Friday, February 26, 2010
Ms. Maddow is correct in her analysis that for-profit insurance companies can't be blamed for doing everything they can to turn a profit. That's how for-profit insurance works. I think that the profit motive should be removed from healthcare altogether. Legislation should be passed requiring health insurance companies to operate strictly as non-profit corporations, mutual companies and/or co-ops to ensure that premiums are used to treat sick people and not line the pockets or stock portfolios of insurance executives.
Posted by Joseph L. Puente at 12:28 PM