49 votes
Why are insurance companies allowed to be for-profit? Doesn't this encourage claim denials etc?
If they are not for profit companies, they would be more ethical, by not having an incentive to deny claims, increase premiums and drop customers who are high risk.
Ardelle Tuxen
A healthcare professional and citizen panel (not invested in insurance companies) must develop a health insurance plan. For profit insurance companies can BID on processing claims with absolutely no involvement or discretion about what/who gets paid since this will all be preplanned by the above mentioned plan. All citizens will be required to participate either as an individual or a family and whatever isn't included will be paid out of pocket by individuals. Employers will be forbidden to offer heal... more
A healthcare professional and citizen panel (not invested in insurance companies) must develop a health insurance plan. For profit insurance companies can BID on processing claims with absolutely no involvement or discretion about what/who gets paid since this will all be preplanned by the above mentioned plan. All citizens will be required to participate either as an individual or a family and whatever isn't included will be paid out of pocket by individuals. Employers will be forbidden to offer health insurance plans. If they wish to use it as a benefit it must be to re-imburse for the premium only. All premiums will be the same for everyone. Check ups will be required according to age group, chronic conditions or other situations that affect health conditions. NO ONE OTHER THAN POLICY HOLDERS will be ALLOWED TO HAVE AN INTEREST IN THE HEALTH INSURANCE PLAN as it will be planned to be SELF-SUSTAINING. Corporate CEO's and stockholders deriving PROFITS on the backs of policy holders is obscene! Wake up America - what's being tossed around Washington right now is lots of BOUGHT AND PAID FOR PROTECTION FOR THE INSURANCE INVESTORS AND CEO'S. Also, our government should not be paying for this plan - it must be SELF-SUSTAINING which is accomplished by eliminating the CEO's and Wall Street investors....This has got to stop and we need some common sense infused here soon because we will be getting the same just a different shade of RED (ink).
Joyce Stuart
They are allowed to be "for Profit" because they are stock companies and they have to pay dividends to their stockholders after all their expenses and golden parachutes. That is exactly why we do not need insurance companies. "For Profit" should not be part of our
national health care policy.