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Here's another idea for insurance companies - how about NOT being beholden to shareholders to...

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Hawkeye-X Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-26-09 06:49 PM
Original message
Here's another idea for insurance companies - how about NOT being beholden to shareholders to...
maximize profits?

I WANT TO SEE NON-PROFIT HEALTH INSURANCE COMPANIES THAT IS BEHOLDEN TO THE PEOPLE THAT HAVE PAID THEIR PREMIUMS!!! *screams*

That means you, Blue Cross/Blue Shield!!

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-26-09 06:59 PM
Response to Original message
1. Nice thought, but all insurance companies have the same motive-
profit. And that's why they have shareholders.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-26-09 06:59 PM
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2. They were before the 80s
They said they had to charge more money because they couldn't compete with the for profit companies.

A whole bunch of them got permission to go for profit.

Kaiser is nonprofit though.
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bkkyosemite Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-26-09 07:06 PM
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3. I want to see non profit healthcare not from insurance companies to hell with them.
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