Monday, July 28, 2003

Humana Inc. isn't a liability insurer like Allstate and AIG (see below), but it too is making great profits on the back of Americans, including all taxpayers, who pay government employees' health insurance, and businesses, including sole proprietor's, partnerships and corporations, who pay for their employees' health insurance. Humana reported sharply higher earnings today thanks to double digit premium increases and gains in its commercial businesses. In fact, income was "up 53 percent." Remember, whether you are an employer or an employee, Republican or Democrat, outrageous health insurance premiums effect all of us.

Again, I wonder how it is that lawyers are so often presented as the scourge of the American entrepreneur. INSURANCE REFORM would certainly save American businesses a lot more than tort deform.