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This is why we need a public option

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Uploaded by on Aug 29, 2009

"Countdown"'s Keith Olbermann describes the unsavory story behind United Health Group, a health insurance player that is against the public option. This commercial insurer is making enormous profits, despite the fact that the company and its extremely well-paid CEO have a very shady track record, including an attempt to monopolize the market that sets the payment rates for health care. In spite of the company's seamy background and the fact that it has earned only an 8% approval rating from a survey of hospital executives, it is providing advice on health reform to...ready?...President Obama and Sen. Kent Conrad.

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  • No to "for profit" insurance companies deciding whether or not, after 25 years paying premiums, you're too old to have an "elective by pass" or cancer restorative surgery, versus the govt. Nope, let's give all the money to the banks, and grind all the needy and old into Soylant green patties and feed the rest of the population.

  • shit you are so fucked over there... :/

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  • It is disgusting that some fellow conservatives are batting for insurance companies who feel that their monopoly on health care would end as soon as the public option comes in. Both the public and private option on health should be available.

  • This guy is so sick........His day will come and he will

    rot in hell with all his money. I hope he suffers

  • DENIED MRI's. Obama has specifically spoken about reducing unnecessary tests like MRI's. the reform we need is a insurance payers bill of rights and more competition between the states.

  • Hemsley is one of the more corrupt people on the earth.

    UnitedHealthcare CEO Stephen Hemsley owns $744,232,068

    ( yes, that's 745 MILLION!!! )

    in unexercised stock options. His 2007 Compensation was $13.2 million; 2008 $3,241,042.

    that's a lot of denied health coverage. those profits only come by charging customers and then denying services. simple math.

    hope these health care CEO's get a mean form of cancer soon. or ebola.

  • WHY REFORM IS NECESSARY

    -UHC CEO Stephen Hemsley has $745 MILLION in stock options. 2007 pay $13.2mil; 2008 $3.2 mil.

    -CIGNA CEO Edward Hanway made $120million in last 5years. Stock options = $28mil.

    -Humana CEO Michael McCallister's made $10.3mil in 07. $1,017,308 in 08. Stock options = $60mil.

    -The LARGEST GOLDEN PARACHUTE in history of corporate America goes to William McGuire of UnitedHealth - 1.4 BILLION DOLLARS!

    How many DENIED angiograms, MRI's & dialysis treatments does that take?

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