10Mar/1023
How Health Insurance Companies Make Money
I just see so many naive people saying that there's nothing wrong with our heal care system, and how great their insurance coverage is, I felt it was worth uploading this clip. Dr Linda Peeno confessing to denying payments

March 10th, 2010 - 08:16
thats not exactly true. . .
March 10th, 2010 - 09:08
Thank you Thank you for posting the actual footage thank you.
March 10th, 2010 - 09:31
“Single Payer” in Canada, or State mandated basic health insurance is always supplemented by private addons for people who can afford it because the public good is abused and subject to supply restrictions. . . there is not even any copays for office visits
March 10th, 2010 - 09:42
I know that the United States spends about 2. 2 trillion annually on goods and health services, or about 16% of GDP. The overhead you are talking about is doubtful. . . I’ve seen numbers as high as 15 to 17%. However, that all single-payer supporters forget is that the semi-private system is in place to ensure the courses because the government led the Grant!
March 10th, 2010 - 10:36
I know enough about economics to know that the insurance industry adds about 30% over head to the cost of medical treatment without providing any.
The overhead of the non-profit government is about 3%
That is why all other industrialized counties don’t allow for profit health insurance. Most have universal entitlement to health care.
Why do we have the right to own a gun but not health care?
March 10th, 2010 - 11:05
In short, you are penalized in the US for buying individual coverage because most people have third party payer, employer/government subsidized health plans masquerading as health insurance plans.
March 10th, 2010 - 11:17
. . . well if you understood economics, you would realize that forcing a company “not to profit” from a basic health insurance plan is equivalent to a high risk subsidy. . . since I am not sure if they allow the fund money to be invested in commercial paper or other types of bonds.
March 10th, 2010 - 11:47
I concur there is a problem, but it is a crisis of price, not a crisis of quality!
March 10th, 2010 - 12:24
You have no idea what you mean. It is upon me, because I understand that the issue in the United States is inflated medical goods / services price due to the employer / government driven subsidy. Think about it, we are ensuring the normal procedures of medicine! And you seem unaware that most people do not buy insurance as individuals. . . . were the most denials come. . . . also as a side note, the profits of insurance companies are afraid to 0. 5% of health spending.
March 10th, 2010 - 12:54
I will give you an example. Because the Swiss aînés pay many small dépenses. What people as you want, c' is a véritable système socialisé. What I want, c' is to fix the problème. The problème is that we are by ensuring the normal médicaux goods/services and the prices are gonflés! You are wrong by the dénis in axé measurement on the employers insurances subventionnées is concerné…. the majority of the démentis come from individual plans, and the majority of people to obtain l' insurance of their employer.
March 10th, 2010 - 13:13
There would be no need for a high risk pool. Insurance companies in Switzerland are not allowed to make a profit from the basic service plan. That way everyone can afford it.
Why are you trying to defend corporations that don’t provide any medical services to profit from sick people?
March 10th, 2010 - 13:22
I am not entirely agree with the Swiss system, but what I like is that there is no NHS or Medicare, Medicaid or running deficits and control supply because ‘ it is a public good. . . I would like to improve the Swiss system by making it completely private and have a high risk pool as our 29 States. . . . question the U.S. is inflated prices, and insurance among both employees because of government subsidies.
March 10th, 2010 - 14:22
Swiss are required to purchase basic health insurance, which covers a range of treatments which are set out in detail in the Federal Act. It is therefore the same throughout the country and avoids double standards in healthcare. Insurers are required to offer this basic insurance to everyone, regardless of age or medical condition. They may not make a profit off this basic insurance, but can on supplemental plans. [
March 10th, 2010 - 15:14
How do the Swiss cover everybody without having any social insurance then? You are confusing FOR PROFIT as a bad thing!
March 10th, 2010 - 16:05
It is not vous.l ‘insurance industry of profit is ripping everybody off.
March 10th, 2010 - 16:46
What’s wrong, is that our country has a healthcare system in which the entities which are supposed to provide us coverage, make their profit by denying us that coverage.
March 10th, 2010 - 16:50
And to add some context, these were the hearings for HIPAA, a stop-gap measure that ensured coverage, but did nothing to even understand the reasons for inflated medica goods prices.
March 10th, 2010 - 17:09
What I am arguing is that most of the tragic stories involved with insurance is centered around individual plans, not employer subsidized ones. And many people use these videos as points of reference to come to the premature conclusion that a majority state system is the only, and best answer. . . . . and also, I apologize for the caps and the dicky attitude.
March 10th, 2010 - 17:41
I do not understand. What is “bad”? It is fair to describe his experiences as critical to a medical insurance company. Do you mean she does these things up?
March 10th, 2010 - 18:12
DO NOT CLAIM OTHER PEOPLE ARE NAIVE. I get so irritated by it.
March 10th, 2010 - 18:53
This is WRONG as far as employe driven health insurance is concerned, which is better than ANY Canadians plan for example, bar none. I get irritated at people who don’t understand the economcis of our current problem OVER INSURANCE AMONG EMPLOYEE DUE TO EMPLOYER AND GOVERNMENT SUBSIDY! Not to mention frivolous lawsuits!
March 10th, 2010 - 18:55
Thank You. . .
March 10th, 2010 - 19:45
Insurance Industry DEATH PANEL Doctor. Sara Palin Should see this.