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March 12, 2010

Quote of the Day

"The only part of health care in which there isn’t already a lot of federal intervention is the market in which individuals who can’t get employment-based coverage buy their own insurance. And that market, in case you hadn’t noticed, is a disaster — no coverage for people with pre-existing medical conditions, coverage dropped when you get sick, and huge premium increases in the middle of an economic crisis. It’s this sector, plus the plight of Americans with no insurance at all, that reform aims to fix. What’s wrong with that?"
Paul Krugman

Filed under: Healthcare || Paul Krugman || Quote of the Day

Posted By Bob Cesca | March 12, 2010 12:13 PM

Comments

What's wrong with that?

55 years old and self employed. You now are required by law to buy insurance from a private insurance provider. They can charge you what ever they want for that insurance, the only thing that will change is that they can't say no out of hand.

The only two things that will have changed are that we are now forced to buy insurance and they can't turn you down. But they can charge you 3 times the rate for risk groups.

There is nothing to prevent insurance companies from dropping your coverage. We have legal contracts now, your policy, they can recind your coverage the same way the credit card companies raise rates by simply wording it's way around the legality.

Anyone 50 - 65 in America who currently has no insurance is going have a 1500 dollar per month bill hung around their necks when this bill is signed.

I don't give a flying fuck about the White House talking points touting this as some big ass victory. It sucks, everyone knows it, and the corporatist democrats can't wait to spike the ball.

Biggest corporate bailout in history put on the backs of the uninsured. Nice.

Posted by: idabamaho [TypeKey Profile Page] at March 13, 2010 6:03 AM



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