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To answer that question, let’s look at how these insurance companies spend their money. First, they spend huge sums on lavish CEO salaries and bonuses—this is no secret. They also spend huge sums on corporate jets and exotic vacations for their executives. Next, they are required to pay dividends to shareholders. Finally, they spend millions on advertising and lobbying. Every day we see insurance ads on TV, in magazines and newspapers, and on billboards. These ads cost a lot of money. It is also no secret that the insurance lobby is one of the most powerful in Washington, Sacramento, and every state capital across the nation. Thousands of highly-paid lobbyists wine and dine politicians, and many millions are spent on campaign contributions to politicians across the country. How can they pay for all this? By denying people like us the care and treatments we need and deserve. This is a moral outrage, and this is what is wrong with the health care system in our country.
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