Maine Writer

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Thursday, September 28, 2017

Anthem decision - where is social responsibility?

It's impossible for me to believe that the Anthem health insurance company is too hard up for cash to continue providing coverage to beneficiaries, who are enrolled in the Affordable Care Act exchanges.
www.healthcarefinancenews.com/.../anthem-fourth-quarter-profits-jump-nearly-190-mil...


Anthem 4th quarter profits jump nearly $190 million over 2015

Medical enrollment increased by about 1.3 million members in 2016, or 3.4 percent, totaling about 39.9 million members.

Anthem mission statement: "dedicated to delivering better care to our members, providing greater value to our customers and helping improve the health of our communities."

It's a cruel statement about Anthem's social responsibility to pull out of the Affordable Care Act's insurance exchanges. 

Frankly, it's not coincidental to recognize where the Anthem headquarter office is located, in Indianapolis, Indiana. It's the home state of Mike Pence, who was the state's previous governor and now the Vice President, serving under Donald Trump.  

Anthem's unethical decision to leave thousands of people uninsured without a viable reason for doing so, is likely rooted in political cronyism.  Mike Pence and his Koch Brothers libertarian colleagues likely had influence on this selfish Anthem decision.

Clearly, the Anthem decision isn't about money or bottom line financials. Although the Anthem "pull out" excuse is the anticipation of an unstable health insurance market, the unethical decision is not justified given the company's lucrative fiscal positioning. It is estimated that 26,000 Maine beneficiaries will lose coverage because of Anthem's selfish decision.

There must be a way for Congress to prevent Anthem's wrong minded decision.  Obviously, the Koch Brothers have the Republicans under their "oligarchy" thumbs. Their intention is to completely dismantle all social safety net programs, like health insurance subsidies and other humanitarian policies.

In other words, people who need health insurance just don't matter anymore. Even Anthem's lucrative financials and increasing enrollments have no impact on the company's social responsibility.
Shame on Anthem!

I'm calling on public policy experts and insurance regulators to stop Anthem's cruel and unnecessary decision. It's the company's social responsibility to support participation in the Affordable Care Act's health coverage. 

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