The Baucus plan sounds like the insurance companies' dream
If I'm reading this right, the Baucus "bipartisan" plan will require every American to purchase health insurance from a private company.
There will be a supposed limit on preexisting denials, but there also appears to be no cap on what the insurance companies can charge.
So, in the Baucus system, the insurance companies pick up a guaranteed 30-50 million new customers and are allowed to charge anything they want so long as they charge it to everyone. It's a bonanza!
Fortunately, this is very probably dead in committee as even that bill won't be accepted by the politically driven Republicans.
Good thing he wasted all this time to allow the Republicans to damage his party....
There will be a supposed limit on preexisting denials, but there also appears to be no cap on what the insurance companies can charge.
So, in the Baucus system, the insurance companies pick up a guaranteed 30-50 million new customers and are allowed to charge anything they want so long as they charge it to everyone. It's a bonanza!
Fortunately, this is very probably dead in committee as even that bill won't be accepted by the politically driven Republicans.
Good thing he wasted all this time to allow the Republicans to damage his party....
posted by mikevotes at
7:24 AM
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