Sunday, March 13, 2011

How are health insurance companies supposed to remain in business?

if they have to cover thousands of people who guarantee them a lose of over $100,000 each? Since the Democrats' goal is not to drive private insurance out of business.
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The answer to that specific question is THE DEMOCRATS WILL RAISE TAXES ON THE REST OF US TO PAY FOR THE HEALTH INSURANCE of those who can not afford it. What will bankrupt the insurance companies is eliminating the pre-existing condition exclusion. Look up "adverse selection." THAT is what will kill the insurance companies. Insurance companies will simply stop selling health insurance, and you won't be able to buy it anyplace.
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