Tuesday, June 03, 2008

Sustainable? Doubtful

I filled up my tank today. $60 and still, my tank wasn't as filled as it could've been.

Anthem Blue Cross took over Blue Cross of California and immediately, prices jumped as high as 30% more. They weren't the only ones whose fees went up that high. It looks like Healthnet jumped up that high as well. Others were more moderate... only 11-15%.


Rents are going up, due to the high demand because of foreclosures.

Yet, salaries remained the same or is lower.

Put this scenario into ANY city-building game or any strategy type game and you will see the economy grind to a halt.

I hate working in insurance and knowing that by helping the system sustain itself, I am contributing to the woes of thousands. My boss says, you can't fix the system so just take the money because it's there anyway (broker fees are included in ALL healthcare fees regardless of whether you use a broker or not. Weird, huh? Hence the addage "50% of your fees go towards administrative costs"). I'm taking the money. I'm working to ease people's burdens of having to deal with this broken system. Still, the broken system irks me to no end.

Wish I was working in an industry where I'm proud to say I'm a member of that community.



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