Private Insurance Quotes & Sayings

Private insurance companies in America are reaping huge profits. — Bernie Sanders

This is something the Democrats have talked about, and a goal we share, getting everyone insured, and solving the issue in a Republican way, which is applying a personal responsibility principle (individual mandate), reforming the market (more strictly regulating the insurance companies), and allowing people to buy private health care insurance that they can take with them from job to job that's entirely affordable. So it's a Republican way of solving a problem that we face as a nation. — Mitt Romney

Obamacare is a private mandate that will drive billions to the insurance industry, much like the auto insurance mandate. Hardly socialism. In fact, it was a Republican plan to begin with. — Adam McKay

After all, it wasn't science that had transformed the world, but the marriage of technology and capitalism. The ignorant might blame science for the ills and evils of the modern era, but that was a case of mistaken identity - no research scientist had ever polluted a water table with a PCB, or performed a third-trimester abortion, or denied someone insurance based on a genetic screening, or turned the Internet into a covert way of peering into private lives. Real scientists were invisible outside their own circle of peers. Even Nobel Prize recipients barely registered on the public consciousness, as Brohier well knew. A Heisman Trophy or an Oscar counted for far more - there was no market for Heroes of Science trading cards. Status was still measured in arcane units: bylines, citations, appointments, grants. — Arthur C. Clarke

It has become clear that the function of a private health insurance is to make as much money as possible. Every dollar not paid out in claims is another dollar made in profits for the company. — Bernie Sanders

Do you know what the overhead is of the Medicare system? One-point-zero-five percent. Do you know what - private insurance is 30 percent in overhead and profits? Given a choice how I'm going to improve health care, I'm going to take it away from private insurance profits and overhead. Wouldn't you? — Anthony Weiner

People don't trust private health insurance companies for all the right reasons. — Bernie Sanders

If we were to expand Medicaid, for every uninsured person we would cover, we'd kick more than one person out of private insurance or remove their opportunity to get private insurance. We're going to have too many people in the cart rather than pulling the cart. — Bobby Jindal

The availability of private insurance provides tremendous insulation for millions of individuals. — Lawrence Summers

The number of those 19 to 25 with private insurance increased from 51 to 55.8 percent, and the percentage of uninsured fell from 33.9 percent in 2010 to 28.8 percent during the first half of 2011. — Michelle Singletary

Unbeknownst to most American investors, significant portions of their public pension, mutual fund, life insurance and private portfolios are comprised of stocks of privately held companies that partner with state sponsors of terror. — Frank Gaffney

Insurance companies, whether private or government owned, must be compelled to pay for health-promoting measures. In turn, this will encourage physicians to offer such treatments in earnest. — Andrew Weil

Obamacare is a program designed to shift control of the health care industry from the private sector to the public sector, from doctors, hospitals, and insurance companies to the federal government. The program was sold by Obama feigning outrage over insurance companies refusing to grant insurance to people with "preexisting conditions." But this is the same as an insurance company not granting fire insurance to a guy whose house has already burned down. The whole point of insurance is to share the risk before the catastrophe occurs, not to have a catastrophe and then get other people to pay for your losses. — Dinesh D'Souza

In the case of the Irish banks, the private bonds that they had purchased were uninsured. In the case of Greek state bonds, their buyers also knew that these were Greek law contracts, meaning that they could be given a haircut (written down) by a future stressed Greek government. This is precisely why the interest rates were higher than in Germany. Higher risk, higher rewards. As long as the gamble was paying off, the German bankers reaped benefits that they shared with no one. But when the gambles turned bad, as Irish banks and the Greek state failed, they demanded that the taxpayers of Greece and Ireland pay up, as if they had bought insurance from them. — Yanis Varoufakis

This program could destroy private initiative for our aged to protect themselves with insurance against the cost of illness ... Presently, over 60 percent of our older citizens purchase hospital and medical insurance without Government assistance. This private effort would cease if Government benefits were given to all our older citizens. — Milward L. Simpson

Soaring prescription drug costs have placed a tremendous strain on family budgets. They have also imposed a heavy burden on employers - both public and private - who are struggling to provide affordable health insurance coverage to their workers. — Susan Collins

Why is it that private insurance companies are not in trouble because people are getting older? Aren't they subject to the same demographics? The difference is that they've accumulated a fund, not a pay-in, pay-out system. — Milton Friedman

Ninety-eight percent of women in childbearing age who are Catholic use contraception. Ok, so in practice the church has not enforced this and now they want the federal government and private insurance to enforce it. It just isn't consistent to me. — Nancy Pelosi

The Superfund legislation set up a system of insurance premiums collected from the chemical industry to clean up toxic wastes. This new program may prove to be as far-reaching and important as any accomplishment of my administration. The reduction of the threat to America's health and safety from thousands of toxic-waste sites will continue to be an urgent but bitterly fought issue-another example for the conflict between the public welfare and the profits of a few private despoilers of our nation's environment. — Jimmy Carter

What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders? — Anthony Weiner

Thanks to health reform, women across the country with private insurance can get birth control without paying out of pocket. This lets women make the health care decisions that are right for them and puts every one of us in charge of our own reproductive health. — Ann McLane Kuster

If you're 54 or 55, you might want to listen because this will affect you. The idea, which was originally presented by Congressman Ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. — Barack Obama

The system is not intended as a substitute for private savings, pension plans, and insurance protection. It is, rather, intended as the foundation upon which these other forms of protection can be soundly built. Thus, the individual's own work, his planning and his thrift will bring him a higher standard of living upon his retirement, or his family a higher standard of living in the event of his death, than would otherwise be the case. Hence the system both encourages thrift and self-reliance, and helps to prevent destitution in our national life. — Dwight D. Eisenhower

Nathanael hadn't delivered any specific message; the angel's parting words, which had boomed out across the entire visitation site, were the typical Behold the power of the Lord. Of the eight casualties that day, three souls were accepted into Heaven and five were not, a closer ratio than the average for deaths by all causes. Sixty-two people received medical treatment for injuries ranging from slight concussions to ruptured eardrums to burns requiring skin grafts. Total property damage was estimated at $8.1 million, all of it excluded by private insurance companies due to the cause. Scores of people became devout worshipers in the wake of the visitation, either out of gratitude or terror. Alas, — Ted Chiang

Yes, Democrats can prove that America pays more for health care than other countries; yes, they have won the dispute that private health insurance is needlessly expensive. But what they've lost is the argument that we are a society. — Thomas Frank

Everybody says they want to have private providers and we're saying fine. Let the states negotiate on behalf of a population in your state to drive down your costs. Don't just give subsidies to insurance companies for expensive insurance. — Maria Cantwell

Fraud in the insurance industry is calculated to be $100 billion to $300 billion a year, a cost that gets passed directly to consumers in the form of higher premiums. All told, combined public- and private-sector fraud costs every household in the United States probably around $5,000 a year - or roughly the equivalent of working four months at a minimum-wage job. A hunter-gatherer community that lost four months' worth of food would face a serious threat to its survival, and its retribution against the people who caused that hardship would be immediate and probably very violent. Westerners — Sebastian Junger

Just as members of American teachers unions often send their own children to private schools, so unionized workers at government-run hospitals in Britain have insurance that allows them to go to private hospitals. In both cases, those on the inside realize how bad these institutions are, regardless of what they say to those on the outside. — Thomas Sowell

Thanks to the Patient Protection and Affordable Care Act, preventive care services, including contraception, will be covered by private insurance plans without co-pays or deductibles. — Sandra Fluke

There should be no private health insurance companies operating for profit. — Michael Moore

Private ownerships of a ... slave chip is illegal in many polities. It tends to be a government monopoly, much like other forms of violence. But I had fallen among pirates and life insurance underwriters. — Charles Stross

What I'd like to see is a private [healthcare] system without the artificial lines around every state. I have a big company with thousands and thousands of employees. And if I'm negotiating in New York or in New Jersey or in California, I have like one bidder. Nobody can bid.Because the insurance companies are making a fortune because they have control of the politicians. — Donald Trump

As you know we are facing the end of the Western Civilization by having a market based strategy, we are bringing Western Civilization to its knees by selling private insurance plans on a website where people pick and choose. — Kathleen Sebelius

It took a little over a decade to build a coalition strong enough to beat the insurance companies, but in 1990, then Senator Tom Daschle and I passed a law regulating the private market for supplemental Medicare insurance policies. — Ron Wyden

Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy. — John Conyers

This legislation provides Medicaid eligibility to evacuees and residents in (Federal Emergency Management Agency) designated disaster counties, .. It also helps pay private health insurance premiums for those at risk for losing their coverage. — Thad Cochran

Obamacare is socialism? Nope - as insurance companies vie to sell new policies, competition within private industry is growing rapidly, with the number of participating insurers growing by 26 percent between 2014 and 2015, and the number of products they offer growing by 66 percent. — Kurt Eichenwald

But beyond the hysteria of phantom death panels, where is the abomination? Show me the provisions that will hurt consumers, because if you think a $110 billion a year tax break for working-class Americans to buy private health insurance is a government takeover, I welcome the debate. — Jim McDermott

You can look at that by comparing Medicare's growth rates to the private insurance world, to the other Federal programs that we run, by looking at the billions of dollars, not millions but billions of dollars, we waste every year. — Bobby Jindal