Thursday, September 9, 2010

20 Signs That The Health Care Industry Has Become All About Making As Much Money As Possible

1 - Even as the rest of the U.S. economy deeply struggles, America's health insurance companies increased their profits by 56 percent in 2009.

2 - According to a report by Health Care for America Now, America's five biggest for-profit health insurers ended 2009 with a combined profit of $12.2 billion.

3 - The top executives at the five largest for-profit health insurance companies in the United States received nearly $200 million in total compensation in 2009.

4 - According to an article on the Mother Jones website, health insurance premiums for small employers in the United States increased 180% between 1999 and 2009.

5 - Health insurance premium increases are getting totally out of control. For example, the 39% increase in health insurance premiums that Anthem Blue Cross imposed on some California customers last year was so obscene that it made national headlines.