Monday, March 8, 2010

Only the Richest of the Rich will Have Health Care?

http://www.latimes.com/news/nation-and-world/la-na-healthcare-obama9-2010mar09,0,4592274.story

There is a reason to vote a health care bill in now. We are all losing health care unless we are in the upper 30% to 40% in income. I guess the insurance companies have put so much money into stopping the health care bill that they are now upping their rates by up to 40% to pay for their bribes to stop the health care bill.

begin quote from above LA Times
You see, these insurance companies have made a calculation," he said. "The other day, on a conference call organized by Goldman Sachs, an insurance broker told Wall Street investors that insurance companies know they will lose customers if they keep raising premiums. But since there's so little competition in the insurance industry, they're OK with people being priced out of health insurance because they'll still make more by raising premiums on the customers they have. And they will keep doing this for as long as they can get away with it," the president said.
end quote.

I was listening to a lady talking on TV. So she Said that she was going to have to give up her insurance because she couldn't afford to pay 40% more. Now just multiply this by millions. We need a health care Bill now before millions more of us have none.

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