Re: RUSH NAILS IT AGAIN!

In article <dK2dnWypE4hVWWjRnZ2dnUVZ_qGdnZ2d@xxxxxxxxxxxxx>,
"DGDevin" <DGDevin@xxxxxxxxxxxxxxx> wrote:

The thing people need to understand is that for many years the insurance
industry has regarded the actual insurance business as secondary. Insurance
companies now exist primarily to raise capital via the premiums we all pay,
which they then use to to buy things--stocks, bonds, other companies,
politicians (the only other industry that spends as much on lobbying is the
pharmaceutical industry) and so on. So the less money they pay out in
claims, the more money they have to invest in profitable ways. This is why
health insurance companies have employees whose job is finding excuses not
to pay, or better yet to cancel the coverage of clients who look like
they're going to need expensive treatment for awhile. You'd think that
insurance companies would want as many customers as they can sign up. But
health insurance companies are actually known for dropping huge numbers of
customers, sometimes en masse when two insurance companies merge and it
seems like a good time to get rid of customers who are getting to that age
when they'll need more medical care.

Paying for medical treatment? That's the *last* thing health insurance
companies want to do. They'll cash you premium checks for years, decades,
but when you get sick you better believe they're considering whether they
want to keep you as a customer. It's too bad the govt. couldn't pass a law
against these companies refusing to insure people with pre-existing
conditions or dropping customers when they get sick and need their
insurance. Hey, wait a minute....


Yes. The Obama administration managed to do that. The insurance
companies clearly didn't want it to happen and neither did the
Republicans in the house and senate.

And for reasons beyond my comprehension, a significant number of the
very people that will benefit from this are terrified of it.

The right-wing noise machine did a damn good job about lying to them
about this, including the fictional "death panels" that Sarah Palin
still mentions.

Tony
.

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