Making your money off of dead soldiers?

I am not saying that it is wrong to make a profit, someone had to do the work it takes to settle things for the deceased. I am talking about companies that hold onto death benefits and do not release them to the families. That is just so wrong. Even if you are short on money due to the recession, no one should be taking advantage of the people who love and protect our country with their lives. They deserve some kind of respect for the role they play and this kind of blatant disregard for their lives makes me sick. It is fraudulent behavior that I wouldn’t even expect from the Grinch or Mr. Scrooge himself.

Here is an article if you want to read more: http://www.bloomberg.com/news/2010-07-28/fallen-soldiers-families-denied-cash-payout-as-life-insurers-boost-profit.html

Women cost more, so lets charge them more?

Doesn’t that seem like a little bit of backward thinking? It is already a little bit ridiculous that companies can do gender-based price hikes in car insurance. I do not think it should be allowed to discriminate based on statistics. If you are going to provide insurance, you should provide it fairly, to everyone, for everyone. That is the point of this new healthcare bill, is it not? No discrimination. Everyone gets healthcare?
Women should never be a step behind, and this is forcing them to be in my opinion. How can you say that everyone must have healthcare, we will fine you if you don’t, but Johnny’s premium is going to be lower than yours because we assume he will go to the hospital less. We cannot base risk versus need on simply the gender of an individual in my opinion.
There was an article written in the New York times about this sad, sick practice that insurance providers don’t even try to hide.I encourage you to read it, but I warn you, be ready for a heavy onset of depression at how slowly we learn as a country.

If you are looking for life insurance, check out this site: http://www.onedollarglobeinsurance.com/

When has ‘grandfathering in’ ever made anyone happy?

“Under the health reform law signed in March, health insurance plans must meet a variety of new requirements. But plans that existed before the law was signed can be “grandfathered in,” without necessarily having to meet all the new requirements.”
http://www.pbs.org/newshour/rundown/2010/06/republicans-business-lobby-criticize-new-ins…urance-rules.html

–I get that this will make it easier for the companies, but shouldn’t they have to eventually adjust to the new requirements? I think that there should be a longterm goal in mind of having everyone follow these specifications. Without equality how can we expect anyone to change from their current plans when they aren’t bogged down with specific rules? How can this new plan be successful if not following it is the best option. I guess once everyone over thirty now who has a healthcare plan dies, everything will be in effect. So we are only looking at fifty more years on inequality? Sound fair to you?

The Latest on Healthcare reform

Well, it happened. It looks like if you don’t have health care, there will be a fine. So we have no universal health care at this time, but we do have the possibility of a fine for those who don’t have health care? Doesn’t that seem like we took a step backward? These people already don’t have health care. Now we are claiming that they don’t have health care because they can’t afford it so what do we do? Let’s fine them if they don’t have it, that should help the problem.
Yeah right is my opinion. How can someone who can’t afford health care be expected to pay a fine? This just sounds like the government trying to make some money. They know these people cannot get health care, so then they also know money will be coming to them. In the end, its less about the people, more about the money.
Maybe if we weren’t in a recession it would be different. I just don’t see how it could ever be beneficial to make someone have health care or else. There has got to be a better way.
I just read this article, let me know what you think. Update 2
Now as always, for those who cannot afford insurance, surely you can afford this insurance. It is inexpensive and would get you out of a fine if you think you might be the target of a government money scam.

AIG bailed out then sells?

AIG, according to this article I just read, has sold some of its assets away. I may be wrong, but I don’t think that after we have bailed out this company, we should let them sell. Why not give in, declare bankruptcy and let the government sell the rest of the assets? This way, we all get the money, well the government does anyway. Why let the rich get richer? We save their butts so to speak so they can get away with faulty loans and bad payments and still make the big bucks and insure a nice, happy retirement? If we keep bailing people out, what is going to happen to MY retirement? Down the pipes I assume?
I vote that if we are bailing companies out, they have to work with what they have for the good of the people, not sell everything as fast as they can and fade into the distance. Otherwise, why should we keep bailing them out? It is becoming fairly obvious to me that they just spend the money. Anyone else with me?

Insurance company owner admits mail fraud, gets six-year sentence

“Frank Whitbeck, 61, the owner of the failed Signature Life Insurance Co. of Little Rock, Ark., entered a guilty plea to one count of mail fraud and was sentenced to six years in prison. He also was ordered to pay $3.8 million restitution and fined $12,000 He also faces three years’ supervision after completing his prison term. Whitbeck claimed his company had made secured loans, but according to the U.S. attorney’s office, he diverted the money to other business interests and himself.”

I just can’t believe this. All I can say is, welcome to America, home of the prisoners.

Hurricane Ivan Causes Yet One More Scam

A man was convicted for inflating his flood claim from Hurricane Ivan. Now this is bull, as I always say, because he’s trying to inflate his claim while elsewhere people are just struggling to get by. What really get my goat, though, is that it took them four freaking years to convict the guy.

For more on this story, see here.