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View Diary: Ask President Obama to Answer a Simple Question on Medicare (25 comments)

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  •  It's not really non profit (0+ / 0-)

    When the money goes to for profit companies.  It amounts to a guaranteed government subsidy for those supposedly private companies.  Once again our government has found a way to privatize profits, while socializing losses.
    Not that it won't do a lot of good for some people.  But we could have got a lot more good for a lot more people.  The ACA always was half a sandwich.

    •  No, it's non profit. (2+ / 0-)
      Recommended by:
      MKSinSA, skohayes

      Under the Affordable Care Act, at least one of the nationwide plans must be offered by a nonprofit entity. Insurance experts see an obvious candidate for that role: the Government Employees Health Association, a nonprofit group that covers more than 900,000 federal employees, retirees and dependents, making it the second-largest plan for federal workers, after the Blue Cross and Blue Shield program.

      http://www.nytimes.com/...

      "Michael Moore, who was filming a movie about corporate welfare called 'Capitalism: A Love Story,' sought and received incentives."

      by Bush Bites on Sun Mar 17, 2013 at 06:50:57 PM PDT

      [ Parent ]

      •  Non-profit doesn't mean fair (0+ / 0-)

        My state has three non-profit health insurers.  Each charges their insured very high rates, spends members money on advertising, and pays their CEOs over a million dollars a year.  One major non-profit hospital pays their CEO $3 million a year.

        Non-profit doesn't mean fair OR low cost.

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