A Quote by Bernie Sanders

Private insurance companies in America are reaping huge profits. — © Bernie Sanders
Private insurance companies in America are reaping huge profits.
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?
We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.
I support the free enterprise system, and I want companies to make money, but they shouldn't be reaping profits from the deaths of their employees or former employees.
Corporations that are turning over these huge profits can own everything: the media, the universities, the mines, the weapons industry, insurance hospitals, drug companies, non-governmental organisations. They can buy judges, journalists, politicians, publishing houses, television stations, bookshops and even activists. This kind of monopoly, this cross-ownership of businesses, has to stop.
Insurance companies, drug companies are going to have to be ponying up, partly because right now they're receiving huge subsidies.
It took a little over a decade to build a coalition strong enough to beat the insurance companies, but in 1990, then Senator Tom Daschle and I passed a law regulating the private market for supplemental Medicare insurance policies.
Everybody says they want to have private providers and we're saying fine. Let the states negotiate on behalf of a population in your state to drive down your costs. Don't just give subsidies to insurance companies for expensive insurance.
The solid wealth of insurance companies and the success of those who organsie gambling are some indication of the profits to be derived from the efficient use of chance.
There should be no private health insurance companies operating for profit.
I really have aproblem with the fact that insurance companies don't see infertility as a medical condition requiring coverage. I do want there to be some pressure on the insurance companies.
Insurance companies don't necessarily want to invest in your wellnes because you're likely to switch insurance companies within 10 years. They don't benefit from their investment in you.
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
People don't trust private health insurance companies for all the right reasons.
When we see companies who are in complicit relationships with China, for example, making huge profits by providing China with the very software that enables the state to censor its own people, that is not acceptable. We need to engage with such companies to make their responsibilities clear.
All Democrats from Bernie to Biden will eliminate private insurance either outright or as a consequence of the public option crowding out private insurance.
Wake up, America. The insurance companies took over health care. Wake up, America. The pharmaceutical companies took over drug pricing. Wake up, America. The speculators took over Wall Street. Wake up, America. They want to take your Social Security. Wake up, America. Multinational corporations took over our trade policies, factories are closing, good paying jobs lost. Wake up, America. We went into Iraq for oil.
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