Well sure everyone is hurting, but don’t forget the big reserves (money that is not for operating, etc. just sits there for just in case circumstances) these folks all have too, maybe a trillion or better if you added them all up? Also, it has not stopped Blue Cross from having a bunch of money...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Dec 22 2008
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank
Health Insurance companies despite the downturned economy are still showing major profits and as stated below maintaining some pretty large “reserve” funds, money that basically just sits there and collects interest, which is some pretty large dollar amounts and the related reading below will give some...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sat, Nov 15 2008
Filed under:
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank