If big insurance likes it, it ain’t reform!

The Senate bill has a mandate for everyone to buy in, but it puts no real cap on the premiums insurance can charge. They can’t refuse someone based on pre-existing conditions, but they CAN charge that person 3 or 5 times as much. Same for older people. That’s all fine unless you don’t give consumers any choice in the matter. PLUS, government provides subsidies for those who can’t afford to buy in on their own. Thus, insurers can charge what they want with the comfort of knowing Uncle Sam (that’s you Mr. Free Market) will back them up. It’s nothing but a bailout/handout.

Since virtually everything has been double speak for the last 9 years why would we expect anything different now? “Health Reform” therefore means firmly cementing the status quo system of state by state insurance monopolies. Most states have no more than 3 choices of real insurance. California only has two main providers. By some miracle of nature they take turns raising premiums exactly 20% every other year. In other words EXACTLY 10% per year, yet no one seems to pick up on this blatant price fixing (gouging)

The last major change in federal government health law was the “Senior Prescription Drug Benefit” . That law made it ILLEGAL for the government to negotiate the price of prescription drugs!

Insurance companies will be allowed to charge as much as they want to cover people, all the people, even though who cost a fortune to cover. Insurance companies will make a fortune thanks to the dumbest and most corrupt Congress in the world.

- totalsucker

Related Posts:

• I support the health care reform bill. I do not support everything in the bill. The mandatory coverage is one example.
• Outrage: Obama Spending December 13, 2009 to December 20, 2009 = $1.89 TRILLION!
• Moderation will go a long way here:
• Americans have been dumbed down by ideology.
• The new economic storm could start as early as February.

Leave a comment