22 February 2010

Obama, Insurance Company Executive

President Obama is poised to impose government restrictions on private insurance companies regarding rate hikes.  If he can tell one sector of private industry how to make money, what's next?

This is not the solution.  If he is so concerned about rate hikes on the insured, and simultaneously, seeing to it that the insured get care, why not FUND the UNFUNDED mandate, a noble one to be sure, that everyone who shows up in an emergency room for care gets it?  Why not let the hospital SEPARATE those charges from the insured and SEND THE BILL TO OBAMA?

It's ain't great, but at least this way, hospitals which are absorbing the cost, thus increasing the price of care, thus passing the cost of that care on to the insured, will be relieved of the MAJORITY of the reason insurance companies enact rate hikes to begin with!

Hey, we are a direct pay family.  We pay an obscene amount of money to keep our family insured.  I'm no fan of insurance companies.  But I'm less of a fan of socializing Blue Cross.  This will crush them.

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