Betsy Devine: Funny ha-ha and/or funny peculiar

Making trouble today for a better tomorrow…

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Cancer Treatment Centers of America, aka FreedomWorks funder

December 27th, 2012 · No Comments

Last-minute mailer from NH Republicans by betsythedevine
Last-minute mailer from NH Republicans, a photo by betsythedevine on Flickr.

Following up on TPM story about scary gun-toting Tea Party meltdown of entiitled-rich-guy vs entiitled-rich-guy that was solved by an infusion of million$ to buy Dick Armey out as the power behind “grassroots” Tea Party group FreedomWorks. I was curious about where those millions of cash came from…

Dick Stephenson runs Cancer Treatment Centers of America. If you google for reviews of their centers you find similar comments from AZ and IL. Their target customer seems to be someone with terminal cancer and a boatload of medical insurance.

There is a business model suggested here, very intriguing and hypothetically very profitable. If your insurance company sold you a policy that has a limit of 1 million dollars on it, they really don’t expect you to spend those all before dying. Few patients do. But now, enter from offstage left, a savvy corporation dedicated to getting paid every single dollar your insurance said you could get. So sad for the insurance company’s expectation the insurance-buyer would be too naive and incompetent to collect the insurance they were promised … so profitable for somebody like Richard J. Stephenson, who now has millions and millions in profits to spend to push US election results his way …

Tags: Editorial · politics · Wide wonderful world