According to the WSJ, Aetna Inc. spent less money on patient care for some small businesses than it originally reported. The Senate Committee on Commerce, Science and Transportation said Aetna overstated by $4.9 billion the amount of money it spent on patient care for small businesses. Aetna said the error was a simple mistake.
Last month, the committee chastised Cigna Corp. for mislabelling $5 billion in premiums.
FD (a physician/small business operator) writes:
ReplyDelete(So how can there be continued justification for the fact that) premiums for small businesses (keep) going up from 10-30%?
To keep the comparable plan in 2010, my premiums would risat 29%. And that's with a $30 or higher copay, usually paying 3-5k out of pocked each year between deductibles and copays. And we are all relatively healthy.
So how can there be continued justification for the fact that) premiums for small businesses (keep) going up from 10-30%?
ReplyDeleteThe insurance industry has better accountants and lobbyists?
Here's another argument for purchasing products across state lines, or better, strengthening HSA's. Just don't look to Harry Reid to solve this problem. The big winner in the Senate bill, after the Bureaucrats, will be Big Insurance. We need to unite here and help stick a fork in the Senate's Christmas turkey.
An upstate physician writes:
ReplyDeleteWe do not accept Aetna, Cigna, Oxford, GHI/HIP, Tricare or Medicaid or Medicare Advantage programs. The former ones are liars, cheats and thieves. Advantage programs are run by the thieves and Tricare/MCD are social programs where the government rapes you and asks you to be try to enjoy the experience.
When physicians agree to par with these products, they are no different than battered spouses who give seemingly rational explanations for why they continue to stay with their abusers.