Posted on 04/06/2010 4:01:51 PM PDT by GOPsterinMA
The state’s six health insurers filed suit yesterday against Massachusetts Division of Insurance Commissioner Joseph G. Murphy, saying he acted illegally when he told insurers to charge many of their customers the same premiums they did last year - effectively capping rates.
“He had no authority to establish rates,” said the insurers’ lawyer, Dean Richlin, a partner at Foley Hoag.
(Excerpt) Read more at bostonherald.com ...
http://www.bostonherald.com/business/healthcare/view.bg?articleid=1245166&pos=breaking
Can't wait to see how ObamaCare turns out!
In the world of MARXISM, Obama’s world, this is “fair”. He will be dictating HOW much anyone can charge for a product or service. It will be the STATE regulating your life. In the world of CAPITALISM, this would NOT be allowed. The MARKET determines what the price for the product or service should be and would encourage COMPETITION.
“Fair” is where you go to eat cotton candy and ride the ferris wheel.
Otherwise, there is no such thing as fair.
Sure there is...
Fair is when EVERYBODY is poor, hopeless and miserable. /s
Obama people are self absorbed, self centered and envious of what YOU have and worked for. They want what YOU have NOW - any way they can get it.
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