Do HMOs make enough profits to justify the huge campaign contributions used to influence politicians?

Answer 1

Obviously, yes

Do Trial Lawyers make enough profits to justify the huge campaign contributions used to influence politicians?

Do Labor Unions make enough profits to justify the huge campaign contributions used to influence politicians?

Answer 2

Oh, those executives make plenty of money!
The cost of for-profit-health care is a shame, and only raises the cost of care in general.

From a letter by Ralph Nader:

"Executive salary caps should apply to any HMO that services Medicare or otherwise receives tax money. Obscene HMO extravagance is a stark contrast to the penuriousness HMOs show toward patients. One HMO C.E.O., Steven Wiggins of Oxford, collected $30.7 million in 1997 even though his company recorded consistent losses after computer problems caused it to lose track of billing records and medical costs. If patients are to suffer under HMO rationing of medically necessary services, HMOs that receive public monies must not be allowed to squander precious dollars on lavish executive compensation packages. Prudent limits should be set for executive pay at HMOs receiving substantial taxpayer dollars."

Answer 3

Of course not --- as we have the highest drug and medical treatment in the world.

Military industrial complex - again none, as we export 35% of the worlds arms and every district in the USA is, in part, dependent on that.

HMO's and Politicians are the most honest people known to man. They would no more be influenced by money and reelection and all the perks that go with that then a child isn't lured into McDonalds to eat a Happy Meal Fat Burger to get a shiny new toy.

Peace

Jim

Answer 4

Sure they do, they don't spend it on health care, the executives live like kings. Why we think another layer of profits going out to pay exorbitant salaries is making heath care more effective is the biggest scam of our lifetimes.
Its not the owners money, its the money we pay the company in premiums that goes to paying lobbyists and making campaign contributions. Our money going to work against our own welfare, what a deal!

Answer 5

Let me guess, based upon your last 5 questions, you don't much care for HMO's do you?

Answer 6

obviously, their managers and owners think so.

why anyone else's opinion matters is beyond me -- it is the owners' money and they employed the managers to look out for it.


:-)

Answer 7

I would think so.