Good News For Cons (Repub or Dem)

[SHRED]

Their buddies in the health insurance racket are winning.

As far as "we the people" go...not so good.

Healthcare insurers get upper hand
Obama's overhaul fight is being won by the industry, experts say. The end result may be a financial 'bonanza.'

By Tom Hamburger and Kim Geiger

August 24, 2009

Reporting from Washington

Lashed by liberals and threatened with more government regulation, the insurance industry nevertheless rallied its lobbying and grass-roots resources so successfully in the early stages of the healthcare overhaul deliberations that it is poised to reap a financial windfall.

The half-dozen leading overhaul proposals circulating in Congress would require all citizens to have health insurance, which would guarantee insurers tens of millions of new customers -- many of whom would get government subsidies to help pay the companies' premiums.

"It's a bonanza," said Robert Laszewski, a health insurance executive for 20 years who now tracks reform legislation as president of the consulting firm Health Policy and Strategy Associates Inc.

Some insurance company leaders continue to profess concern about the unpredictable course of President Obama's massive healthcare initiative, and they vigorously oppose elements of his agenda. But Laszewski said the industry's reaction to early negotiations boiled down to a single word: "Hallelujah!"

http://www.latimes.com/news/nationworld/nation/la-na-healthcare-insurers24-2009aug24,0,2392720.story

[Mojambo]

1. Mandate my ass. I'm not giving a fucking cent to these vultures.

Call me an outlaw.