Wednesday, September 23, 2009
I think this video is hilarious. I love Will Ferrell and some of the other comedians on the clip. It is worth a look. Their point about rich managed care companies and rich managed care executives is right on. I have been ripping on these guys hard for NINE YEARS! The truth is that the insurance companies are very good at what they do. They are great at saving money and making a profit. The problem is that they pass that profit onto their CEOs and shareholders, etc. They don't pass it onto the consumers by lowering their rates. I agree that competition is needed to do this. Now, someone walk me through how a "public option" would do that. Is there another government program that has done the same thing that has worked? I am not being facetious, I really want to know. I could be open to a "public option" if it was run a group of ex-managed care executives who know what they are doing. I could be open to a "public option" if it was real and not a sham whose "low cost" was due to more and more taxes to subsidize it. The latter is how Maine's Dirigo program works and it is an utter failure.
Posted by Authentic Medicine Blog at 4:49 AM