The random political thoughts thread (Part Deux)

[scaeagles]

OK - my bad. I thought "them too" meant they were paid too much, not that you equated them with the doctors that you don't mind what they make.

What should the CEO of an insurance company be compensated for? This is where what GD brought up applies. They are a business. They were set up to make a profit. Some don't think that's OK. 252 million people currently insured would therefore not be insured if those companies did not exist.

[BarTopDancer]

Originally Posted by scaeagles

What should the CEO of an insurance company be compensated for? This is where what GD brought up applies. They are a business. They were set up to make a profit. Some don't think that's OK. 252 million people currently insured would therefore not be insured if those companies did not exist.

I do not have an issue with a CEO being compensated for running a business. I do have an issue with Executives receiving bonuses that are tied to the amount of money they save by denying coverage/care to people who are covered by their insurance.

[alphabassettgrrl]

Originally Posted by Betty

So - I'm all for not slowing down. Give me access to staying alive thank you very much.

I'm with you. I don't have insurance, either, in large part because it costs so dang much, and doesn't cover anything anyway. So I can spend a lot of money for useless "coverage."

Originally Posted by scaeagles

what I think what frustrates me in this whole national debate is the way the insurance industry is viewed. They came into existance to make a profit, so I don't know why they are slammed for trying to do so.

I guess I don't mind if their profits were reasonable, but they're ENORMOUS, and based on how much they can keep down the claims costs. Which means denial of care. They deny things that seem perfectly logical, and needed, and the conversation is along the lines of "if they really care they'll resubmit it." This is really wrong.