The Aug. 21 article on the Kentucky Medical Services Foundation failed to mention that it is a non-profit organization and not subject to federal income tax.
With a healthy tax break and their share of exorbitant medical billings it is no wonder that they have amassed wealth to support lavish investment and spending patterns. I believe our nation’s physicians should be well paid for their services, but the KMSF stands as a shining example of what’s wrong with our health-care system.
The Affordable Care Act attempted to make health insurance affordable for everyone. It was successful in the first year but now insurance premiums are going through the ceiling. How could they not increase with insurance companies having to support the extravagance of organizations such as the KMSF?
Add to this the outlandish charges for hospital care and pharmaceuticals and it becomes obvious that health insurance will never be truly affordable without reform of all components of our nation’s health care system.
Never miss a local story.
Jimmy D. Helton