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Washington putting squeeze on insurers


Posted: August 19, 2010 - 1:30 pm ET
Tags:

Regarding “Insurers challenge medical-loss tax limits”:

One can imagine the following spoken from the vantage point of our dear leaders in Washington: Those greedy insurance companies. There is no reason why the government should not mandate that 85% of the premium dollar go to healthcare providers of one sort of another, with a maximum of 15% left over for general, sales and administrative costs and taxes. Profit? Who said they should be allowed to make a profit? Taxes? An issue that's between them and their state. Impossible for them to survive, you say? We never said we intended that they should survive. That's why we have single-payer healthcare waiting in the wings.

Carey Allison, M.D.
Vice president of healthcare delivery and chief medical officer
Health Plus of Louisiana
Shreveport


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