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Thursday, September 9, 2010

They're only in it for the money...


20 Signs That The Health Care Industry Has Become All About Making As Much Money As Possible

The following are 20 signs that the health care industry in the United States has become all about making as much money as possible....

1 - Even as the rest of the U.S. economy deeply struggles, America's health insurance companies increased their profits by 56 percent in 2009.

2 - According to a report by Health Care for America Now, America's five biggest for-profit health insurers ended 2009 with a combined profit of $12.2 billion.

3 - The top executives at the five largest for-profit health insurance companies in the United States received nearly $200 million in total compensation in 2009.

4 - According to an article on the Mother Jones website, health insurance premiums for small employers in the United States increased 180% between 1999 and 2009.

5 - Health insurance premium increases are getting totally out of control. For example, the 39% increase in health insurance premiums that Anthem Blue Cross imposed on some California customers last year was so obscene that it made national headlines.

6 - Since 2003, health insurance companies have shelled out more than $42 million in state-level campaign contributions.

7 - There were more than two dozen pharmaceutical companies that made over a billion dollars in profits in 2008.

8 - Each year, tens of billions of dollars is spent on pharmaceutical marketing in the United States alone.

9 - Nearly half of all Americans now use prescription drugs on a regular basis according to a CDC report that was just released. According to the report, approximately one-third of all Americans use two or more pharmaceutical drugs, and more than ten percent of all Americans use five or more prescription drugs on a regular basis.

10 - According to the CDC, approximately three quarters of a million people a year are rushed to emergency rooms in the United States because of adverse reactions to pharmaceutical drugs.


Link:
http://theeconomiccollapseblog.com/archives/20-signs-that-the-health-care-industry-has-become-all-about-making-as-much-money-as-possible

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