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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    


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.

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