White House Slams Industry's Audit Of Health Reform Bill

concern troll alert

The insurers are in the best position to know one thing and one thing only: How to balance risk to set rates and maximize profit. Insurance companies will not pay up if there is any feasible way to avoid it. They exist solely to make money.

Private insurers and the public health work at cross purposes. If the private insurance industry wants to make money by providing their service to the public, then it must be regulated like a public utility. No more lavish offices and rapacious profiteering by alternately raising premiums and denying coverage. Let them have a reasonable and guaranteed profit in exchange for providing universal health insurance, and nothing more.

It's the industry that's jacked the cost of insurance up to begin with for no other reason but to increase profits by retaining health people who don't require medicals services, overcharging people over fifty years old 3 to 5 times the normal premium rates and denying insurance to people with pre-existing conditions. They rake in the money and don't pay out a penny. And you don't trust Democrats?

Idiot, do you really think the insurance companies would fight against a bill that raises premiums? Unless they believed they had something to gain?

come the fuck on man dont be this gullible. Yes the Baucus plan will raise premiums thats what its supposed to do. The insurance companies just dont think they are getting enough from it they want more. They want to be able to drop people based on pre-existing conditions still, they want to get rid of the tax on cadilac plans, they want more stringent penalties and jail time for people who refuse to buy their overpriced insurance.

Them coming out with this report is their strategy to bully members of congress and the president to bend to their will.

The proper response should be to pass a stronger bill like the Kennedy bill which includes a very stong public option. But given the rtrack record so far they are just going to cave into the insurance companies.

Get it out of your head, that these companies have our best interests at heart, they do not. Its all about money for them. This is the problem with our profit based system.

Also, the Baucus bill was the ONLY bill of the 5 being proposed that was written by the former VP of wellpoint insurance, not surprising its the one that fucks us in the ass.