HMOs Profiting at Society’s Expense
- Share via
I can’t stand the fact that health plans talk about profit, while one in four non-elderly Californians remain uninsured. Reading “Profit for Kaiser Triples After Premiums Increase” [May 2] sent chills down my spine. Every year, HMO executives rake in millions in salary, bonuses, stock options and other compensation, which collectively could insure thousands of people under their own plans.
Is it in society’s interest to increase profits on the backs of hard-working people who cannot afford health insurance? Sick kids can’t learn, and sick employees aren’t productive.
JENNY WANG
Berkeley
*
Business welcomes your letters. Write to: Letters to the Business Editor, Los Angeles Times, Times Mirror Square, Los Angeles, CA 90053. Submit e-mail letters to [email protected]. Please keep letters brief; they are subject to editing and must contain your address and phone number.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.