You are absolutely correct the global derivatives market has a $600 trillion notional value, 12 times the size of the global economy. Only a small sliver of that money is actual hard dollars changing hands. This number would be a complete nonsense number, except that these derivatives are so dangerous. (The US derivatives market is a $250 trillion dollar market notional value.)
For more on this see [http://www.newsweek.com/2008/10/17/600-000-000-000-000.html Newsweek].
I think you are right to say that the health insurance sector has made short-term gains its priority rather than the health and well-being of its customers. As noted this mirrors the actions of the finance industry where we have seen over enthusiasm for personal gain lead to the ruination of many lives across the nation.
We need to be careful that a similar focus in the medical world does not lead to a similar adverse impact - the nations health.
In this respect the HCA mission,to protect consumers — and have the authority and accountability to make sure that consumer-protection regulations are written fairly and enforced vigorous, is essential. I hope that someone is monitoring their performance. The words read great but need to be mirrored by action.
One of the more obvious examples is "Restless Leg Syndrome". Had anyone ever heard of such a thing before there was a cure to sell?
Fantastic! The worlds only superpower and this kind of **** goes on!
The only thing I don't like is the billboard being only seen by Americans around Grand Junction, CO. Maybe if we got some media PR...
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