A former health insurance industry PR spokesperson, Wendell Potter, has written a book called 'Deadly Spin' - an inside view of the health insurance industry. It seems to be a book that should be required reading for anyone who believes the insurance industry isn't out for the bottom line. I will see about getting myself a copy...
I like his points:
- Don't read anything written by the marketing department at a health insurance company. I'm in marketing and I can tell you how anything can be spun anyway you want. Go use the government website www.healthcare.gov to figure out health insurance.
- All quoted rates will be for young healthy people. I can imagine what I would be quoted - two cancer diagnoses, chronic back issues, 8 surgeries to date, diabetes and rheumatoid in the family. They would just give me the $100,000/year premium and accept the fact that they will lose money on me.
- "Consumer driven" health insurance is a fancy term for 'let the consumers pay for it so the insurance companies don't have to'.
- Appeal every denied claim to the top of the food chain.
- And insurance companies have spent lots of money on influencing the people that matter - legislators, etc - to get things their way.
Maybe we should send off the insurance company executives who only care about their own bottom lines instead of the health of the American public for an extended vacation in some place far away so we can focus on keeping people health.