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Forum Post: Death of a Business Model

Posted 2 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/

19 Comments

19 Comments


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[-] 2 points by GirlFriday (17435) 2 years ago

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.

[-] 1 points by shoozTroll (17632) 2 years ago

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/

[-] 2 points by GirlFriday (17435) 2 years ago

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.

[-] 2 points by Progression (143) 2 years ago

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.

[-] 3 points by shoozTroll (17632) 2 years ago

It's the only way to increased profits.

Minimum product at high prices.

I hope they go bankrupt.

[-] 3 points by Progression (143) 2 years ago

For-profits truly do not have a place as healthcare insurers.

[-] 2 points by shoozTroll (17632) 2 years ago

It never should have been that way. Even Blue Cross effectively became for profit.

[+] -4 points by DKAtoday (27789) from Coon Rapids, MN 2 years ago

Truth - Very Large Conflict of interest. Bad for the sick and injured bad for the provider. Just Bad.

[-] 2 points by hamalmang (722) from Lebanon, PA 2 years ago

"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.

[-] 2 points by shoozTroll (17632) 2 years ago

Corporate health care(sic), has been becoming more disturbing for a couple of decades now.

It's disturbing in a sad kind of way.

[-] 2 points by beautifulworld (20443) 2 years ago

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.

[-] 1 points by shoozTroll (17632) 2 years ago

This is from the CEO of Aetna too.

The death knell of corporate health care(sic) as we know it.

[-] 2 points by beautifulworld (20443) 2 years ago

Hooray!

[-] 2 points by richardkentgates (3269) from Fort Walton Beach, FL 2 years ago

Fantastic find!

[-] -3 points by onetime (-67) 2 years ago

Sounds like Obummer and his union cronnies

[-] 2 points by shoozTroll (17632) 2 years ago

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.

[-] -2 points by onetime (-67) 2 years ago

Sorry just take vitamins here, top physical condition

[-] 1 points by shoozTroll (17632) 2 years ago

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

[-] 2 points by hamalmang (722) from Lebanon, PA 2 years ago

Lern tu spel