The Health Insurance Racket
Forward this video to your friends and watch all the videos at www.sickforprofit.com CIGNAs Edward Hanway spends his holidays in a million beach house in New Jersey. Meanwhile, regular Americans are routinely denied coverage for the care they need when they need it most. Welcome to the American health insurance industry. Instead of helping policyholders attain the health security they need for their families, big insurance companies get rich by denying coverage to patients. Now theyre sending lobbyists to Washington, DC to twist the arms of lawmakers to oppose reform of the status quo. Why? Because the status quo pays. Learn more at www.sickforprofit.com about the glamorous lives of billionaire health insurance executives and tell us your story of being victimized by their greed.
The Health Insurance Racket
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@ahoog69 I agree. The right-wing propaganda machine, while fighting healthcare reform, tried to convince people that there would be “death panels”. Those death panels did and do exist in the offices of insurance companies not the government. People accept from the private sector what they fear from the government. I also agree that insurance is a secondary problem to the out of control costs of direct healthcare. But gee, the free market will take care of it. Right?
Ed Hanway is guilty of crimes against…
DO NOT LIKE OBAMA HEALTH CARE ? TRY GOP NO CARE !!!
@ahoog69
Why is healthcare so expensive? How else would an insurance executive afford to live in a gated community similar to a redoubt in enemy territory? A lot want to protect their looted wealth. Because slavery is illegal corporations need to find another loophole to reduce workers’ spending power and potential to improve one’s position, and one such loophole is big insurance. It is meant to be a pretext for siphoning off the working and middle class’ wealth.
Healthcare is too important to be manipulated by private health insurance companies. Some (or most) might say that they would never allow the government to stand between them and their doctor, but that is exactly what the private insurers do – for profit. In addition to eliminating private insurance, we need to determine WHY healthcare is so expensive (something rarely – if ever – discussed in Congress) and find ways to reduce those costs across the board.
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Deny care or dump the sick, just to maximize profits? That could never happen in America!(Irony if you don’t get it, so no flamming please)
@Textynn
Known as the richest country in the world, yet does nothing for its people.
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@mikecher123 Number one in killing people maybe. Not even in the top twenty in health care. We are 37 last time I checked and lower rated by some standards.
I’ll be sure to never go to Cigna . er Sickna
Do you have known that kaiser permante is a Nonprofit organisation.
Good for their tax, bad for people
@ElasticGiraffe Wait times are a reflection of the number of doctors per 1000 people. The USA has 2.4, Canada 2.2, Greece 4.6. How does Greece have more doctors then the USA and be not for profit? And don’t say just look at their economy, everybody’s economy is in the toilet right now thanks to Wall Street. Their Medical system is one of the best in the world and they could lose it, why does America with all it’s money only have 0.2/1000 more then Canada? Please explain these things.
@mikecher123 America IS NOT THE NUMBER ONE COUNTRY IN THE WORLD, NOT EVEN FUCKING CLOSE.
When will you Americans stop pretending that you are the greatest, every single news story, every single revelation, every single international statistic SAYS YOU ARE NOT NUMBER ONE!
You used to be number one, AND YOU COULD DO IT AGAIN, but you as country are in denial. Admit you’ve lost your standing and the world AND GET BACK TO WORK AND REBUILD THE USA!
GET BACK, GET BACK TO WHERE WE ALL BELONG
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FUCK PRIVATE INSURANCE COMPANIES! I HOPE THEM PEOPLE WILL ROT IN HELL!
lol what a load of bullshit
To stop the abuses in this video? – a simple patients bill of rights AND ENFORCEMENT.
@JoJoshua1
Well you know I work two jobs. One is supposed to give me benefits, but not until they hire me permanately. I’m just a Temp now. So I need a second job, and I don’t get any benefits.
Maybe I’ll try to work for the Government so I can get coverage.
I don’t support Obamacare because I think its long-term effects will be negative (tax spikes which hurt the economy, ridiculous waiting lines such as those in the UK under the NHS, etc.) its constitutionality is highly dubious, and the majority of Americans have stood against it; but there is no doubt that health insurance company execs need to be held accountable for the unethical and tyrannical way they operate. People on the Left and the Right can unite in agreement over the need for reform.
Insidious as all this is, there is a far bigger problem. Most managed care organizations and insurers are not on the hook for these costs because they transferred their insurance risks to health care providers. So doctors, hospitals, nurses, and nursing homes get flat payments regardless of what their costs are. This make these providers tiny, inefficient insurers leading to poor profitability, high losses and severe constraints on patient benefits.
“Professional Caregiver Insurance Risk”
@forwardmover
If you read the whole story you would see. I went to washigton to lobby for a patient bill of rights in 1995 so people with pre exsisting conditions could be allowed to change insurance. To stop the abuse of people.
Under emergency regulations people can change Insurance when the employer feels it is necessary, my husband worked for the US Goverment. My family was lucky, not everyone is so lucky.
@forwardmover Directly from the insurance company. The army of people they employ to bother doctors and patients alike.
Question: How can a person who has been diagnosed with cancer, apparently a serious form, get an individual / family policy with any insurer, including Blue Cross, or did you get on a GROUP policy in california?