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Old 09-09-2009, 07:09 PM   #279 (permalink)
Derwood
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Quote:
Originally Posted by rahl View Post
there are still many problems with the plan. One being if the president wishes to make all insurance companies accept everyone regardless of pre-ex's, minimize out of pocket expenses, and have no anual or lifetime maximums then premiums are going to skyrocket. they have to or insurance companies are going to go bankrupt, there's no way around that. If they have to pay out more than they take in then that equals bankruptcy, it's simple math.
incorrect. there is plenty of room for cuts within private insurance (which have been mentioned repeatedly in this and other threads). you can start by not making health insurance decisions based on profit margins and stock holders
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