raving lunacy - oxymorons for the 21st century

Health Net is back in the news, this time here in Arizona.
From Laurie Roberts comes this
Here are some of the juicy bits:

Not only did Health Net of Arizona cancel Iorio’s insurance, court records indicate it took back every cent it had already paid her doctors.

And suing Health Net “What they’re doing,” said her attorney, John Doyle, “is using the rescission process as a profit making center.”

Rieger says it’s not about profit but about exposing fraud to save their nearly 200,000 Arizona policy holders money. “Our job,” she said, “is to root out health care fraud so we can continue to keep our heath care affordable.”

No doubt it keeps their execs comfortable as well. According to the Securities and Exchange Commission, Health Net’s president and CEO, Jay Gellert, scooped up $5.23 million in salary and stock options the year Iorio was kicked to the curb. Last year, the company made $200 million in profits and this year, executives will see double their normal bonuses if they hit revenue projections, according to SEC records.

Source: azcentral.com blogs | LaurieRoberts

Fraud? If there is any talk about fraud, it should be toward the health insurance companies.
The concept starts simple: Pay premiums, get sick and the insurance company pays the bills, spreading the risk among all the insured.
The reality is Pay Premiums, Get sick, Get Fucked!

Health Care can be made Universal. It can also be made painless. But not in the hands of for profit companies.