Frist's company profiteering on medical malpractice insurance?
See this post at Daily Kos:
Healthcare Indemnity, Inc. (HCI), an affiliate of HCA corporation, increased its premiums by $173 million, or 88%, while its claims payments fell by $74 million, or 32%. As a result, in 2004 it paid out only 43 cents in claims for each premium dollar it collected.
That's Frist's family's company! The same one that was fined by the federal government for ripping off Medicare. Should Frist recuse himself from the Republican medical malpractice bill that would directly, financially benefit HCI's med mal insurance division?
Healthcare Indemnity, Inc. (HCI), an affiliate of HCA corporation, increased its premiums by $173 million, or 88%, while its claims payments fell by $74 million, or 32%. As a result, in 2004 it paid out only 43 cents in claims for each premium dollar it collected.
That's Frist's family's company! The same one that was fined by the federal government for ripping off Medicare. Should Frist recuse himself from the Republican medical malpractice bill that would directly, financially benefit HCI's med mal insurance division?
posted by bda at 3:58 PM
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