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« Fat Bitch vs. The Biggest Loser | Main | Gabourey Sidibe still got an Academy award nomination, what do you have? »

March 08, 2010

Comments

Please define "record profits".

The health insurance industry last year made more record profits than did the Goldman Sachs of the world all the while raising premiums as much as 10 percent higher than the actual cost of healthcare. Of course they have to divert the outrage somewhere and fat people have always made for good scapegoats.

(Meanwhile I will be happy to chip in when she finally decides to see a mental health and/or eating disorders professional).

**snerk**

I often wonder: Do the MY INSRANCE BLAAARGH people like Screaming Mememeeee know that mental health expenses count as "health care costs"? When I go to my shrink or my psychiatrist, I file a claim with my insurance company, so you'd better believe it counts. So what's the first thing people like that tell us when we say we can't stick to 1200 or 1300 or 1400 calories a day for the rest of our lives? We're sick in the head and we need "help," right? Hmmmm...

Good question Sarah. Most profits are anywhere from 2 to 10% according to Fortune. http://money.cnn.com/magazines/fortune/fortune500/2006/industries/Health_Care_Insurance_Managed_Care/2.html

NPR also points out that insurances companies base their profits are total cost of health care cost, not what they pay. http://www.npr.org/templates/story/story.php?storyId=111494182&ps=rs

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