Senator Rockefeller asked a question a couple weeks ago, asked the CEO of UnitedHealthCare how he was able to sleep at night? The family mentioned in this post can’t afford or get health insurance, so here’s the case for a government plan right here. Risk management and greed has brought the issue right to their front door with their business models used over the last number of years, it is what it is. They have not changed their business models to have any subsequent impact, thus here’s the toll, compete with a government plan and I guess work on the Venture Capital divisions to look for investment income. There’s room for both to exist, but perhaps not at the huge profit levels they have enjoyed in the past.
As we enter into more areas of transparency, there is less that can be hidden today.
Is This a Case for a New Law – Illegal Algorithms? How Do You Sleep at Night Rockefeller asked the CEO of United Health Care
On a a humorous side, I have to agree with Bill Maher, why can’t healthcare function like the Post Office? Your mail is there every day. BD
Katie Hebert, age 4, is a very sick little girl. She gets severe seizure-like attacks that can last 11 hours from an undiagnosed neuro-developmental disorder. She is deaf in one ear, has a feeding disorder and requires daily medication for asthma. In her short life, she has been rushed to the emergency room six times and hospitalized twice. Her health was put at even greater risk when she lost her health coverage--which meant no more regular doctor's visits, weekly therapy or attention from specialists.
To deal with this crisis, Katie's father tried to buy private insurance, but he couldn't afford the roughly $1,000 a month, about 30 percent of his salary, to pay for the insurance plan offered by his employer. And even if he could have afforded the insurance, it would not have covered all of Katie's health needs. On top of that, other private insurers would not accept Katie in their programs because of her pre-existing conditions.