Is it wrong that the top priority of Health Insurance Companies is to make a Profit?
July 19, 2010 - 12:42 am
Should Profit be their main objective or should it be providing good health care to you and me? Don’t these priorities conflict?
If I support Obama’s plan of moving closer towards universal health care coverage why I are republicans claiming I am in favor of the Government running my life….I just want good health care coverage and not to be screwed around by my own health insurance providor.
Profit should never be involved with health care. If the goal is to make money, then your well being is secondary and you will never get the best care possible.
Its sad that any person here is at risk of losing their home and savings if they get sick. And you’re fooling yourself if you think you have good coverage and you’ll be just fine.
July 19th, 2010 at 6:08 am
No. They should be more interested in making "responable" profit instead of gouging.
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July 19th, 2010 at 6:40 am
I do think the priority should be on providing good health care.
But all it takes is the word "company" to know that profit comes first on their agenda.
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July 19th, 2010 at 7:19 am
If you want good health care coverage, then go purchase it and stop expecting someone else to do your work for you.
Try getting good health care at the existing government provided health care facilities, the VA.
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July 19th, 2010 at 7:54 am
The objective of every business is to make a profit. PERIOD. If the government gets involved in health care, then rationing of services can’t be far behind. Look at Canada, Great Britain for examples. The one model that would allow everyone to have low cost insurance would be for the government to make it mandatory that everyone have health insurance just like they do car insurance. Once that pool of premiums is larger, the cost will diminish.
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July 19th, 2010 at 8:07 am
All companies are in business to make a profit. Health care is not a right it’s a privilege.
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July 19th, 2010 at 8:27 am
Don’t be silly. The government can’t give you good health care. They can barely give you a freaking driver’s license.
Every efficient organization must earn a profit. It’s ok for the government to impose some regulations to ensure ethical business practices, but the fact remains… profit is the motivation to make things happen.
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July 19th, 2010 at 9:15 am
It is the priority of everyone in an ultra capitalistic country, and this is what America is spreading through the world, forget all that nonsense about democracy, it’s all for profit.
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July 19th, 2010 at 9:26 am
They are in business and profits are the motive. Maybe they should all be non-profit orgs. But I don’t know if that would have to be approved by the government. Private companies tend to run things better that government so I would rather they figure out a way to keep the health plan in the private sector with some competition to drive down the price and up the efficiency. Government has never been very efficient.
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July 19th, 2010 at 9:50 am
Problems with a lot of things in American life, is the fact that the people running things wants to make every thing into a get rich quick scheme to milk as much cash out of people as they can without providing anything in return.
And yes, of course profit and providing the best quality service will sometimes conflict as it does in many industries.
Businesses do market research to determine what brings their customers to them, and if it isn’t quality of service, they usually do another to see if they can get away with reducing quality to increase profit.
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July 19th, 2010 at 10:20 am
Of course not. It’s the top priority of all private enterprises.
For a good example of how well this works, look at how efficient and fiscally responsible the government agencies are when profit is a non-issue.
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July 19th, 2010 at 11:00 am
Profit should never be involved with health care. If the goal is to make money, then your well being is secondary and you will never get the best care possible.
Its sad that any person here is at risk of losing their home and savings if they get sick. And you’re fooling yourself if you think you have good coverage and you’ll be just fine.
References :