Friday, February 26, 2010

"Wholly owned subsidiaries of the insurance industry."

I don't care for the current healthcare legislation as it's written but I'm not going to lose any sleep if it passes. Despite Weiner's passionate declaration that the GOP is "a wholly owned subsidiary of the insurance industry," don't be fooled into thinking that the Democratic Party isn't just as compromised. The healthcare industry is playing both sides against the middle. They're bribing the GOP to kill reform at the same time that they're bribing the Democrats to make reform work in their favor.

Ms. Maddow is correct in her analysis that for-profit insurance companies can't be blamed for doing everything they can to turn a profit. That's how for-profit insurance works. I think that the profit motive should be removed from healthcare altogether. Legislation should be passed requiring health insurance companies to operate strictly as non-profit corporations, mutual companies and/or co-ops to ensure that premiums are used to treat sick people and not line the pockets or stock portfolios of insurance executives.

No comments:

Post a Comment