Dienstag, 7. September 2010
Up to $10 billion in fines from PacificCare for corporate greed.
trickymaster, 23:55h
In court filings and other documents, the California Department of Insurance says PacifiCare violated state law nearly 1 million times from 2006 to 2008 after it was purchased by UnitedHealth Group Inc., the nation's largest health insurance company by revenue."
Source: http://www.latimes.com/business/la-fi-pacificare-unitedhealth-20100908,0,6380098.story
This is the perfect proof to show that a privatized health insurance system is far from working smoother or more efficient than government health care. In fact, I have never heard of such a thing in a coutnry with a government-run unviersal health care system. I just hope that the California government will demand the whole fine.