The random political thoughts thread (Part Deux)

[JWBear]

Ain't capitalist heath care just grand?

An investigation this summer by the House Energy and Commerce Committee, and earlier ones by state regulators in California, New York and Connecticut, found that thousands of vulnerable and seriously ill policyholders have had their coverage canceled by many of the nation's largest insurance companies without any legal basis. The congressional committee found that three insurance companies alone made at least $300 million over five years from rescission. One of those three companies was Assurant...

...During the case, evidence emerged that Health Net had paid bonuses to employees to reward them based on the number of policyholders they had rescinded. The judge who awarded Bates the $9 million said in his decision: "It's difficult to imagine a policy more reprehensible than tying bonuses to encourage the rescission of health insurance that keeps the public well and alive.

[Betty]

Originally Posted by JWBear

Ain't capitalist heath care just grand?

Shameful! What's next? Rewards for the number of people that die waiting for approval when they can draw that process out? Why - it's almost like a death panel! Oh the irony.

Perhaps health insurance should be more of a non-profit sort of deal.