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Mike Bryant
Mike Bryant
Attorney • (800) 770-7008

Health Insurance and The Big Money Grab

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I wrote about the drive for profits by the health insurance companies over a year ago:

Health Care By The Numbers, Mike Bryant | November 21, 2009 12:58 PM

This week the New York Times confirmed what was going on :

The nation’s major health insurers are barreling into a third year of record profits, enriched in recent months by a lingering recessionary mind-set among Americans who are postponing or forgoing medical care.

They have been raising premiums, feeding off the fears that Obamacare is going to bankrupt the country, and enjoying a world where people are concerned about healthcare costs and accepting higher deductibles. It’s basically pigs in slop.

I am always amazed when I hear some of the arguments going on about healthcare. They would make more sense to me if the insurance companies weren’t making out like bank robbers at the same time.

People should wake up and take time to get beyond the rhetoric and look at what is really happening with the money. I’m still not sure that single payer is the only answer, but it does get us away from the monolith companies that are laughing all the way to the bank.

The money is in the system, the question is how best to use it and who gets the best care at the best prices? The consumers should be the ones who the politicians are protecting.