But those that need affordable health care most can't afford to invest. More than half of those already enrolled in these plans have not put any money in their health savings account.
More Quotes from Jerry Flanagan:
HMOs and insurers pumping up their coffers at the detriment to seniors is a blight on the Medicare prescription drug benefit and is the last straw of their looting and pillaging of health care.Jerry Flanagan
This is a national problem. Insurance companies sell you a policy and then they break their promises and they cherry-pick and only insure those that are healthy. Dare you get sick, your coverage is revoked. This makes a mockery of health insurance.
Jerry Flanagan
A handful of insurance companies control the market and raise rates at will, far above the value of the insurance they're selling.
Jerry Flanagan
Recent mergers have given the industry a strangle hold over the health insurance market. With fewer pressures for efficiency and no government oversight of rates, insurers have been given free rein to spend more of our health care dollars on overhead, profit, and administration. The last decade of HMO mergers has taught us that when fewer HMOs dominate the health care market, quality goes down, premiums go up, and patients get short changed. Already, 45 million Americans are uninsured because they cannot afford to pay the insurers' ransom.
Jerry Flanagan
When Wall Street analysts talk about efficiencies, they're talking about more money for HMO profits, not better care.
Jerry Flanagan
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