Friday, July 31, 2009

The Folly Of Profit Or All Profit Is Bad And Lie With Statistics.

Give it to them. Yeah give it to them. President Obama states in a 7/22/09 press conference "(Health) insurance companies making record profits, right now. At a time when everybody's getting hammered, they're making record profits, and premiums are going up." I have recently read reports that Aetna (who last I knew was a health insurance company) had a 28% drop in profits this past quarter. They have had higher than expected medical claims - probably due to the fear that the public has that their medical coverage will be ruined with the current Obamacare plan (thus they running to get things done) that is being pushed onto the public against their will. How can you state that there is record profits in the industry at this time?
I recently wrote to Congressperson DeLauro expressing my disgust with Obamacare. Part of her canned email response: "Thank you for contacting me regarding health care reform. I appreciate hearing your views on this important issue.
Even for those with coverage, surging health care costs are eating up more and more of the family budget. In the last eight years, the average family premium in Connecticut has gone up 87 percent. That is the cost of doing nothing.
Before the recession, there were 46 million people with no health coverage in the U.S.-326,000 in Connecticut. Now, an estimated 14,000 people nationwide lose coverage every day. In these difficult times, even people who once felt secure are now worried about losing coverage or being unable to afford the care they need. And those who do have coverage are paying more each year for fewer and fewer benefits."

Thus if 46 million are supposedly without coverage then 280 million Americans have coverage of some sort. Or 84% of the country has health coverage and 16% does not. In our state it amounts to less than 8% of the population. Where are the 14,000 who are losing coverage daily? What is the source? What benefits have been cut and from what policies? Does Obamacare limit what lawyers can sue in a malpractice suit which has driven our medical costs through the roof rather than Doctors, insurance companies and pharmaceutical companies?
I continue to be skeptical of the socialized health care and vehemently oppose it. We are being fed lies by a Congress and Administration which has conveniently exempted themselves from this plan. Enough is enough. Just say no to this bill and nationalized health care.

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