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United Health has reported that their revenue grew to $21.7 billion in the second quarter, up from $20.3 billion in the same period last year.
As profits grow, some wonder how it's possible to reap such windfalls in the midst of George W. Bush's Depression, the worst economic cataclysm in 3/4 of a century.
It's simple, really.
Exclude more people, deny claims, raise premiums, and invest in large-scale lobbying to squeeze even more money out of the sick and injured.
The Congressional Research Service reports that most group health plans cover at least 80 percent of an insured's medical bills.
Now, highly-paid healthcare lobbyists are using the climate of fear created by their anti-reform propaganda campaign to lower their payments even further.
America's Health Insurance Plans, the industry's DC-based lobbying combine, is pitching a scheme to lower an insurer's share of a covered medical bill to 65 percent, meaning already-profitable plans would cover under 2/3 of a patients' costs.
As profits grow, some wonder how it's possible to reap such windfalls in the midst of George W. Bush's Depression, the worst economic cataclysm in 3/4 of a century.
It's simple, really.
Exclude more people, deny claims, raise premiums, and invest in large-scale lobbying to squeeze even more money out of the sick and injured.
The Congressional Research Service reports that most group health plans cover at least 80 percent of an insured's medical bills.
Now, highly-paid healthcare lobbyists are using the climate of fear created by their anti-reform propaganda campaign to lower their payments even further.
America's Health Insurance Plans, the industry's DC-based lobbying combine, is pitching a scheme to lower an insurer's share of a covered medical bill to 65 percent, meaning already-profitable plans would cover under 2/3 of a patients' costs.
