Tuesday, August 25, 2009

Don't listen to me, listen to the Left-wing Netroots

Insurers Winning Healthcare Battle - Hands Down / No Contest

http://tpmcafe.talkingpointsmemo.com/talk/blogs/thepeoplechoose/2009/08/insurers-winning-healthcare-ba.php?ref=recmuck

According to this article in the LA Times insurers will do exceptionally well under the proposed healthcare reform package. This assessment is widely agreed to be the outcome for insurers. The reform package reduces the amount insurers pay out per premium dollar they take in. There is no good news here at all. As far as I can tell, the national healthcare bill, ie actual overall healthcare expenditures, cannot possibly decrease under this legislation.

I advise reading the entire article to get a feel for how badly citizens are going to lose this battle. I am in no way able to read the legislation and make sense of it so I don't know. If this assessment is accurate this piece of legislation may as well have been written by insurers. Jobs are never coming back to this country without reducing healthcare costs as a percentage of GDP. I don't think this legislation addresses that issue at all.

My personal assessment: This is over the top corruption. Period.

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