cletus, You obviously don’t understand! The article said the Hospital had to lay off the workers because Insurance did not pay more. Nowhere did I see mention of the Hospital being responsible for Underinsurance. I am certain it is the Big, Bad Greedy Insurance Company’s fault, with the complicity of President Bush! But, that will be only bad history come January…
My understanding is that the $100 million is what they were able to buy in the market. Even if more coverage was available, could they possibly afford it? The real question is why would you build such a large facility on a barrier island?
This article was gleened from the AP. Why wasn’t the question asked, “Why were you underinsured?” Who was the Executive or Regent that made the business decision to underinsure the complex? Maybe he should be given a bonus for his bad decision, much like the Financial executives.
It is time that these MBAers get a real life and start living in the here and now. They need to stop looking at how much money will we be made in the next quarter and look at how much will be made in the next 10 years.
There is coverage available for the loss of Income and loss of tuition that will be lost. It is called Business Interruption and it is part of a good commercial package.
This institution took a gamble and lost. It is a shame the ones who need the job will lose theirs and the ones responsible for the bad judgement will continue to sit in the corner office and make more poor decisions.
Yes, it was there for historical reasons (it may be the oldest med school W. of the Mississippi)and because the community it serves grew tremendously. And there are important associated hosptials like the Shriner’s Burn Hospital for kids.
Yes, the market could not provide more insurance. They made the best RM decisions they could.
The real reason that it is being abandoned in this way is that it serves so many of the poor and uninsured and the regents don’t want to pay for it and Texas government, damaged and benighted by Rove-Bush-Perry-Perry won’t step up to its responsibilities.
They want cheap immigrant labor to build houses for, among others, Bob Perry, owner of the homebuilder Perry Homes and the biggest donor to the Swift Boat campaign–but that’s just a coincidence, right? (Governor Perry is not a relative). But they want to dump the medical expense for the uninsured illegals on the individual counties concerned where property taxes will pick up the tab through hospital district taxes.
So, the equation is: Bush get re-elected, Gov. Perry takes over for him, homebuilder Perry gets his cheap labor to increase his profits and small businesses (real ones, not Phony the Plumber)and homeowners pick up the tab through hospital district taxes. What could be fairer?
The regents of the UT system (all Bush and Perry appointees) were just moving the system out of the way so the blow would not fall on the UT system, already suffering a massive loss of prestige and effectiveness due to, guess what, tax cutting followed by massive tuition hikes, placing college out of reach for so many. How’s that for spreading the wealth around?
FEMA is of course still planning the program to initiate the process of standing by to stand by to initiate the initiative to begin the study of the proper construction of the assessment of the exact programs needed to help beginning the planning to initiate…etc. A very careful, low profile, professional way of providing no help, just like in Katrina, but no one seems to notice.
The powers that be, with the housing boom gone, want those poor people and illegals gone and this is one way to give them another swift kick in the rear so that part of Texas can become the Real Texas again. Then the island can be properly redveloped for rich people’s second McMansions–all insurable through the Texas windstorm pool.
In sum, more destruction of government services, more untreated sick people who will be more expensive to treat later and a steady redistribution of wealth UPWARDS to people like homebuilder Perry and the Bush Family. How’s that for class warfare?
Wake up and smell the trickle down–it was just sewage from the Reagan commode after all.
Have a good weekend and contemplate your last several votes. Gangs of criminals continue to roam the nation taking over governments and corporations wherever there is weakness and ignorance. At least Milton Friedman and his ideas are now dead–exposed as academic fantasies useful to the rich and powerful–oops, I mean standard business school curriculum.
You can’t make this stuff up. And in the meantime, 3,800 hard-working Texans tossed into the street at holiday time in this economy. Good work, guys!! How’s that for class warfare? Oh, I mean, how is that for the creative destruction of our God, big C capitalism? Better hope you and your family stay out of its way…
This is also for Cletus. To say the Bush clan is at fault here makes as much sense as saying if Ike happened during Ann Richards or Mark White’s watch, it would be the Dems fault. The point is, nobody will know really what happened. Why are you guys still griping; didn’t your side win?
Yep, you guys who read IJ polled in an IJ pollabout 60/40 in favor of grandpa and gidget before the election and appear incapable of learning about or from the past or thinking about changing for the future. You lost for real reasons, guys!
Don’t need ya anymore until you decide to wake up and learn. Go assign some IRPM to some package or somesuch….Lead follow or get out of the way…the Republic party (mocking Rush here) is now a peculiar regional little affair. When Palin gets going in 2012, the confederate flags will make a reappearance and the scary lynch mob rallies will resume. Good luck, boys!
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Basic/obvious question: Why was this huge medical teaching hospital complex underinsured?
cletus, You obviously don’t understand! The article said the Hospital had to lay off the workers because Insurance did not pay more. Nowhere did I see mention of the Hospital being responsible for Underinsurance. I am certain it is the Big, Bad Greedy Insurance Company’s fault, with the complicity of President Bush! But, that will be only bad history come January…
My understanding is that the $100 million is what they were able to buy in the market. Even if more coverage was available, could they possibly afford it? The real question is why would you build such a large facility on a barrier island?
This article was gleened from the AP. Why wasn’t the question asked, “Why were you underinsured?” Who was the Executive or Regent that made the business decision to underinsure the complex? Maybe he should be given a bonus for his bad decision, much like the Financial executives.
It is time that these MBAers get a real life and start living in the here and now. They need to stop looking at how much money will we be made in the next quarter and look at how much will be made in the next 10 years.
There is coverage available for the loss of Income and loss of tuition that will be lost. It is called Business Interruption and it is part of a good commercial package.
This institution took a gamble and lost. It is a shame the ones who need the job will lose theirs and the ones responsible for the bad judgement will continue to sit in the corner office and make more poor decisions.
Yes, it was there for historical reasons (it may be the oldest med school W. of the Mississippi)and because the community it serves grew tremendously. And there are important associated hosptials like the Shriner’s Burn Hospital for kids.
Yes, the market could not provide more insurance. They made the best RM decisions they could.
The real reason that it is being abandoned in this way is that it serves so many of the poor and uninsured and the regents don’t want to pay for it and Texas government, damaged and benighted by Rove-Bush-Perry-Perry won’t step up to its responsibilities.
They want cheap immigrant labor to build houses for, among others, Bob Perry, owner of the homebuilder Perry Homes and the biggest donor to the Swift Boat campaign–but that’s just a coincidence, right? (Governor Perry is not a relative). But they want to dump the medical expense for the uninsured illegals on the individual counties concerned where property taxes will pick up the tab through hospital district taxes.
So, the equation is: Bush get re-elected, Gov. Perry takes over for him, homebuilder Perry gets his cheap labor to increase his profits and small businesses (real ones, not Phony the Plumber)and homeowners pick up the tab through hospital district taxes. What could be fairer?
The regents of the UT system (all Bush and Perry appointees) were just moving the system out of the way so the blow would not fall on the UT system, already suffering a massive loss of prestige and effectiveness due to, guess what, tax cutting followed by massive tuition hikes, placing college out of reach for so many. How’s that for spreading the wealth around?
FEMA is of course still planning the program to initiate the process of standing by to stand by to initiate the initiative to begin the study of the proper construction of the assessment of the exact programs needed to help beginning the planning to initiate…etc. A very careful, low profile, professional way of providing no help, just like in Katrina, but no one seems to notice.
The powers that be, with the housing boom gone, want those poor people and illegals gone and this is one way to give them another swift kick in the rear so that part of Texas can become the Real Texas again. Then the island can be properly redveloped for rich people’s second McMansions–all insurable through the Texas windstorm pool.
In sum, more destruction of government services, more untreated sick people who will be more expensive to treat later and a steady redistribution of wealth UPWARDS to people like homebuilder Perry and the Bush Family. How’s that for class warfare?
Wake up and smell the trickle down–it was just sewage from the Reagan commode after all.
Have a good weekend and contemplate your last several votes. Gangs of criminals continue to roam the nation taking over governments and corporations wherever there is weakness and ignorance. At least Milton Friedman and his ideas are now dead–exposed as academic fantasies useful to the rich and powerful–oops, I mean standard business school curriculum.
You can’t make this stuff up. And in the meantime, 3,800 hard-working Texans tossed into the street at holiday time in this economy. Good work, guys!! How’s that for class warfare? Oh, I mean, how is that for the creative destruction of our God, big C capitalism? Better hope you and your family stay out of its way…
…I’ll bet this doesn’t end January 20 2009.
This is also for Cletus. To say the Bush clan is at fault here makes as much sense as saying if Ike happened during Ann Richards or Mark White’s watch, it would be the Dems fault. The point is, nobody will know really what happened. Why are you guys still griping; didn’t your side win?
Good Lord.
Post your political views on the daily Kos.
Better yet, go volunteer for the Ron Paul campaign.
Not having enough affordable capacity for windstorm coverage on a hospital on the coast is not a Republican or capatalistic conspiracy.
I totally agree, but tell that to the left. Was Ron Paul on a comedy sitcom?
Yep, you guys who read IJ polled in an IJ pollabout 60/40 in favor of grandpa and gidget before the election and appear incapable of learning about or from the past or thinking about changing for the future. You lost for real reasons, guys!
Don’t need ya anymore until you decide to wake up and learn. Go assign some IRPM to some package or somesuch….Lead follow or get out of the way…the Republic party (mocking Rush here) is now a peculiar regional little affair. When Palin gets going in 2012, the confederate flags will make a reappearance and the scary lynch mob rallies will resume. Good luck, boys!