Posted on 04/09/2010 12:32:43 PM PDT by Leisler
The standoff between Massachusetts regulators and health insurance companies intensified yesterday, as most insurers stopped offering new coverage to small businesses and individuals, and state officials demanded that the insurers post updated rates online and resume offering policies by Friday.
People seeking to buy health insurance for the first time, or customers looking to change policies, found they could not do so, at least temporarily.
The confusion — or market chaos, as one insurance industry official called it — f
(Excerpt) Read more at boston.com ...
The companies should just not sell any more policies.
Government should not be able to force companies to lose money, thats just insane.
They left out the word “UNEXPECTEDLY”. (drink)
Ayn Rand saw this coming, including the incomprehending liberal outrage when the businesses inevitably go under.
I keep wondering...that ought to break some anti-trust laws. The government being the new monopoly.
Apparently, you're not a liberal.
This is the future of the unconstitutional, socialist Obamacare if the people don’t stand up and defend the Constitution!
Just one problem there Mr. Rosman, you can't repeal the fundamental laws of economics by majority vote.
John Galt is here, already.
Libs are baffled, outraged, and if in power, lash out and punish people when they try to impose their insanity on reality and it all comes crashing down.
They see it as a personal indictment that it didn’t work,
and of course, some malignant entity is responsible for it.
Let me guess. Bush's fault?
NJ went through this with car insurance. If a company has a license to sell insurance in the state, they must conduct business or turn the license in. Question is state by state what is the definition of “conducting business”?
Good point. It is really hard to find a true monopoly were the government is not involved in enforcing it or regulating it. If not for the government monopolies would be at best short lived or harmless.
I got a kick out of this quote:
>>>Veronica Turner, vice president of Local 1199 of the Service Employees International Union United Healthcare Workers East, released a statement suggesting “insurers are unnecessarily shutting their doors as a negotiating ploy’’ in their dispute with the state. <<<
So an official of a labor union, that routinely goes on strike or threatens to do so, as “a negotiating ploy” to coerce their employers (often the government) to pay them more money, is offended when insurance companies “go on strike” to get fair rates?
I could see the union demanding a royalty from the insurers for stealing their idea, but how could unions possibly say it is wrong?
Well, as the old saying goes, “If it weren’t for double standards, Liberals would have no standards at all.”
Usually it’s those mean old greedy business owners that are more interested in profits than in people.
The ‘administrators’ need to get ahead of this, and get legislation passed forbidding physicians from leaving the state.
/lib think off.
That's the plot of Atlas Shrugged, in a nutshell..............
I guess bending the cost curve is not working in MA, so how is it supposed to work nationwide?
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