Welcome Visitor
Tue, Jun 2, 2020
203 members
FRONT PAGE
COMMUNITY NEWS
OPINIONS/EDITORIALS
LIFESTYLES
SCHOOLS/EDUCATION
OBITUARIES
BUSINESS
SPORTS
PREP FOOTBALL
FRANKLIN FACTS
CHURCH NEWS
COMMUNITY CALENDAR
MOST POPULAR
SEARCH ARTICLES
PAST ISSUES
SITE MAP
JOIN THE FT WEB SITE
LOGIN
LOGOUT
WHO'S ONLINE
EDIT YOUR PROFILE
MAKE US YOUR HOME PAGE
Greater Franklin Co. Chamber of Commerce
Franklin County, North Carolina
Franklin County Schools
Franklin Co. Arts Council
Franklin County Boys & Girls Club
Franklin County Library
Franklin Co. Relay for Life
World Overcomers Bible College
Five County Mental Health Authority
Franklin Co. Democrats
Franklin Co. Republicans
Franklin Co. Parks and Recreation
Youngsville Parks & Recreation
Bunn Youth Recreational League
Louisburg College
Vance Granville College
Crosscreek Charter School
Guardian ad Litem Program
N.C. General Assembly
North Carolina Government
Safe Space, Inc.
National Whistlers Convention
SPORTS LINKS
YOUTH LINKS
Profit a problem in health care

Dear editor:

Private Healthcare, Single Payer, Medicare for All, Socialized Medicine, Affordable Care Act, these are all terms that are continually being used to describe current and future healthcare. President Trump recently said the Republicans are going to be the party of healthcare; the Democrats won big in the mid-terms running on healthcare.

Sometimes I think the idea is to bombard us with talking in circles until we don't care anymore.

I care. The cost of healthcare is continuing to climb and if you want decent eye care or dental you have no hope. Who is winning in the current environment? The insurance companies.

If you talk to healthcare professionals, they will tell you they aren't winning. The insurance companies are squeezing them to the point that they cannot afford support staff and they must see so many patients just to keep the lights on.

Why such a fight over healthcare? The rest of the developed world provides healthcare to their citizens, why not in the U.S.? I am not a socialist and I don't think the government is a well-run organization, but I want to know that one major health issue is not going to break me.

I decided to follow the money. I decided to look at top management compensation at United Healthcare (full disclosure this is my insurance company). What I found was the Executive Chairman's compensation was in excess of $18 million (Proxy Statement filed in 2018). That was only the tip of the iceberg; if you added up the top six executive's compensation it was more than $70 million. The President and CEO at Humana compensation is over $16 million (Proxy Statement 2018), and this is not even the highest. The winner of the highest paid executive at a Healthcare Insurance company goes to Centene Corporation; their CEO is paid in excess of $22 million, as reported on www.fierceHealthcare.com.

What I am trying to say is, we need to get the profit out of healthcare. I want people to get paid and I hope my healthcare professionals are not worrying about their bills when they are helping me, but this kind of excess at the top is not helping the average person get good quality healthcare.

In the United States we pay more for healthcare than any other industrial nation and we have poorer outcomes.

As we approach the next election both parties are going to be pushing healthcare as a wedge issue. Be smart, look at each of the options and see which option aligns with your values.

Socialized medicine does not mean the Red Army is on the way, Single Payer and Affordable Care Act does not mean there will be death panels deciding who gets treatment.

What we need to consider is the idea that private insurance companies profit when we don't pay attention. Think about it.

Dennis Bickel
Louisburg


Printer-friendly format


Members Opinions:
November 27, 2019 at 12:10pm
Comrade Bickel, you just may get your wish and live to regret it.
November 27, 2019 at 6:22pm
Just remember that the Affordable Care Act actually increased the profits of insurance companies by forcing people to buy insurance and taking your taxes to subsidize the cost for some. Insurance stocks went up when the law was passed.

Both political parties have failed to confront the insurance lobby and the ACA was actually campaigned for by the insurers.

I don't know the answer but infusions of tax money just raise the prices even faster. This is also evident when you see what government guaranteed loans have done to college costs.

Our federal debt is a ticking time bomb and massive new spending will shorten the fuse.



Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: