Archive for category Health Insurance Industry
Wellpoint Health Insurance is in Danger of Not Being Competitive?
Posted by Lance Haley in Business and Money, Economics, Health Insurance Industry, Healthcare Reform on June 30th, 2010
Could have fooled me.
According to a business website sponsored by the state of Indiana - the home state of Wellpoint Health - the company is going to suffer an 11% decline in revenue this year as a result of widespread unemployment in the U.S., which causes the company to lose enrollment in it’s health insurance programs. As a result, Wellpoint has no choice but to increase health insurance rates since there are less people participating in it’s risk pools.
So what’s a company to do? For starters, raise medical insurance rates by 20% in California. That should bring things back in line.
After all, compensation in 2009 for Chief Executive Angela F. Braly rose to $13.1million, a 51% increase from the previous year, according to a company filing.
Ever consider the correlation between her 50% rise in annual salary and the $150,000 the company had to spend in 2009 for her personal security? Did the fact that this is public information even occur to the company lackeys before they claimed that Wellpoint needs substantial rate increases in order to stay competitive? And stay competitive in what? Corporate America CEO salaries?
$6.5 Million would have bought a lot of health care for your customers, Angela. You best be paying your security guards a competitive wage to stay on their toes, and watch out for those crazy unemployed, skin cancer-ridden bald guys you stopped treating because they failed to report they had a pre-existing acne condition years ago. Now they are all cranked up on painkillers, with nothing left to lose, and probably driving around your neighborhood tonight. And they are some pissed-off, mean looking dudes.
Hope you sleep well tonight Angela.
Sweet Dreams!
Obama and Democrats Played Republicans on Healthcare?
Posted by Lance Haley in 2010 Election, 2012 Election, Bill O'Reilly, Campaigns, Congress, Conservatives, Dick Cheney, Economics, Glenn Beck, Government, Health Insurance Industry, Healthcare Reform, House of Representatives, Medicaid, Medicare, Politics, Populists, Sarah Palin, Senate, Tea Party, White House, economy on March 24th, 2010
Now the blame game begins about how Health Care Reform got passed.
You are just going to love this one . . .
William Saletan reports today in Slate.com that the Bipartisan Health Care Summit organized by the Whitehouse and attended by the President and party leaders on February 25, 2010 , was in fact a total ruse orchestrated by President Obama to set-up the Republicans; Saletan cites accounts from four different media outlets who quote anonymous Democratic aides that “paint a picture of deception” as follows:
“Obama never believed he could persuade Republicans. He had already decided the shape of the bill. He called the meeting to create an illusion of outreach, put Republicans on the spot, discredit their ideas, and embolden Democrats.”
Oh, Horror of Horrors! How sinister of President Obama. You know they say he is one Hell of a poker player. Republicans should have known just how shrewd and conniving this beast was when they sat down at the table with him. Obama went “all in”, and the Repubs folded. How could he do this to them?
The Republicans spent over a year trying to play Obama and the Democrats like a fiddle, and in the end, it was the Republicans who got played? Hee Hee Hee.
KARMA BABY. KARMA.
Hey Repubs: I think God does have a sense of humor.
A Government Health Care Bureaucrat Sure Beats This Freakin’ Nightmare Any Day of the Week
Posted by Lance Haley in Business and Money, Capitalism, Economics, Health Insurance Industry, Healthcare Reform, How and Why We Get Screwed, Politics on March 2nd, 2010
So you don’t want some government bureaucrat giving you the runaround about your health care coverage, or choice of doctors and hospitals? Or wasting taxpayer money with an inefficient bureaucratic nightmare where nothing gets done right or on time? Nor get caught in this eternal loop of incompetent faceless idiots who keep asking you the same questions over and over again, day after day, while your affliction goes untreated and grows worse with each passing week?
Thank Goodness, you can now have your own private health care insurance Hell. At no additional cost, Sarah Palin. And have no choice regarding which company will provide your coverage since your employer is the one who gets to decide who that carrier will be. Damn! In hindsight, that public option sure would have been a nice fallback position.
And because a majority of you voters opposed Health Care Reform . . .
Welcome to the machine.
P.S. No bitching, please. Just remember to say you were wrong when it all goes to Hell in a hand-basket, thank you!
P.S.S. If you happen to be a glutton for more freakin’ private health insurance nightmares just click here, here, here, and here. SWEET DREAMS . . .