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I am Tosk

In article ,
says...

On Wed, 24 Mar 2010 10:34:53 -0700, "nom=de=plume"
wrote:

wrote in message
.. .
On Wed, 24 Mar 2010 01:09:34 -0500, Jim wrote:

We don't have to wait long to see. What do you think "open season"
will look like this year?

We'll see. I think the sleazy Dems have an ace up their sleeve with
that Health Insurance Rate Authority that 'Bama tried to get included
in the Senate Bill. The parliamentarian kicked it out of the
reconciliation process - Byrd rule - so it won't get passed in the
current bill.

The insurance companies will not have much trouble justifying their
rate increases., they just have to present the underwriter's report
about the extra cost of insuring "kids" until they are 26, picking up
"preexisting conditions" and removing caps.
It is pure dollars and cents. There ain't no free lunch.

"Jim" is an idiot. The ins. companies need more regulation. It's not a free
lunch, but most people are willing to pay more for actually getting
something of value. It's not "pure dollars and cents."

The prices are determined by the actuarial studies by the underwriters
and that is pure dollars and cents.
They increased the insurance company exposure to risk and the
insurance company is going to recover that in higher premiums.
Actually when you are talking about caps and preexisting conditions it
is not really risk at all, the worst possible scenario is already true
and the insurance company is just a medical service broker, paying the
bill, tacking on administrative cost and profit and billing the other
customers accordingly. In a macro sense this is a very simple
business. When outlay goes up, income must go up.

Mumbo Jumbo really. Fact: All kids won't be covered this year
Fact: Insurance company rates are not controlled at all in this bill.
Fact: Prescriptions and pre-existing conditions will not be all covered
this year and far into the life of the bill if ever.
Fact: The Pharmas got a great big bone with the extention of generic
protections to 12 years so millions won't have access to the best
medicines and will suffer and die.
Fact: All illegal aliens will be covered as soon as congress passes a
"comprehensive" (amnesty) immigration act.
Fact: You can't add 35 million people to the medical roles and expect
them to keep up.
Fact: You can't take billions from doctors and expect better service.
Fact: You can't strip money from seniors and expect them to get better
care.
Fact: You can't save 38 billion by spending 10 trillion. Maybe they can
call it money "saved or counted" (created

snerk
..... The list goes on...

Scotty

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