wrote in message
...
On Wed, 12 May 2010 11:53:57 -0700, "nom=de=plume"
wrote:

wrote in message
. ..
On Tue, 11 May 2010 22:57:03 -0700, "nom=de=plume"
wrote:


Huh? They just told insurance companies they have to pick up anyone
with a preexisting condition, they can't limit coverage amounts and
they have to carry "kids" until they are 26. That is a lot of extra
liability. The insurance companies have already said they will pick
up the kids, but there will be an extra premium for doing it. We don't
know how much the preexisting condition and unlimited coverage
increase will be. It is a fairly simple process for the underwriters
to project the extra cost and apply that to the current premium.


That's also a lot of new customers and a lot of premiums. I guarantee
you
that the ins. companies are not hurting. There's an "extra" premium for
everything. The bill that passed is a first step. More needs to be done.


There may not be as many new customers as the government predicts.
When you tell the 20 somethings that they can buy a $6,000 a year
insurance policy or pay a fine of a few hundred bucks, they will pay
the fine. Even OMB agrees with that.

Nobody ever said anyone in the medical establishment will be hurting.
This bill guarantees everyone from the doctors, hospitals and drug
companies to the insurance companies will be making a lot of money.
it will be the patients who will be hurting since there were no cost
controls in this bill.


Very similar arguments were made by Republicans when Social Security and
Medicare came into being. It's just not true.


Medicare ended up costing several times the original CBO projection at
the 10 year mark.


So? Are you saying that it shouldn't have been done or undone now? If so,
there are lots of people would take exception.