Insurance Regulators Push Back on White House Demagoguery
“You are not necessarily helping the consumer if you keep rates artificially low,” Ms. Praeger said. “What’s worse for the consumer: having a premium increase or having to pay the full amount of a medical expense because the company is out of business?”
Full article on Obama’s proposal for federal regulation of health insurance premiums.
It’s really amazing that scuh a serious subject is being treated in such a nonserious way.
It states the obvious.
Some people are easily convinced by unscrupulous politicians that we can all have something for nothing — and this (somehow) doesn’t violate anyone else’s property rights.
Does any sentient creature really believe that DC health care reform is about “helping the consumer?”