Health Insurers cutting their own throat

Discussion in 'Economics' started by bigarrow, Feb 20, 2010.

  1. spinn

    spinn

    the "doctor" who runs that site has sued 45 doctors who use natural cures, he has lost 45 consecutive times and was recently hit with court costs. This is the guy you want to hold up as your example of who is scamming whom???

    http://www.canlyme.com/quackwatch.html

    In a stunning development, Lehigh Valley Pennsylvania Judge J. Brian Johnson on Thursday, October 13, 2005, tossed out nationally known self-proclaimed ‘consumer medical advocate’ Stephen Barrett’s defamation lawsuit just minutes before it was going to be considered by a local jury.

    Barrett, a long-time nemesis of chiropractic, filed the lawsuit because of Koren’s publication that Barrett was ‘licensed’ and in trouble because of a $10 million lawsuit and because Barrett was called a ‘Quackpot’.
     
    #21     Feb 21, 2010
  2. much more that scammers like these:
    http://www.consumeraffairs.com/health/trudeau.html

    This skirmish is part of a larger battle: Trudeau has been involved in a court fight with the Federal Trade Commission, which says some of his advertising for his Natural Cures books is misleading. Gettleman is presiding over that civil trial, and has already ordered Trudeau to pay $37 million for violating a 2004 order relating to his book The Weight Loss Cure 'They' Don't Want You to Know About.
    http://content.usatoday.com/communi...nd-pitchman-kevin-trudeau-sentenced-to-jail/1
     
    #22     Feb 21, 2010
  3. spinn

    spinn

    #23     Feb 21, 2010

  4. So, there is only one health insurer for the entire state of CA? I doubt it. No one is forcing her to buy health insurance. Self insurance is completely possible, I know many people who pay for their own care. Student health care is a viable option.

    If more people refused to participate in the Health Care "Oligopoly", as you describe it, then it would collapse under its own weight.
     
    #24     Feb 22, 2010
  5. self insurance is only advisable if you have a huge net worth(5 million+) or nothing(typical et poster). for those of us that have assets to protect trying to self insure is stupidity.
     
    #25     Feb 22, 2010
  6. Correct, except I'd say liquid assests of 5 mil +.
     
    #26     Feb 22, 2010
  7. piezoe

    piezoe

    This thread is illustrative of how little understanding there is of the underlying problem facing health care in the US. A problem --I might add -- that, along with out of control military spending, is going to ruin the US economy if allowed to continue many more years. The original "Obama" plan had the major strength of forcing some competition into health care. Sad to see that corporate forces together with politicians whose only goal was to ruin the plan no matter what, have been able, so far, to derail it by convincing a sizable fraction of the US population that it amounted to socialized medicine. Nothing, however, could be further from the truth. The plan, as originally conceived, championed, in stepwise fashion, free-enterprise with some social progressive aspects . But corporate interests are not about free competition, they are about monopoly and market control. And there is no better way to get rich than to enjoy a monopoly, or its equally effective cooperative version known as a Cartel. (I can't recall which well-known industrialist famously made that observation many years ago.) Ironically, the country may be driven, in the end, to true socialized health care. That would be unfortunate, to say the least.
     
    #27     Feb 22, 2010
  8. If I can't raise your rates triple then I have my doubts if this country isn't becoming socialist. So, where do you draw that line?
     
    #28     Feb 22, 2010
  9. piezoe

    piezoe

    Thanks, omega, that made me chuckle.
     
    #29     Feb 22, 2010
  10. I'm on board with your take to the letter. I like the term Chomsky uses, tacit collusion, if not outright defiance at any attempts at regulating their unbridled ambitions.
     
    #30     Feb 22, 2010