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Requiring people to purchase insurance from private companies seems like a recipe for disaster. I understand the government will subsidize those whose incomes are low and can't afford it but this just transfers tax dollars to the already bloated industry. The healthcare reform needed a public option and some means of cost control.
I read several articles today about how the insurance industry was already lobbying newly elected Republicans to not repeal the individual mandate and focus on eliminating the precondition requirements and max caps instead.
I realize President Obama made many compromises in order to get the passing votes but the bill as it stands is a windfall for the insurance and healthcare industries.
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