The PHANTOM
3/20/2010 2:43:00 PM
On Mar 19, 5:17 pm, snakehawk <snakeh...@MailAndNews.com> wrote:
> On Mar 19, 4:16 pm, The PHANTOM <hoofhearte...@yahoo.com> wrote:
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> > On Mar 19, 3:01 pm,snakehawk<snakeh...@MailAndNews.com> wrote:
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> > > The bill requires the insurance industry to report exactly how much
> > > they receive in premiums and exactly how much they pay out for actual
> > > healthcare. And the bill limits the the amount the insurance can keep
> > > for all administrative costs and profits to 15 percent of total
> > > premiums received.
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> > > The insurance industry has fought for decades to keep those numbers
> > > secret from the general public. The amount of money the insurance
> > > companies have been skimming off every year is staggering.
>
> > > Why do you think the Republicans are fighting so hard to kill a bill
> > > that attempts to expand healthcare coverage to millions of otherwise
> > > uninsured voters and to make healthcare available and affordable to
> > > small businesses? Do you think Republicans, who casually spend
> > > trillions for wars, new weapons, and big bank bailouts, have suddenly
> > > become fiscally responsible?- Hide quoted text -
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> > > - Show quoted text -
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> > No. But nobody ever expected progressives to be fiscally responsible
> > so this huge gubmint takeover of 1/6th of the economy which will cost
> > $2 TRILLION or more comes as no suprise.- Hide quoted text -
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> > - Show quoted text -
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> Think about you are writing. One sixth, a full 17 percent, of the
> incredibly massive US economy is being lorded over and virtually
> controlled by a few profit-motivated, jet-setting insurance
> executives. That's tens of trillions of dollars flowing through the
> banks accounts of a few companies every year, companies whose major
> objective is to keep as much of that money for themselves as they
> can.
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> To meet their objective, the companies must charge the highest premium
> they can, shut out as many risky policyholders as they can, deny
> coverage to as many claimants as they can, hide as many expenses as
> they can, and pay as little taxes as they can. Would you expect
> anything else from good business management?
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> To carry out their business plan, the insurance companies must hire
> the best and most expensive public relations firms whose job is to
> contact every media outlet and pass out carefully written pamphlets
> and prepared videos lavishly praising the wonderful work of the
> insurance industry. Those public relations experts are the principal
> reason few people are aware of the enormous sums being squandered by
> the Insurance industry every year.
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> Every year, the insurance companies spend billions in advertising,
> more millions in professional fees to accountants, actuaries,
> consultants, brokers, and a veritable army of lawyers. And the
> executives hire only the best--and all of them are friends and
> supporters.
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> In addition, the insurance executives pay millions of dollars to
> lobbying firms with special connections to Congress, fast-talking,
> well-dressed barkers who haunt the offices of elected officials
> offering all-expense-paid jaunts to exotic places, lavish dinners,
> financial tips, not to mention expensive gifts, beautiful hookers, and
> cash under the table. All paid for with money collected from
> policyholders who think they are covered against loss for catastrophic
> medical emergencies.
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> Now, no one wants to deprive you of your right to cast your hard-
> earned money into the insurance industry pig trough. It's your right,
> your privilege. In fact, if there were some way to exclude you people
> from any government regulated plan, I for one would vote for it.
>
> But there are millions of Americans, including tens of millions of
> children, who are being shut out of the insurance industry's greedy
> drunken orgy simply because it's too expensive to pay for both the
> insurance and the insurance executive's spending sprees. That's the
> problem healthcare insurance reform is addressing.
>
> The basic plan is to split the industry into two parts: one that
> insures and pays benefits while collecting reasonable premiums, and
> another one that all the suckers can still shovel their money into
> while they dream of rubbing shoulders with all those rich executives
> and shouting Socialsim, Communism, or even Nazism.- Hide quoted text -
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> - Show quoted text -
So,the bottom line is you support this fucking abortion of a bill
simply because it'll put privately owned,for profit insurance
companies out of business. If that's the case then you should be
ecstatic knowing the massive tax increases and over-regulation will
cause even more "privately owned/for profit" businesses to shut down
or move offshore.