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What Would You Do If You Owned An Insurance Company?
by James Glaser March 16, 2010 Job one for the health insurance industry? Raise those rates. Raise them just as high as possible. Why? To force the Democrats in Congress to pass President Obama's Health Insurance Bill. What happens then? Then Washington forces the 35 to 45 million Americans who don't have health insurance now, to go out and buy some. What happens if they don't? Our government fines them, and they still have to get the insurance. How cool is that if you owned an insurance company? President Obama's Health Insurance Bill is a big win for the insurance industry. I guess all the money the health insurance industry poured into Congress and the White House is going to pay off for them. Maybe next year, Congress and the President can work on reforming our health care system. Post Script Every day now, President Obama is running around the country giving speeches, trying to rally the American people to his side on his Health Bill. In each speech he uses an example of some American who has had to give up their insurance coverage due to rising premiums. It has been reported that there is nothing in Obama's Bill that controls insurance rate increases. But then who knows, after all, it is 2700 pages long. |
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