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Here are some of the things insurance companies are getting out of the House bill:

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 02:18 PM
Original message
Here are some of the things insurance companies are getting out of the House bill:
Edited on Sun Nov-08-09 02:21 PM by ProSense
  • Increase in the percentage of each dollar that must be directed to care.

  • Loss of anti-trust exemption

  • Increase in number of people getting insurance, including those they can no longer drop based on a pre-existing condition (begins n 2010), but excluding those who sign up for a public option.

  • Potential loss of more customers as access to the exchange expands and more people are given the choice of a public option.

  • More people moved to Medicaid.



This is why insurer's are against the bill: it squeezes their profits and holds them accountable.






edited typo
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spotbird Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 02:23 PM
Response to Original message
1. Watch insurance stocks on Monday
I suspect investors will see it differently.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 02:41 PM
Response to Reply #1
2. The proof will be in the pudding. n/t
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quiet.american Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 03:32 PM
Response to Original message
3. Stop making sense, ProSense! Don't you know the sky is falling! ;) nt
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Go2Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 03:34 PM
Response to Original message
4. UNREC for Spamming OPs
Edited on Sun Nov-08-09 04:10 PM by Go2Peace
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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-08-09 10:45 PM
Response to Original message
5. DON'T DO THAT!! I almost clicked on the 'unrec' button!
Fortunately, quick reflexes narrowly prevented a tragedy.
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