Profits of the five biggest health insurers totaled an astronomical figure of $12.2 billion in 2009, an increase of 56 percent from 2008, reports Potter from his position as a Fellow with Center for Media and Democracy.
|Photo by Shannon Kringen|
Potter’s Senate testimony in 2009 revealed how health insurance companies make promises that they do not plan to keep. They actually show contempt for regulations that are in place to protect consumers. And they cease doing business with small companies whose medical claims surpass underwriter expectancy. To overcome all these obstacles, the insurance companies employ high paid PR executives—like Potter was with CIGNA—to do the dirty work of lobbying.
Michael Moore’s film, Sicko, helped him to decide to leave CIGNA and launch his current attack to expose the health insurance business for what it is. A greed laden industry obsessed with profits over providing the services they tout in misleading advertising and promotion. Potter says he needs to apologize to Moore for the role he played in the insurance industry’s attack campaign on Sicko.
It should be obvious to all that conservatives agree with this avarice and by attempting to scuttle President Obama’s Health Care Reform, plan to continue their support.
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