Who says we need reform?

Wife’s premiums went up 55%, co-pays doubled, have 10% “co-insurance”, deductible doubled. Now paying $6k/yr for $8k max payout.

Luckily we’re not required to have ins. Wait, what? Well, at least we’ll have public health care. Oh, about that…

clipped from www.salon.com

Meet your new health insurance company overlords

we still end up with a system that’s based on private insurers that have no incentive whatsoever to control their costs
A system based on private insurers won’t control costs because private insurers barely compete against each other.
you’d think the insurance industry would be subject to the antitrust laws
the Senate bill still keeps Big Insurance safe from competition by preserving its privileged exemption from the antitrust laws.
From the start, opponents of the public option have wanted to portray it as big government preying upon the market, and private insurers as the embodiment of the market. But it’s just the reverse. Private insurers are exempt from competition.
Without some mechanism forcing private insurers to compete, we’re going to end up with a national healthcare system that’s controlled by a handful of very large corporations accountable neither to American voters nor to the market.
  blog it
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Published in: on December 11, 2009 at 10:03 am  Leave a Comment  

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