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Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
Many health care companies are not for profit...
or so they say... They make more money than you think. How else do you justify buying buildings worth millions of dollars or paying the charlie bakers of that world all the big money.
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Some of these insurance companies have thousands of employees. Those folks have to sit somewhere. They could rent space instead of buying, but in the long run, renting MIGHT cost more than buying.
"paying the charlie bakers of that world all the big money"
Executive compensation may not be fair, but it's also not a big chunk of most company's overall balance sheet. Again, if a health insurer paid its executives so much that it made the cost of the product unreasonably high, employers would buy from another health insurance company. If ALL companies paid executives so much that it drove premiums way up, then it would be cheaper for companies to self-insure.
The employers, companies who also pay a chunk of employee health insurance premiums, have every reason to make sure they're not getting ripped off. If health insurance was a ripoff, companies would self-insure. The fact that they don't, tells you that buying health insurance must be a cheaper alternative than bypassing the insurance company and funding it yourself.
Demonizing the insurance company is great political fodder. But it doesn't pass the common sense test, and it doesn't hold up to any knowledgable scrutiny, and you should be offended by any politician who does it. You want to limit executive compensation and eliminate profits, maybe your premiums go down by $30 a month.
Repeat this ten times...healthcare insurance is expenesive because healthcare is expensive.
If you want to actually lower the underlying costs of healthcare, you could enact serious tort reform (which would reduce wasteful defensive medicine, and would lower malpractice insurance, savings that could be passed on to us). Democrats won't even discuss that, because they get too much $$ from the Trial Lawyers Association, and trial lawyers like lawsuits.