Health Insurers Have Banner Year- Did You Make More Money In 2009?

Did you make more money in 2009 than in any other year of your life? I doubt it! In these financial times, most American’s would have to say, "No." Most companies had problems in 2009, and some large corporations and banks even had to be bailed out by the government. Well, in today’s podcast I present information from an article that came across my computer that shows how 4 out of the 5 major health insurance companies made more money in 2009 than the year before. The one company that did not make more money still profited quite nicely. It seems clear to me that these companies are not out to protect the public’s needs. They sell themselves as being there to help the public, but, in reality they are like any other company that is oriented toward making a profit for their stock holders and CEO’s. Regardless of your position on the question of universal health insurance in America, this information should make you question if health insurance companies need to be better regulated and whether these companies need to be investigated for their practices. Listen and you decide.