Welfare for health insurance companies

Up until last night, I supported the healthcare reform plans of President Obama. I did so, despite the evisceration of important parts of the proposed law, including the public option, stricter controls on insurance companies, and broader coverage for more people. What we are going to have is a law that is no more than a transfer of wealth from the taxpayers to rich health insurance companies. Sure, those companies have to accept customers with pre-existing conditions, but they get to charge more. Sure, they have to accept older individuals, but they get to charge them more.

Moreover, this bill will charge people who do not have insurance so that they might be covered. If they don’t have the money, the government will give it to you, and it will go to the insurance companies. Senators
Joe Lieberman and Mary Landrieu, bought and paid for by the health insurance industry have sold out their values for these companies. Neither of them, supposed Democrats, have shown any conviction, any morals or any beliefs that are not bought in cash. The health insurance companies must be popping corks from bottles of Dom Perignon.

Some people say that it’s better to have a plan than none. I disagree. I think this plan will bankrupt the country, but in a wholly different way that the Republicans are saying. Without real reform, the cost to the citizens will be tremendous.
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