Insurance companies benefit from Advantage plans, not patients - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
January 19, 2023 Newswires
Share
Share
Post
Email

Insurance companies benefit from Advantage plans, not patients

Daily Herald, The (Everett, WA)

Regarding The Herald's coverage of the disagreement between Everett Clinic and Regence's Medicare Advantage plans, whenever the profit motive enters the equation, the patient is always the one that suffers ("In Medicare Advantage stalemate, Everett Clinic patients left in limbo," The Herald, Jan. 10).

For-profit corporations exist for one reason: to make as much profit as possible. There are two ways to do this: (1) Charge as much as you can for the product and/or service you provide; (2) pay as little as possible for the labor and products that go into the product/service you provide.

Medicare Advantage is all about delaying and denying health care coverage to its policyholders. Shame on them.

Jim Cronin

Mukilteo

Older

Aran Buchan Joins Alliant Insurance Services in Seattle

Newer

$120 billion in insurance losses in 2022

Advisor News

  • How advisors can prepare clients for an uncertain retirement landscape
  • Investors aren’t waiting out uncertainty
  • Transamerica and Advo(k)ate Advisors launch pooled employer plan
  • ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
  • Why women must be more engaged in investing
More Advisor News

Annuity News

  • Immediate Care Plan: A new solution for funding LTC
  • Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
  • LIMRA: Annuity sales set new quarterly record with $123.9B in Q2
  • CANNEX names Gary Baker as its new CEO
  • Corebridge adds options to its Power Series of indexed annuities
More Annuity News

Health/Employee Benefits News

  • WHAT COULD MEDICAID WORK REQUIREMENTS MEAN FOR SSI APPLICANTS?
  • LOMBARDO FOLLOWS TRUMP IN ENDORSING FLIPPO, WHO SAID "ONE BIG BEAUTIFUL BILL" REALLY HELPED AMERICA
  • ATTORNEY GENERAL BONTA ISSUES RENEWED CONSUMER ALERT REMINDING CALIFORNIANS OF MISLEADING CLAIMS MADE BY MANY HEALTH CARE SHARING MINISTRY PLANS
  • ‘It scares me.’ Mount Nittany union workers’ health insurance revoked during strike
  • Coalition Calls For 'Healthcare Cost Freeze' In PA As Insurers Request Rate Increases
More Health/Employee Benefits News

Life Insurance News

  • Lincoln Financial Announces Reinsurance Transaction with Talcott
  • Paperclip Partners with National Life Group to expand Secure Data Exchange and Carrier Network for Distribution
  • Trademark Application for “DIGITAL ADVISOR SUCCESS HUB” Filed by Jackson National Life Insurance Company: Jackson National Life Insurance Company
  • AM Best Revises Issuer Credit Rating Outlook to Stable for Members of Tennessee Farmers Insurance Companies
  • Unum Group Reports Second Quarter 2026 Results
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet