I don't know whether this belongs to "Finance" or to "Politics" (if it belongs to the latter, please move it there) - but I wanted to share this with you:
Maybe you heard about Michael Moore's "Sicko" already, which deals with the American Health Insurance and how the sick are dumped in the States.
But this article here is the REAL thing, because it's an official testimony of an insider:
(Source: <Link>)Testimony of Wendell Porter
July 10, 2009
You can also view the testimony online.
Testimony of Wendell Potter, Philadelphia, PA Before the U.S. Senate Committee on Commerce, Science and Transportation
June 24, 2009
Mr. Chairman, thank you for the opportunity to be here this afternoon. My name is Wendell Potter and for 20 years, I worked as a senior executive at health insurance companies, and I saw how they confuse their customers and dump the sick — all so they can satisfy their Wall Street investors.
I know from personal experience that members of Congress and the public have good reason to question the honesty and trustworthiness of the insurance industry. Insurers make promises they have no intention of keeping, they flout regulations designed to protect consumers, and they make it nearly impossible to understand — or even to obtain — information we need. [...]