Monday, October 12, 2009
The Financialization of Health and Everything Else in the Universe
...there is a huge untapped market of some 50 million people who are not paying insurance premiums—and the number grows every year because employers drop coverage and people can’t afford premiums. Solution? Health insurance “reform” that requires everyone to turn over their pay to Wall Street. Can’t afford the premiums? That is OK—Uncle Sam will kick in a few hundred billion to help out the insurers. Of course, do not expect more health care or better health outcomes because that has nothing to do with “reform”. “Heckuvajob” Baucus is more concerned about Wall Street’s insurers, who see a missed opportunity. They’ll collect the extra premiums and deny the claims. This is just another bailout of the financial system, because the tens of trillions of dollars already committed are not nearly enough...
Wall Street Pit: The Financialization of Health and Everything Else in the Universe
Wall Street Pit: The Financialization of Health and Everything Else in the Universe
Permalink posted by markw @ 5:26 AM 
 |
 |  |
  |
