Tilted Forum Project Discussion Community - View Single Post - Health insurance companies, what is the truth.

flstf · 09-10-2009, 09:55 AM

I'm not sure where Cigna would cut costs to compete with a not-for-profit alternative but the board must be pleased with the current management and existing profit margin. The CEO made $30.16 million last year and $120.51 million over the last 5 years.

I continue to believe that cutting insurance costs helps but is not the primary problem as long as the out of control health care provider costs which they insure continue to rise faster than people's incomes.

#53 H Edward Hanway - Forbes.com

09-10-2009, 09:55 AM	#3 (permalink)
flstf Easy Rider Location: Moscow on the Ohio	I'm not sure where Cigna would cut costs to compete with a not-for-profit alternative but the board must be pleased with the current management and existing profit margin. The CEO made $30.16 million last year and $120.51 million over the last 5 years. I continue to believe that cutting insurance costs helps but is not the primary problem as long as the out of control health care provider costs which they insure continue to rise faster than people's incomes. #53 H Edward Hanway - Forbes.com