Radical idea? Cap profits on insurance companies.

[garybeck]

Why not just put a cap on the profits for the insurance companies. It could be a percentage of net revenues. If they go over, the excess goes into a fund to low income people obtain coverage (to help pay for the public option).

[handmade34]

1. more radical idea

make it illegal for an insurance company to profit at all and then cap wages of the CEO and other execs

[FiveGoodMen]

2. That's the ticket!

[Brigid]

3. More radical idea yet:

Single-payer. Lets do it.

[handmade34]

6. let us do it!

[iceman66]

4. That's actually in the House bill.

If it passes as written, 85% of premiums will have to go toward actually providing health care. This amounts to a cap on profits.

[el_bryanto]

5. Unworkable and it would be seen by many as somewhat un-American

If a company is getting profits they don't deserve by gaming the system than close those loopholes and regulate it more (and introduce a public option to keep them honest).

Single Payer is better than this proposal in several ways.

Bryant