Congratulations to the health insurance industry!

[Kasz216]

CommonMan said:

Kasz216 said:

The_vagabond7 said:
So....big business has stolen our freedoms by using their obscene wealth to buy our government, and make it law to buy their products. Like I've said a hundred times before, in our modern age Capitalism+democracy=government by the corporation for the corporation. You can rally against big government in favor of big business, but there isn't a difference any more. Government is just business's mouthpiece and hammer.

Actually I think it's the opposite.

The thing about health insurance companies is... they don't actually make a lot of money.  My guess is, the plan is to enact all of these changes that raise insurance companies costs... the refuse them the ability to raise rates too high.

Which will result in a great number of insurance companies going out of buisness leading to just a few, so it's easier to switch to a single payer plan.

Of course, in the interm tons of people will lose jobs, healthcare will be a bit chaotic unless the exchanges are rolled out first, and even then it'd be worrisome and probably permanently effect some peoples health.

I'm pretty satisfied with this bill, but I will admit this is a possibility. I'm keeping the old fingers crossed that we're smart enough as a country to not have this happen.

Which part?  Me i'd rather have single payer then this bill.  To me this bill feels like a "worst of both worlds" scenario.  All of the ways it's supposed to reduce costs seem dubious at best since it seems to rely mostly on competition... which i'm not sure there is much room for these companys to cut it because of that.