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Biotech / Medical : HRC HEALTHSOUTH -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (22)	10/26/1999 8:37:00 PM
From: Nutty Buddy	Read Replies (1) \| Respond to of 181

The HMOs had an excellent strategy - unionize the patients. As more insureds signed up because of the lower premiums, the insurance companies gained a great deal of leverage with the care givers. The insurance companies then had control over the costs and services. I remember the early days when managed care was promoted as the low cost carefree alternative. One of the sales pitches was "never get a bill". I'd like to get 10% of ever dollar I have received in bills, you know, the "past due" type. Since my son has Spina Bifida, the HMO is my only affordable option. Like some unions, I think the HMOs overleveraged. Now the snake is turning back around to bite them. When it comes to quality health care or insurance company profits, which do the HMOs really put first? Between Medicare and HMOs we practically have a socialized medical insurance system in place. IMO, it is not an effective system for quality health care. Get the hint, Hilary C.? Bureaucracy is not the answer!