« prev   random   next »

0
0

Health insurance money at work in California

By anotheraccount following x   2014 Aug 17, 12:31am 1,531 views   1 comments   watch   nsfw   quote     share    


http://www.sfgate.com/bayarea/matier-ross/article/Blue-Shield-to-fete-some-members-in-style-at-new-5693340.php

Blue Shield of California says its aim is "to ensure all Californians have access to high-quality health care at an affordable price" - and apparently that includes spending no less than $2.5 million for a luxury box at Levi's Stadium.

1   anotheraccount   ignore (1)   2014 Aug 17, 1:23am   ↑ like (0)   ↓ dislike (0)   quote   flag        

The Professor says

There should not be a profit in making people sick.

Event the 80/20 rule does not help. Only 20% of premiums are allowed to be spend on these type of expenses, but if the total pie keeps growing 5-10% a year, that 20% can be quite substantial.

They can rent out a super nice large room, for 100s of people, in any hotel conference center about 500 times for this much money. That's 30 football seasons.


about   best comments   contact   one year ago   suggestions