| Rockefeller Uses Health-Insurance Profits Statistic Calculated by
V.) told CNSNews.com that America needs a government-run health insurance provider that does not need to make a profit and that will compete with private health insurance companies because private insurance company profits have increased by 400 percent since 2001. "I mean, they (health insurance companies) are making so much money it is just ridiculous," Rockefeller told CNSNews.com. Rockefeller’s source for saying that insurance profits have gone up 400% since 2001 is Health Care for America Now (HCAN), Rockefeller’s office told CNSNews.com. HCAN is an advocacy group that gets funding and direction from the Association of Community Organizations for Reform Now (ACORN) and Moveon.org. "Let them go at it. Okay?" Rockefeller said, referring to the prospect of private insurance companies competing with a government run provider.
While Health Reform Debate Rages, Oracle Caters to Insurance Companies
While most of these are basically the same as other Oracle products, today's release is a rules-based application tailored to managing insurance billing and revenues. In a recorded webcast that accompanied the PR for the new product, Oracle representatives specifically mentioned increased spending on Medicaid and Medicare as something that the company wanted to profit from. If Oracle is intent on capitalizing on the attention that health IT is getting from the reform movement, this is probably the wrong way to go about it from a public relations perspective. Despite poor timing, Oracle's offering might actually make things better for the customers of insurance carriers if it delivers on its promise of streamlining billing and payment operations. The less organizational overhead spent on activities than can be automated through the Web the better.
A tribute to hot August playoff races, and some Travelin' Music
Your insurance premiums will continue to rise whether you are an individual, or any size business and they will rise exponentially. They could be 20 grand a year very soon in Georgia. $21,280 in a few years and the number that lose insurance per day in Georgia will climb from the current 430 exponentially. Health Care Coops, which seem to be the “secret" deal between Joe Biden and the hospital lobbyists if Emanuel gets the House bills to conform to the Senate Finance bill will have zero impact on the astronomical rise in your insurance rates and some of you will be going without medical care. On July 8, Biden announced that there was a deal with the hospitals — just like the one with PhRMA — where they agreed to $155 billion in cost reductions over 10 years. According to the NYT: “Several hospital lobbyists involved in the White House deals said it was understood as a condition of their support that the final legislation would not include a government-run health plan paying Medicare rates — generally 80 percent of private sector rates — or controlled by the secretary of health and human services." Because when you get those hospital bills for surgery and you can't understand why a Tylenol costs $12 and a $3 guaze wrap costs $120 it's because they want the money, and they intend to keep getting that money–and your insurance company is happy to pass that right onto you and costs will continue to soar thanks to that deal Biden made secretly and coops, and thanks to 6 Senators who represent 2.77% of the population.
Health Reform From a Local Insurance Company's Perspective
We are taking a closer look at the president's health care reform through the eyes of a local insurance company. We told you before many of our local residents are confused about what the president is really proposing. Deeda Payton went to Health Insurance Texoma to get a new perspective. No one is denying that our current health care system is broken, but many local insurance businesses would like to see small changes made over time, rather than a complete overhaul with a lack of details. Suzanne J. Gregory at Health Insurance Texoma says what the president is pitching is basically a single-pay, government sponsored program with lower rates, a program we already have with medicare. The problem, she says, is that medicare is not working and faces extinction in ten years.
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