Do you care if the non-profit insurance companies are killed? Not so fast.....

[Traveling_Home]

I hadn't thought about this

Blue Cross Blue Shield is a non-Profit


Yet, in 29 of the 43 states that data are available for… the dominant company in the “full” insurance market is a non-profit company. In state after state, Blue Cross and Blue Shield hold the largest market share. On average, the largest non-profit hold over half of the “full” market share in those 29 states. Why add another non-profit operation to the mix?

[LaydeeBug]

1. no they're not, and they haven't been for quite some time. nt

[Traveling_Home]

5. My Bad - deleting it

[lsewpershad]

2. Blue cross

is also one of the culprits.

[Warpy]

3. It varies by state

and they have converted from non profit to for profit in several states, forgoing the tax break given to non profits in favor of raking in what the other insurance giants do.

[yourout]

4. Thom Hartman has talked about non-profit does not mean no-profit.

All they have to do is make sure they pay the Execs huge sums of money to balance the bottom line.

[marmar]

6. Blue Cross operates very much like a for-profit enterprise.....

.....ask those who've had their claims denied.

[Traveling_Home]

10. Medicare denies more claims than anyone by %

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=508314

I'm on SSDI and medicare

[Cleita]

7. The only large health care organization that exists today as a true non-profit

is Kaiser-Permanente from what I understand. I don't think BC/BS have been for some time. Being traded on the stock exchange is a clue to profitability.

[valerief]

8. WellPoint is non-profit? Anthem is non-profit? These are BlueCross BlueShield members.

Put down the crack pipe, buddy!

:hi:

[MNDemNY]

15. It's medicinal.

[valerief]

17. I get high on life...and high fructose corn syrup! I'm flying now! nt

[LiberalArkie]

9. Non profit does not mean anything. So they spend all their income on salaries

and fancy cars, planes and buildings. Because some businesses are non-profit, do not confuse that with being any different than a for profit one. Always check a non-profit for how much of their income goes to administrative costs.

[rucky]

11. How much to the execs make?

Do they get bonuses for denying claims?

[donco6]

12. Health insurance exists to get between you and health care.

I'd rather my Kaiser just focus on health care - and I don't know that they would mind either.

[wryter2000]

13. I work for Kaiser

And you're right...we won't mind one bit. We're looking forward to health care reform and will work with the public option, not against it.

[donco6]

14. Good. I like my Kaiser.

They got me through my cancer treatment really well.

[wryter2000]

16. Glad to hear it

:hi:

We don't get everything right, but these days, I wouldn't get my care anywhere else.