Bill Moyers interview a successful Cigna executive who realized that “The hottest places in hell are reserved for those who, in times of moral crisis, maintain a neutrality” (Dante) and quit. (link below) This is an insider’s view into the insurance industry. It explains why our costs are so high. It covers the tactics the insurance industry is and will use to derail reform, and why the blue dog Democrats are obstructing real reform.
As always, regardless of if you agree or disagree with my opinions, support democracy by participating. Contact your Senators, Representatives, and President and let them know your opinions. That is the only way to counter the influence of high dollar lobbyist.
“The Medicare program that we have here is a government-run program that has administrative expenses that are like three percent or so.”
“(The insurance industry) spend 20 cents of every premium dollar on overhead, which is administrative expense or profit.”
“The satisfaction ratings are higher in our Medicare program, a government-run program, than in private insurance.”
“And that same thing happened, in the Nataline Sarkisyan case. You had a corporate bureaucrat making a decision on coverage. So, they are trying to make you worry. And fear a government bureaucrat being between you and your doctor. What you have now is a corporate bureaucrat between you and your doctor.”