Comments on: U.S. Senate Blocks Medicare Fix

By: Sensenbrenner favors 19% of seniors, trashes other 81%! « Moneyed Politicians

Thu, 10 Jul 2008 23:22:33 +0000

[...] Congressman Jim Sensenbrenner was spinning his vote for the insurance industry, or he truly doesn’t get [...]

By: MoneyedPoliticians

MoneyedPoliticians — Tue, 08 Jul 2008 02:05:17 +0000

Thanks, Insurance guy.

When you get old and have nothing else to do, it’s easy to have passion

Actually, the 31% is not my number, but comes from Harvard and is confirmed by several other prominent folks. It includes the entire insurance bureaucracy, including the extra hospital and clinic billing clerks and administration needed to deal with the system. In some cases it may be high, but I doubt by much. Check the Resources page above or HERE.

Yeah, there’s a lot of ways it could be changed to be more efficient, but I’ve learned over the years that the simplest is the most efficient. The real crux of the problem, however, are the politicians that are so easily bought and sold. Get the political money out of the equation and they’ll fix this thing overnight.

By: Insuranceguy

Insuranceguy — Tue, 08 Jul 2008 01:13:50 +0000

My Lohman I have read several of your articles and postings over the years. I love your passion, but is not totally on track. The 31% is not accurate for insurnace admin no matter how you measure it. There are scores of regional insurers that run extremely lean and are very efficient. I’ve studied them in-depth both internally and externally. There are a few that are bloated, but my 15 years of experience working in several capacities within insurance companies and on the other side as a scrutinizing broker for my clients, I have found most to be very efficient. The bottom line is we need reform. The question is what is the best way to increase access and make it affordable. I beleive it needs to go the other way with deregulation and when educated most folks believe the same. We all want the same goal – just have different paths. Thanks for your passion – life is too short not to have what you have……….Insurance guy.

By: MoneyedPoliticians

MoneyedPoliticians — Wed, 02 Jul 2008 14:28:45 +0000

Thanks, John. As you well know, no matter what your issue, follow the money and you'll reach a politician at the other end. Turns out, though, while it is mostly, it is not only the Republicans. WDC provides the best guidance. Those in the right three right columns must be unelected. Term limited, if you will.

By: John

John — Wed, 02 Jul 2008 04:24:54 +0000

It truly defies logic. Why people continue to buy into the Republicans backward ideology, I will never know. I will do all I can to get the word out. You have layed out the issue well in this article.