Forum Post: Death of a Business Model
Posted 12 years ago on March 9, 2012, 4:26 p.m. EST by shoozTroll
(17632)
This content is user submitted and not an official statement
Run a corporation into the ground, suck out as much value as possible, and declare failure of the business model.
Way to go.
http://wendellpotter.com/2012/03/the-end-of-health-insurance-as-we-know-it/
Well, why the hell can't we get rid of them now? They have done nothing but harm. They can just pack up and leave now.
Glad you think so.
Wendell is a great source for a dose of insurance reality.
Here's another, just for you.
http://wendellpotter.com/2012/02/health-care-myths-and-realties/
Thanks! I like Wendell Potter.
As GiveForward’s Ethan Austin was quoted as saying in the news release, “There is a huge gap in this country between what insurance covers and what people are expected to pay when they get sick.”
Yeah. This is very true.
Aetna plans were always second rate. Quite a few Aetna plans failed to meet minimum credible coverage in Massachusetts. I'm not surprised that Aetna is running into the ground.
It's the only way to increased profits.
Minimum product at high prices.
I hope they go bankrupt.
For-profits truly do not have a place as healthcare insurers.
It never should have been that way. Even Blue Cross effectively became for profit.
Truth - Very Large Conflict of interest. Bad for the sick and injured bad for the provider. Just Bad.
"Even though the population of the United States increased by more than 27 million during the 2000s, the number of people enrolled in managed care plans declined significantly, according to U.S. Census Bureau data — from 179.4 million in 2000 to 169.4 million in 2009."
That is so disturbing.
Corporate health care(sic), has been becoming more disturbing for a couple of decades now.
It's disturbing in a sad kind of way.
Hallelujah! Great post, shooz. From the article:
"You can’t keep making consumers pay more and more for their care and expect them to see the value of buying coverage." Greed fails.
This is from the CEO of Aetna too.
The death knell of corporate health care(sic) as we know it.
Hooray!
Fantastic find!
Sounds like Obummer and his union cronnies
Sounds like you didn't read it.
Is your knee always jerking?
I think there's a pill for that, if you can afford it.
Sorry just take vitamins here, top physical condition
Except you can't read and have sheep for brains?
Your knee is very definitely jerking.
You should have that looked at, if you have insurance
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