Random Politics

Jul 14, 2009 15:49

Okay, so one of the notification systems I'm tied into just sent me a petition regarding the health care reforms.  It mentioned that the current health companies -- insurance et al -- are spending $1.4 million per day on lobbying Congress in their interests.

How many denied claims does it take to make $1.4 million?  Per day?

Note: I'm not even looking at their profit margins, which also have to add up to a certain amount of money which was meant by the people who give it to the company to pay for health care, but was not actually spent on health care.  Seriously, I don't see how government waste and bureaucracy can add up to more than a private company's preferred profit margin.  People who are doing things to make a profit are going to -- surprise! -- cost more than people who don't.  C + P > C for all positive P, and if P is not positive, then it's not a private enterprise that's going to survive, though it may be one that comes whining about for a government handout.

Can you tell I'm just not real impressed with entrepeneurs right now?  $1.4 million per day, five day week, $7 million per week, Congress has been at this for a few weeks now.  How can anyone claim to have any credibility as the most efficient means of providing health care when they're flushing money like that on not-health-care?

politics, rampant misinformation, rant

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