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What just ain't so:

  • "Social Security is in crisis; it is headed for bankruptcy."
  • "For young people, SS just won’t be there for them when they retire."
  • "The Social Security Trust Fund surplus is just a pile of worthless IOUs for money that the government has collected and already spent; it will renege on them rather than paying them back when due."
  • "Because everything the gov’t administers is inefficient, the gov’t paying for health care would be far less efficient than paying via private health insurance companies. "
  • "Clinton reversed the trend and moved the US budget from big deficits to big surpluses."
  • "It is well established that tax cuts increase government revenue."
  • "Free markets and free trade make everyone better off because they increase GNP and “a rising tide lifts all boats.”

Current Affairs

September 02, 2009

Is It Healthcare Reform—or Life Support for Insurance Companies?

The private health insurance industry is in trouble and needs a major ongoing transfusion of cash from government to survive.  This essential truth has been deliberately buried under the constant blizzard of lies about healthcare.  

 

Health insurance companies face a serious problem.  Expensive new medical treatments introduced over the years have impaired their once viable business model.  After thriving for many years, the health insurance business as we know it is fast becoming unsustainable.  Rising costs are driving up insurance prices, causing an ominous downward spiral of declining enrollment.

Continue reading "Is It Healthcare Reform—or Life Support for Insurance Companies?" »

Posted at 02:04 PM in Current Affairs, Healthcare, Single Payer | | Comments (0) | TrackBack (0)