Since when does a non-profit organization have the Govenor talk for them? And why can they provide $1 billion (ONE BILLION DOLLARS) for low-cost insurance? I am confused, if they are able to contribute that much money, then they are no longer a non-profit organization. If they are re-investing money, again, this is not a non-profit organization. If you supposedly are reinvesting to prevent rate increases, then why are the rates going up? Sounds like another way a company is making money beyond its means as a non-profit organization. I think this needs a stronger look at.
I couldn\’t agree with wudchuck more!!! Blue Cross has stepped way beyond there non-profit status, increasing surplus by 2 BILLION DOLLARS over a 5 year period and then having the nerve to say they\’re reinvesting to blunt rate increases is outrageous. Can anyone out there who has their coverage with the Blues tell me the last time there rate increase was less than 15%. This absolutely needs a stronger look!
Since when does a CEO need retainment….and you wonder why the corp america is doing wonders with PROFIT?!…LOOK at the Oil industry and gasoline…Health insurance is not a matter of retaining CEO\’s, if he is that good, then proceed to a profit organization….remember this is non-profit organization…I think you are confused as what a non-profit organization is or what value of money they are supposed to have….
The worst part is that once again \”low income\” or rather NO income\” leeches are the ones who profit. They get one billion dollars contributed so that poor little Shanay-ney and Miguel can get total free access to the health care system whil Dick and Jane\’s parent\’s slave to try and keep up with the spiraling costs that are ALWAYS past on tot hem.
Since when does a non-profit organization have the Govenor talk for them? And why can they provide $1 billion (ONE BILLION DOLLARS) for low-cost insurance? I am confused, if they are able to contribute that much money, then they are no longer a non-profit organization. If they are re-investing money, again, this is not a non-profit organization. If you supposedly are reinvesting to prevent rate increases, then why are the rates going up? Sounds like another way a company is making money beyond its means as a non-profit organization. I think this needs a stronger look at.
I couldn\’t agree with wudchuck more!!! Blue Cross has stepped way beyond there non-profit status, increasing surplus by 2 BILLION DOLLARS over a 5 year period and then having the nerve to say they\’re reinvesting to blunt rate increases is outrageous. Can anyone out there who has their coverage with the Blues tell me the last time there rate increase was less than 15%. This absolutely needs a stronger look!
You are both wrong. The excess profits should be used to retain their highly skilled upper management. The CEO compensation should be increased.
Since when does a CEO need retainment….and you wonder why the corp america is doing wonders with PROFIT?!…LOOK at the Oil industry and gasoline…Health insurance is not a matter of retaining CEO\’s, if he is that good, then proceed to a profit organization….remember this is non-profit organization…I think you are confused as what a non-profit organization is or what value of money they are supposed to have….
The worst part is that once again \”low income\” or rather NO income\” leeches are the ones who profit. They get one billion dollars contributed so that poor little Shanay-ney and Miguel can get total free access to the health care system whil Dick and Jane\’s parent\’s slave to try and keep up with the spiraling costs that are ALWAYS past on tot hem.