Do Health Insurance Companies Really Care About You?
Ms. TITUS. Mr. Speaker, as you know, the people in southern Nevada have been hit hard during these tough economic times, caused largely by unbridled corporate greed and complicitous government action during the 8 years of the Bush administration. We have the highest foreclosure rate in the country, second highest unemployment rate, and we are one of the highest States for rates of uninsured.
People are struggling every day just to keep body and soul together. But do the insurance companies care? No, no, they don't. They continue to raise premiums up 39 percent in some States while making record profits and handing out obscene bonuses. They finance thousands of lobbyists to come to the Hill to argue against meaningful reform, and they brag about the millions that they are spending on television and radio ads that are filled with lies and distortions aimed at confusing and scaring the people, especially seniors.
So I ask the folks in District Three and beyond: Next time you see or hear one of those ads on TV or the radio, ask yourself, are the insurance companies concerned more about you or more about protecting and growing their bottom line?