Aetna extortion

Airport

All-American
Dec 12, 2001
86,145
6,779
113
Spoken like someone who knows nothing about running a business.

I run a business just like you. I refuse to take Medicaid or participate in some insurance policies because of too low reimbursements. Aetna is not going to give up a reasonable profit. The merger was to give them another profit point. The fudiciary responsibilty of a CEO is to make money, not anything else. I don't know for sure but government has always used its power to coerce business to do what govt wants it to. The federal govt does it to state govts all the time. That point isn't lost on you, is it?
 

bornaneer

All-Conference
Jan 23, 2014
30,907
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The answer is what Donald Trump proposes ..........A single payer program.
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
Maybe it was more like...Block our deal and we'll HAVE to drop out of Obamacare exchanges. Evil Corp is not always the villain.
Maybe. But given Aetna's size and influence, I'm inclined to think this is just Aetna peeing on big bad govt.
 
Dec 7, 2010
20,602
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I run a business just like you. I refuse to take Medicaid or participate in some insurance policies because of too low reimbursements. Aetna is not going to give up a reasonable profit. The merger was to give them another profit point. The fudiciary responsibilty of a CEO is to make money, not anything else. I don't know for sure but government has always used its power to coerce business to do what govt wants it to. The federal govt does it to state govts all the time. That point isn't lost on you, is it?
Business is really pretty simple especially the service industry....provide good service and get paid. provide bad service or no service, and don't get paid or get paid much. There are other variables in success in business besides good service and an attractive price point....convenience being a big one. Top quality service....best convenience....lowest price. A business can never be the best at all 3 of those qualities. Two out of 3 is possible but not all 3. But for someone to say making money takes precedence over service is simple-minded and shows ignorance.
 

WVUCOOPER

Redshirt
Dec 10, 2002
55,556
40
31
Maybe. But given Aetna's size and influence, I'm inclined to think this is just Aetna peeing on big bad govt.
They aren't the only insurance provider saying this. I'm guessing if it's ********, all kinds of smart people will make a fortune with their new/newly acquired insurance companies. I mean it worked out well for all those health insurance co ops.
 

WVUCOOPER

Redshirt
Dec 10, 2002
55,556
40
31
Business is really pretty simple especially the service industry....provide good service and get paid. provide bad service or no service, and don't get paid or get paid much. There are other variables in success in business besides good service and an attractive price point....convenience being a big one. Top quality service....best convenience....lowest price. A business can never be the best at all 3 of those qualities. Two out of 3 is possible but not all 3. But for someone to say making money takes precedence over service is simple-minded and shows ignorance.
For profit insurance providers with a BOG, thousands of employees and stockholders may be a smidge different.
 

DvlDog4WVU

All-Conference
Feb 2, 2008
47,165
3,210
113
Spoken like someone who knows nothing about running a business.
Hahahha, except the fact that i own 2 small businesses on the side with 10+ employees. Then in my real career I have almost 200 employees spread in 4 continents and 17 different locations and a monthly budget that likely eclipses your entire practice's budget since inception.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
A Govt. with Trump at the head would run it efficiently.

Don't take this wrong but as long as there is no accountability in govt, nothing will ever be well run in govt. It's impossible to even fire corrupt or criminal people. As long as there's a union involved, you can't run it well.
 
Dec 7, 2010
20,602
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Hahahha, except the fact that i own 2 small businesses on the side with 10+ employees. Then in my real career I have almost 200 employees spread in 4 continents and 17 different locations and a monthly budget that likely eclipses your entire practice's budget since inception.
Impressive! But if you think $ takes precedence over service then your career will be a short one on running a business.
 

Popeer

Freshman
Sep 8, 2003
21,466
81
0
A Govt. with Trump at the head would run it efficiently.
Yes, right into the ground just like his casinos and resorts. Unless he could hire nothing but foreign doctors and nurses.

The fudiciary responsibilty of a CEO is to make money, not anything else.
Exactly, insurance companies are in the business of collecting premiums, not paying for health care. This is why we need to get the profit factor out of health care.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
Business is really pretty simple especially the service industry....provide good service and get paid. provide bad service or no service, and don't get paid or get paid much. There are other variables in success in business besides good service and an attractive price point....convenience being a big one. Top quality service....best convenience....lowest price. A business can never be the best at all 3 of those qualities. Two out of 3 is possible but not all 3. But for someone to say making money takes precedence over service is simple-minded and shows ignorance.

You have to do both. Aetna is making the point that we have aright to make profit, you do not have the right to deny us profit. We can continue in your health ins program but we have to have another revenue stream to offer your plan at a loss.You play ball with us, we play ball with you. Sounds like HRC.
 

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
The answer is what Donald Trump proposes ..........A single payer program.
Is this a joke? Trump hasn't propose this in the past 12 months. Since he flip flops so much, he might have years ago. I don't know.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
Yes, right into the ground just like his casinos and resorts. Unless he could hire nothing but foreign doctors and nurses.


Exactly, insurance companies are in the business of collecting premiums, not paying for health care. This is why we need to get the profit factor out of health care.

Then you will get the VA, some of you on left are just plain stupid. Without profit, there is no motive.
 
Dec 7, 2010
20,602
120
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You have to do both. Aetna is making the point that we have aright to make profit, you do not have the right to deny us profit. We can continue in your health ins program but we have to have another revenue stream to offer your plan at a loss.You play ball with us, we play ball with you. Sounds like HRC.
A some point in the very near future, I hope all health insurance companies see their profits disappear when a single payer system is implemented. They seem to be begging for it. And it will serve them right.
 

Popeer

Freshman
Sep 8, 2003
21,466
81
0
Govt can't run the VA
And this is not new. My grandfather fought in World War I and had a list of health issues. I have a shoe box full of letters between him and what was known then as the Veterans Bureau in the 1920s and 30s trying to get his benefits, as well as letters to his Congressman and Senator asking them to intercede. He finally succeeded sometime just before World War II broke out. He spent the last 30-plus years of his life in the VA facility in Lexington, KY.
 

Popeer

Freshman
Sep 8, 2003
21,466
81
0
Then you will get the VA, some of you on left are just plain stupid. Without profit, there is no motive.
Tell that to the providers and patients in countries that have single payer systems. Not everything is about money, except in America apparently. It's true I'm to the left of you, and I'm friggin' tired of behemoth corporations like Aetna dictating who gets care and what kind because something that would improve the quality of someone's life - or even save it - might cut into their almighty bottom line.
 

bornaneer

All-Conference
Jan 23, 2014
30,907
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113
Don't take this wrong but as long as there is no accountability in govt, nothing will ever be well run in govt. It's impossible to even fire corrupt or criminal people. As long as there's a union involved, you can't run it well.
You are right.......thats why I'm done with business as usual. I see Trump, even with all his warts, as a real agent of change.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
Yes, right into the ground just like his casinos and resorts. Unless he could hire nothing but foreign doctors and nurses.


Exactly, insurance companies are in the business of collecting premiums, not paying for health care. This is why we need to get the profit factor out of health care.

What do you do for a living? Do you have a pension? A lot of pensions are invested in Insurance companies so taking out the "profit" would hurt people's retirement. What if they took profit out of what you do? I'm assuming you don't have a govt job.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
Tell that to the providers and patients in countries that have single payer systems. Not everything is about money, except in America apparently. It's true I'm to the left of you, and I'm friggin' tired of behemoth corporations like Aetna dictating who gets care and what kind because something that would improve the quality of someone's life - or even save it - might cut into their almighty bottom line.

A Honda in the US that costs 22,000 cost 42,000 in Sweden. There's your difference and we defend Sweden. your socialist countries depend on behemoths like the US to protect them from big bad Russia because they can't find a way to take care of themselves because they are too busy sitting on their asses and sipping wine.
 

Airport

All-American
Dec 12, 2001
86,145
6,779
113
You are right.......thats why I'm done with business as usual. I see Trump, even with all his warts, as a real agent of change.
Trump would be better than HRC. In fact, a dried up dog turd is better then Hilliary, probably smells better too.[laughing]
 

bornaneer

All-Conference
Jan 23, 2014
30,907
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Is this a joke? Trump hasn't propose this in the past 12 months. Since he flip flops so much, he might have years ago. I don't know.
He was still proposing it during the Repub debates. I have not seen anything recent that he has changed.
 

rog1187

All-American
May 29, 2001
70,017
5,605
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To provide quality health care at the best cost to all Americans. Thats pretty simple.......I think you can figure it out.
And how would a single-payer do that...how do you measure quality and best cost?
 

bornaneer

All-Conference
Jan 23, 2014
30,907
1,607
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Yes, right into the ground just like his casinos and resorts. Unless he could hire nothing but foreign doctors and nurses..
Since you are an expert of all of Trumps businesses......how many resorts and casinos has Trump run into the ground?
 

bornaneer

All-Conference
Jan 23, 2014
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DvlDog4WVU

All-Conference
Feb 2, 2008
47,165
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Impressive! But if you think $ takes precedence over service then your career will be a short one on running a business.
You can provide the best service in the world but if it isn't profitable or it's unaffordable, you won't be in business. It's a balance but the service portion of the business doesn't matter if you lose money for prolonged periods of time, assuming your AOP can't absorb the losses.
 

mneilmont

Sophomore
Jan 23, 2008
20,883
166
0
Seems like a smart business decision to me. Companies are in business to make money and provide a service. The former takes precedence over the latter, always.
No way. They have committed to provide a service. The profit motive that everyone talks about is purely coincidental. Profit is a plus, but the real reason to get into business is to provide the service to the population.

How may we help you is the objective for this public service.