Friday, February 12, 2010

[Medical] Insurers enjoy record-breaking profits as they cut 2.7 million people from their rolls

from Fire Dog Lake. 
The numbers may be shocking, but they shouldn’t be surprising. This is how the industry makes money, by charging people more and cutting the unprofitable people from their rolls. In fact, the one company who’s profit margin went down slightly this year – Aetna – was also the only company to add more customers to its rolls in 2009.

But the industry will go to any length to "justify" their profits and their policies of dropping their sick or expensive customers.