Day: May 16, 2011
The Unconvincables: Gov. Rick Scott Denys Climate Change
I’ve not been convinced that there’s any man-made climate change. Nothing’s convinced me that there is.
— Florida Gov. Rick Scott (R-Tea), who presides over a state where 95 percent of the population lives within 35 miles of the coast, and where, by the turn of the century, the waterline will be between 2 and 5 feet higher.
Health Insurers Report Record Profit – But Leave 50 Mil Uninsured, Shift Uninsureds’ $49 Bil Unpaid Hospital Bill to Taxpayers
Four recent health-care related stories in the news, taken together, put the current state of the crisis into perspective:
- Despite failing at its core mission of providing insurance to everyone, the insurance industry rakes in record profits:
The five largest insurers — WellPoint, Cigna, UnitedHealth Group, Aetna and Humana — which along with some other competitors boasted a 250 percent return over the past decade, earned over $15 billion in 2010. That’s 22 percent growth over their combined $12.2 billion earnings in 2009.
- And yet, the insurance megacorps are demanding large premium hikes:
Yet the companies continue to press for higher premiums, even though their reserve coffers are flush with profits and shareholders have been rewarded with new dividends. Many defend proposed double-digit increases in the rates they charge, citing a need for protection against any sudden uptick in demand once people have more money to spend on their health, as well as the rising price of care.
- These companies have rigged the system so that one-sixth of the U.S. population can’t afford insurance:
[…]
The Offline Social Network
Just couple of guys asking people for the same information Facebook wants. What could go wrong??


