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Jason R 10-01-09 01:36 PM

More on Healthcare
 
<script src="http://i.cdn.turner.com/cnn/.element/js/2.0/video/evp/module.js?loc=dom&vid=/video/health/2009/10/01/foreman.insurance.nightmare.cnn" type="text/javascript"></script><noscript>Embedded video from <a href="http://www.cnn.com/video">CNN Video</a></noscript>

admiralsnackbar 10-01-09 03:08 PM

As a rebuttal to the BS from the interviewed health insurance public relations offices, let's hear what Wendell Potter -- one of their own for 20 years -- had to say before the US Senate.

Jason R 10-01-09 06:35 PM

But the invisible hand of the market will take care of everything!

grizzly_bexar 10-01-09 09:01 PM

It would be nice if we would undo enough regulation to give the invisible hand a fighting chance.

Seriously, I fight against insurance companies for a living, and it's absolutely true that insurance companies make things difficult as part of their business practice (some of them worse than others). But a lot of that is because of regulation.

And in addition, they scream out for more regulation because they use it as a shield against (1) lawsuits to punish them for unfair and deceptive practices, and (2) new competition.

And the WORST in my experience are governmental or quasi-governmental entities that are immune to suit for unfair insurance practices.

Jason R 10-01-09 09:07 PM

In fairness I'm all for certain aspects of what I hear the Republicans touting when it comes to allowing interstate competition.


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