patrick.net

If the courts had any brains whatsoever, they would make the $10 million that's under the cap come directly out of the pockets of every executive in the company rather than the company's funds. That way, the key decision makers, the root of the problem, would be punished instead of simply making the other policy holders pay for the award.

If the executives feel no pain, the punitive damages have no effect. The courts need to pierce the corporate veil and hold those ultimately responsible accountable.

It would also be nice if the executives got a few years in pound-me-ass prison for reckless endangerment of the elderly.

I've seen some outrageous insurance policies in the past - like the ones that require a patient use 100 days of Medicare before the insurance kicks in. Many (most) people don't use the entire 100 days - and therefore wouldn't be eligible. The ones that don't adjust for inflation are useless too - $100/day used to be enough for placement, now it's half or less of the daily rate.

Obamacare has made healthcare unimaginably affordable, by lowering the rate of increase in costs

Its all a scam on all ends. Beginning costs for assisted living by me starts at $3500 and probably averages around $4200 a month. And if you are elderly and have no family expect to be taken advantage of and bleed dry.

errc says

Obamacare has made healthcare unimaginably affordable, by lowering the rate of increase in costs

Trump will squat on Obamacare and lay so many golden eggs that everyone will be saved. Everyone's talking about it. It's going to be tremendous.

I don't know where the gullible attitude comes from that people think that once they have insurance everything will be fine and dandy? Someone is selling you a product to make money, they aren't really interested in you, they just want your dollars. And yet every few month we get to see a story of a clueless person "shocked" at how this whole thing works, when it always worked that way. And now under Obamacare even became a mandatory purchase with tax penalties for not participating.

And by the way, 10M, they are saving money. Cost of healthcare is higher in a long run for 24/7. So all they are going with is financial calculation 10M is less than would pay to actually provide care.