I come forth with numbers that don't lie! The reason that we are having such a great problem with passing this heath care reform bill because of GOOD OLD AMERICAN GREED! The Trillion Dollar Question? How much money is spend annually on the 250,000,000 insured?
Question? If we have three hundred million US population 300,000,000 and fifty million 50,000,000 are uninsured, what is the dollar amount being spent on a monthly/annual basis for the two hundred fifty million if the 250,000,000 that are insured, pay an average monthly premium of $500.00?
250,000,000
x $500.00
$125,000,000,000.00 Billion dollars Per month
1,500,000,000,000.00 Trillion dollars Per year
Yahoo, Google, - How much money is it? How many zeros are in a trillion? In the US the progression is: Hundred - 100. Thousand - 1000. Million - 1,000,000. Billion - 1,000,000,000.
Trillion - 1,000,000,000,000.
Quadrillion - 1,000,000,000,000,000 ...
Should Blue Cross, Blue Shield, Aetna, Kaiser, and all the other insurance carriers help fund the National Health Insurance Plan? YES!
Here is an excerpt from Physicians for a National Health Program: http://www.pnhp.org/news/2003/april/blue_cross_of_califo.php The funding of Blue Cross' administration is quite high when compared to public programs. 13.8% of the risk pool is much more than Medicare's ~3%. The size of their business equates with 13.8% of the risk pool. (13.8% of the pool), is actually a return of 52.9% on their net administrative revenues (which is 34.4% of their gross revenues, administrative costs and profits combined). No wonder WellPoint is the darling of Wall Street.
We the TAX Payer must create fear of our elected officials to follow through with a National Health Plan or we will impeach them...
_Mr. Jose A. Montes, Sr.
