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Monday, October 12, 2009

More Health Care Stuff

From the 405 list, Michael Leventhal wrote this:

I saw this article and couldn't help myself. My apologies.
http://www.huffingtonpost.com/2009/10/12/alex-lange-denied-health_n_317337.html
A two month old baby couldn't get covered because he's too fat. Now, after the bad publicity, they'll be covering him.

And, given today's report by the health insurance industry, essentially saying, "If you pass the Baucus (e.g. -- weak) health insurance reform plan, we'll raise everyone's premiums by up to $1700 annually for a family, and $600 individually, going up to an additional $4,000 for a family and $1500 for an individual in 5 years," it may well be time to tell the for profit insurance industry to deal with government competition. I mean, doesn't this sound like an industry that knows it won't have to respond to any downward price pressure? Doesn't it feel like they know no insurance company is going to undercut their pricing?

http://news.yahoo.com/s/ap/20091013/ap_on_go_co/us_health_care_overhaul_insurers

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