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Ralph Klein has gone and it is time to retire Ralph's World. Thanks to all of you who have supported this venture by contributing material and through your comments. It has been fun.
Should we get another blog underway? Let me know your thoughts by e-mailing me at johnnyslow@gmail.com.
John Slow
January 1, 2007
Tuesday, May 18, 2004
Health care costs will rise for average Albertan
If Alberta’s Health Minister Gary Mar has his way, the cost of health care will rise dramatically for many Albertans who will feel compelled to pay for supplementary private health care insurance.
Since the bottom line for private health care insurance corporations is profit, only part of the money spent on private health care insurance premiums will be spent for health care. The rest will cover advertising and administration costs of each individual company as well as returns to its investors. That is the reason why Romanow argued that a public health care system is more economical than a private one.
I’ve no doubt that CEO’s, Directors, and investors of private health care insurance corporations are applauding Mar’s remarks, and salivating over the prospects of the Klein government opening the door to a lucrative market.
William Dascavich - Vegreville Alberta
Since the bottom line for private health care insurance corporations is profit, only part of the money spent on private health care insurance premiums will be spent for health care. The rest will cover advertising and administration costs of each individual company as well as returns to its investors. That is the reason why Romanow argued that a public health care system is more economical than a private one.
I’ve no doubt that CEO’s, Directors, and investors of private health care insurance corporations are applauding Mar’s remarks, and salivating over the prospects of the Klein government opening the door to a lucrative market.
William Dascavich - Vegreville Alberta
