Premiums are going up, government is criticized for health spending, and $48 million dollars went to three people in total compensation. Those fortunate few were the tireless executives at some of the nations top health insurance companies. ($74 Million went to the top 7!) With average per capita health spending at $8k that is the equivalent of 6000 people (including children) that could have received excellent coverage without affecting the profits of those companies. Call me socialist, but that is the tip of the iceberg! That is only 3 executives!
Now realize that our health dollars also pay value and dividends into retirement plans for shareholders and you see the benefit of the insurance industry as a money machine not as a delivery system. Nothing wrong with capitalism again, unless your goals are access to affordable care and improved health status of our population. (Health status impacts productivity, national defense and social security (disability).) Its amazing how those socialist goals jive with capitalism!
So this is a bit like paying the generals in our army and air force huge salaries to privatize the military, because the government doesn't run things well. And then we all buy stock in it to fund our retirement programs. And then they sell off our national security goals to make sure the stockholder value doesn't go down....maybe by only invading oil rich countries....(oh yeah we already did that!) and then....
I think I will stick with the good old socialism we used to call the common good and continue to advocate for the public option.
I always thought I was a capitalist as the CEO of an organization. But I am beginning to like this socialist thing! Thanks to Fox and friends for pointing it out!
