Michael Moore's Latest Target: Your HMO

[FRPLG]

Originally Posted by dmek25

first off, what exactly is the cost of running an insurance company? it only takes a handful of non trained professionals to deny a claim. managed health care was thought up by a group of insurance companies to control costs, and make sure the profit margin is at its greatest. there should be no way an insurance company can deny someone coverage on a claim that is needed. but it happens all the time. when these companies start dictating to the medical profession what they can do, and what they can charge, thats the problem. i am for national healthcare. it cant possibly be any worse then it is now, and it will be cheaper

Insurance companies pay out BILLIONS of dollars a year in claims. THAT is the cost of doing business.

managed health care was thought up by a group of insurance companies to control costs, and make sure the profit margin is at its greatest.

Umm yeah pretty much. They are public companies with share holders. That is why the company exists. Healthcare was becoming more expensive therefore hurting the bottom line. So insuarnce companies figured out how to still offer their services while also making the profits that they are supposed to make. You don't like it? Then go find another insurance company who isn't doing that. Can't find one? That ought to be a clue about what is going on here. If the profits were so "massive" then there would be companies running to get into the market to get a piece of the pie. That would in turn cause prices to drop. That isn't happening. I wonder why? Because insurance companies don't make "massive" profuts in the way that you mean. It is simple economics.

there should be no way an insurance company can deny someone coverage on a claim that is needed.

Actually there should be. If their policy doesn't cover it. A lot of people bemoan the insuarnce companies for not paying out claims that they should pay out when in fact they are simply not paying out a claim that they shouldn't pay out. Very few insurance plans cover everything.