What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders?

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I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care.

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Do you know what the overhead is of the Medicare system? One-point-zero-five percent. Do you know what - private insurance is 30 percent in overhead and profits? Given a choice how I'm going to improve health care, I'm going to take it away from private insurance profits and overhead. Wouldn't you?

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Today we have a health insurance industry where the first and foremost goal is to maximize profits for shareholders and CEOs, not to cover patients who have fallen ill or to compensate doctors and hospitals for their services. It is an industry that is increasingly concentrated and where Americans are paying more to receive less.

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A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.

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A lot of people love Oreos. So their manufacturer is making money. That means more dividends for shareholders.

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Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it.

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Traditionally, Medicare's assurance has been that for the elderly and persons with disabilities that they will not be alone when confronted with the full burden of their health care costs.

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The result was, of course, that today, tragically, more than 40 million Americans don't have health insurance, and for many, not having health insurance means they don't have access to good health care.

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The majority of Americans receive health insurance coverage through their employers, but with rising health care costs, many small businesses can no longer afford to provide coverage for their employees.

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In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.

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Barack Obama

It was the labor movement that helped secure so much of what we take for granted today. The 40-hour work week, the minimum wage, family leave, health insurance, Social Security, Medicare, retirement plans. The cornerstones of the middle-class security all bear the union label.

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Soaring prescription drug costs have placed a tremendous strain on family budgets. They have also imposed a heavy burden on employers - both public and private - who are struggling to provide affordable health insurance coverage to their workers.

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Is Medicare socialism? You want to get rid of Medicare. And a lot of the people against health care do. I want to preserve it and grow it.

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Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.

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Chris Martin

I think shareholders are the great evil of this modern world.

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Far too many executives have become more concerned with the ""four P's"" - pay, perks, power and prestige - rather than making profits for shareholders.

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Everyone should have health insurance? I say everyone should have health care. I'm not selling insurance.

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If we do nothing, as the Republicans suggest, we're going to see health care costs reach a point where small businesses can't afford it and families can't afford it. We're going to see people turned down from pre-existing conditions. We're going to find the Medicare doughnut hole - a gap in coverage that's going to hurt a lot of seniors.

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Today, all patients accepted for treatment at St. Jude's are treated without regard for the family's ability to pay. Everything beyond what is covered by insurance is taken care of, and for those without insurance, all of the medical costs are absorbed by the hospital.

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How To Avoid Hospital Scams?

with no time to waste
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treatment delays painful...
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to Singaporean hospitals...

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