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Beto O’Rourke, who also supports maintaining a private insurance system, outlined his own universal health care plan, based on a “Medicare for America” bill in Congress.
The single-payer talk set off other discussions about the role of health insurance and the cost of care. Warren: “The insurance companies last year alone sucked billion in profits out of the health care system. And that doesn’t count the money that was paid to executives, the money that was spent lobbying Washington.” We contacted Warren’s campaign, who directed us to a report from the National Association of Insurance Commissioners, a nonpartisan group of industry regulators. The report says that in 2018, health insurers posted .4 billion in net earnings, or profits, compared with .1 billion a year prior.
He’s a prolific author with over 900 articles and 10 books covering all areas of talent management.
He has written over a dozen white papers, conducted over 50 webinars, dozens of workshops, and he has been featured in over 35 videos.
1 reasons is the cost of health care, medical bills. We’ve rated similar statements Half True — partially accurate but lacking important context.
And that’s not just for people who don’t have insurance. A 2005 study Warren co-authored and a 2009 paper both found that health care expenses were a leading cause of personal bankruptcy.
His ideas have appeared in every major business source including the Wall Street Journal, Fortune, Business Week, Fast Company, CFO, Inc., NY Times, Smart Money, USA Today, HBR, and the Financial Times. He has been interviewed on CNN and the CBS and ABC nightly news, NPR, as well many local TV and radio outlets.But these claims have come under dispute, in particular from academics who suggest that people may overstate the role medical bills play in their financial problems.Other research suggests a far narrower impact, though that, in turn, has been criticized for focusing only on adult hospitalizations.He served as the Chief Talent Officer of Agilent Technologies, the HP spinoff with 43,000 employees, and he was the CEO of the Business Development Center, a minority business consulting firm in Bakersfield, California.He is currently a Professor of Management at San Francisco State (1982 – present).