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The U.S. "health care bill"
Dec. 24th, 2009 05:13 pmThis isn't about health care. This is a bailout.
The bill as it seems likely to pass forces individuals to pay lots of money to insurance companies. People who don't pay money to insurance companies will be fined. If that still doesn't produce enough money to satisfy the insurance companies, the government will pay extra money directly to the insurance companies.
The financial industry (banks and investment brokers), the real-estate industry, and the insurance industry, are all so closely intertwined that economists treat them as one sector of the economy. In this current economic crash, we've already seen bailouts for the banking industry and the real-estate industry. This is the third part, bailing out the insurance industry.
Health care is just an excuse. You can tell because anything that might have improved actual health care has been systematically stripped out of the bill: no guaranteed publicly funded care, no publicly-run insurance, no option to just pay a doctor directly, no anything that wouldn't allow private insurance companies to rake off tons of money.
The bill as it seems likely to pass forces individuals to pay lots of money to insurance companies. People who don't pay money to insurance companies will be fined. If that still doesn't produce enough money to satisfy the insurance companies, the government will pay extra money directly to the insurance companies.
The financial industry (banks and investment brokers), the real-estate industry, and the insurance industry, are all so closely intertwined that economists treat them as one sector of the economy. In this current economic crash, we've already seen bailouts for the banking industry and the real-estate industry. This is the third part, bailing out the insurance industry.
Health care is just an excuse. You can tell because anything that might have improved actual health care has been systematically stripped out of the bill: no guaranteed publicly funded care, no publicly-run insurance, no option to just pay a doctor directly, no anything that wouldn't allow private insurance companies to rake off tons of money.
