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Department of Justice is investigating Blue Cross Blue Shield

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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 10:53 PM
Original message
Department of Justice is investigating Blue Cross Blue Shield
The probe is examining whether Blue Cross Blue Shield plans may have suppressed competition in violation of antitrust laws, resulting in rising health care costs.

BCBS just bought out the CIGNA Medicare contract. BCBS owns Palmetto, Trailblazer and now CGS,(CIGNA Medicare). This will basically forbid them from competing against each other for federal contracts. This is a monopoly. CIGNA will be out of the Medicare business.
(That is a least a good thing. CIGNA has been responsible for the deaths of people because they denied coverage on their private insurance.)This information is freely available to anyone caring to 'Google' it.

Private insurance companies will not only 'own' you and your private health care but also your federal health care. Medicare for all is in danger.

For us folks getting ready to go onto Medicare this is very disturbing.

http://www.therepublic.com/view/story/31f9e6e180724f7f87791bdb944b0dcc/WV--Blue-Cross-Probe/
http://schealthcarevoices.org/2011/03/30/justice-department-investigates-blue-cross-blue-shield/
http://www.tennessean.com/article/20110329/BUSINESS05/103290313/-1/tn-dickson.dicksonherald.com/CIGNA-sell-Nashville-based-subsidiary
I posted something like this previously but it is too important to be ignored.
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Hugabear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 10:56 PM
Response to Original message
1. I long for the day when private insurance companies are extinct
I cannot wait for the day when the last private insurance company goes out of business. They are nothing but vultures.
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hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 11:31 PM
Response to Reply #1
4. I second that.
Lock the insurance corporate executives out of their offices one fine morning, nationalize their corporations, go through their papers with a keen eye for malfeasance, and send the rotten ones to prison with the other serial killers.

We could implement a single payer national health plan overnight and save many lives.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 10:56 PM
Response to Original message
2. So they might get a smack on the wrist.
I doubt it will be worse than that.
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nilram Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 12:49 AM
Response to Reply #2
6. But it's gonna sting. Really.
For minutes. A couple. Or at least one.
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Tripod Donating Member (534 posts) Send PM | Profile | Ignore Wed Mar-30-11 11:11 PM
Response to Original message
3. K&R. I just did it because I love your DU name.. Lint Head. LOL!!
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 12:20 AM
Response to Original message
5. BCBS should be investigated. Dropped to a worse coverage and less than six months, they raised my
monthly bill to close to what they were before. Each time they blame the Government on the letter. I am at their mercy. They are making it very hard to keep any health insurance coverage at all.
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