Hospitals had highest profits ever. Insurance companies negotiate for the lower prices amongst these groups. While it’s fun to blame them look at where the real costs are and who drives them. Insurance. Companies have the lowest margins of the entire sector. Every part of healthcare can do better but focus on who drives up the costs first. Learn how insurance works and have an educated opinion. By the way insurance company profits are regulated and that is not the case with dr-g companies, doctors and hospitals. Every part of the system can be better
@b8 Healthcare is unaffordable because of greed . Plain and simple. Want to bring back pre existing conditions - everyone has one. Lifetime max's - lets go back to car washes for transplants and treatment for Leukemias. Lets investigate all the insurance companies and ask why GB and other CEO make 2O million + a year and can't offer affordable insurance to their own employees. Lets investigate their denial rates
Lots of things other countries have that we don't - childcare, extended paid maternity and paternal leave, etc. "But we are not Europe" - yeah lets keep this country's clown show going.
Insurance companies are free from worry at this point. They’re too busy with foreign entanglements.
Addressing fraud, waste and abuse is not anti-healthcare. Leadership will need heed its own advice and adapt or be left behind. If they can’t practice what they preach, then take the millions pilfered from the broke system and let someone else give it a go.
Neither myself nor anyone else is responsible for your healthcare. Want a car and a house as well?
Don't answer my last question.
Insurance companies benefited with 1000% increases in stock value since the ACA was launched. Healthcare became unaffordable and only is propped up with huge subsidies paid by hard working tax payers. I hope they fix this sham program. Not sustainable with all the providers huge profits ans salaries. This is not Europe
@an Not sure why you're getting voted down.
To your last point:
https://www.opensecrets.org/political-action-committees-pacs/anthem-inc/C00197228/summary/2020
Bring in national health care. It’s time
Nothing happens, the same politicians invested in the stocks, have stakes in these companies, and are friends with the board members. Don’t forget the political donations corporations can make.
@OP And dont forget that they want go go after the profits.