Can You Say Public Option? I Knew You Could.
Why do we need the public option? Well, we probably don’t if we made the sensible switch to single payer health care, Medicare for all. Let the insurance companies scrap and compete for the Medicare supplemental insurance, for dental coverage, etc, but as long as we don’t go to single payer, we are left hoping that the insurance companies will serve the public good instead of their bottom line and bonuses for the top executives.
How is that working? I think it’s working fine for the top execs.
Time for a change, folks.
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HHS secretary decries higher rates for health insurance
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By Alec MacGillis and Amy Goldstein
Friday, February 19, 2010
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The Obama administration stepped up its criticism Thursday of health insurers’ efforts to raise their rates, an attempt to harness public aggravation with the industry and rebuild momentum for broad changes to the nation’s health-care system.
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Separately, Washington area residents holding individual health insurance policies said they have received notices that their premiums are increasing by as much as 40 percent.
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At a news conference, Health and Human Services Secretary Kathleen Sebelius cited half a dozen examples, from Maine to Washington state, in which insurers have sought large premium increases on people who buy coverage individually. In every case but one, state insurance regulators rejected all or part of the requested increases.
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