And we can all sing the blues.
Blue Cross of NEPA has been sitting on a pile of money for the last few years and decided this week to give some of it to help fund the local health care system. While that is commendable the rate payers are up in arms about it and I can't blame them. The whole idea of insurance is to pool the risk and spread it out. Not to have the insurance company decide to give away your premiums to a purpose (although worthy) it wasn't intended. I read a story today that Denise Cesare the CEO of the local Blue who makes more than you and I ever will said if they used the money for rebates it would amount to "only" 200+ dollars per subsciber. I got news for you Lady. Two hundred bucks would be welcomed in most households.
11 minutes ago