Thursday, August 5, 2010

The Mailroom


Things are tough all over.

Well, not everywhere. California, it seems, is a VERY good place to run a health insurance company.

In 2007, when the rest of America was dealing with the rapidly-expanding recession, HMO profits in California rose a whopping 46 percent. Even more surprising, the biggest growth was realized by Blue Shield of California, who almost doubled its profit margin from the previous year.

The funny thing is, California Blue Shield is a not-for-profit company. So why do they continue to raise their rates and their profits to astronomical levels? The only explanation I can think of is that someone at Blue Shield of California didn’t get the memo about the whole not-for-profit thing. If this is the case, maybe the entire health care crisis can be blamed on inefficient mailrooms all across corporate America.

Yeah, that’s the ticket! I shoulda been a Spin Doctor!









***** Found this Interesting, Entertaining or Informative? Please read the complete blog at: *****
http://healthcarehullabalo.blogspot.com/


Free Blog Counter

No comments:

Post a Comment