Your hard earned health insurance premiums help pay for luxury box NFL game seats......

[Fred Sanders]

http://blogs.marketwatch.com/health-exchange/2014/08/28/luxury-box-purchase-inspires-calls-for-more-scrutiny-of-insurers-expenses/



Luxury-box purchase inspires calls for scrutiny of health insurer's expenses


"Will government officials begin scrutinizing expenditures made by health-insurance companies? They just might, if a dispute involving one of California’s major insurers, Blue Shield of California, is any indication.

The nonprofit insurer’s decision to purchase a luxury box at the San Francisco 49ers’ new facility, Levi’s Stadium in Santa Clara, Calif., has drawn the wrath of at least one consumer group.

Consumer Watchdog is calling on California Attorney General Kamala Harris to examine Blue Shield’s purchase, which the consumer group estimates will cost anywhere between $2.5 million and $8 million. It’s part of a broader plan by the organization to pass Proposition 45, a ballot initiative that would give insurance regulators the power to block excessive rate increases."

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This is why they need regulation, they are irresponsible spendthrifts out for personal fortunes, not personal health care. They will jack up your premiums and then laugh at you as they sip marguerites at sunset over the bay.

Obamacare will doom the Republicans by the mid-terms, it was part of the plan.