Health insurers used to be non-profits

Reader comment on: ObamaCare and Mammograms

Submitted by Lyle (United States), Mar 27, 2012 18:14

But their executives being like all executives wanted to get into the 1% and demanded stock options to stay, so the boards decided they had to go for profit to keep the thought to be scarce executive talent. So then they had to make more money to pay the shareholders. The mutual version of insurance used to work but the greedy execs decided they needed to be paid more and killed it off.

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princeston [112 words]In the longer term, there's also the question of test availability. Several months ago, I heard a commentator (IIRC, Mark Steyn) make the claim that there are more MRI machines in one American city (IIRC, Philadelphia) than in all of Canada. MRI machinesApr 11, 2012 15:34
Another new inititave on costs [155 words]LyleMar 27, 2012 22:21
⇒ Health insurers used to be non-profits [73 words]LyleMar 27, 2012 18:14

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