Posted on 02/25/2010 4:55:19 PM PST by raptor22
Americans are going to hear lots of scare- mongering anecdotes at today's health care summit, such as the 39 percent increase in insurance premiums announced this month by Anthem Blue Cross, a California company. President Obama and the Democrats have a solution: Pass a law to impose additional coverage by insurance companies, eliminate the multimillion-dollar cap insurance policies have on total benefits, and pile on lots of new red tape. These policies are guaranteed to raise rates.
California does offer a useful case study, but not for the reasons Democrats think. New regulations there make some people subsidize others in the individual insurance market. Young people pay more than what it costs to insure them, and older people pay less. The same discrimination occurs broadly between healthy and not-so-healthy people generally. Government-imposed pricing led many healthier people to stop buying insurance, which meant insurance companies ended up subsidizing coverage for unhealthy people. State regulations made higher rates inevitable.
Democrats insist they have some magic secret to provide more benefits for less cost. That companies are fighting so hard against new federal regulations makes it clear those businesses are worried proposed policies won't do what Democrats promise.
(Excerpt) Read more at washingtontimes.com ...
DeathCare will provide you a hospice that Big Brother will order to into when they deny you healthcare. It’s the Zero/Pelosi/Reid “final solution” just as Hitler had his final solution.
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