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Reply #13: It worked so well with the banking industry [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
zipplewrath Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 09:48 AM
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13. It worked so well with the banking industry
"But, in return, we finally get the teeth of regulation into the insurance industry. That is no small deed. Once they are restricted by law from doing certain activities and policies, it is to the people's advantage. The laws are in place."

Kinda like our banking regulations? Or were you thinking of our bankruptcy protections?

Regulation has it's role, but it is not a replacement for the recognition that health care is a right of the people. It is not enhanced by making the purchase of health insurance an obligation of the people. It was the democrats that repealed Glass Steagall.

This bill is very weak on health CARE access features and very strong on individual obligations to the insurance industry.

This bill, by design, creates a market designed to support the for profit insurance industry, be an obstacle to universal health care, and ensure a long stream of lobbying dollars for congress and the democratic party.

Congratulations. You've just put "teeth" into the idea that health insurance is an individual obligation, and health CARE is an option.
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