SayAnything Blog
Shocker: Insurance Companies Want Coverage Mandate
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Rob - 11:11am on 11/19/2008

Well of course they do.  Wouldn’t you love to work in an industry that citizens are required by law to patronize?

WASHINGTON – The health insurance industry said Wednesday it will support a national health care overhaul that requires them to accept all customers, regardless of pre-existing medical conditions, but in return it wants lawmakers to mandate that everyone buy coverage.

Lawmakers have signaled their intent to craft health care legislation early next year, and the insurance industry’s support would make passage easier. That legislation is expected to closely track the proposals of president-elect Barack Obama. However, Obama separated himself from his Democratic challengers by opposing an individual mandate for adults to buy health insurance.

And just think: When this nonsense inevitably fails - and it will when insurance companies find that they can’t insure everyone and comply with federal price capping too - these same insurance industry lobbyists will be crawling to Washington DC begging for the sort of bailout that the financial and auto industries are getting.

And the politicians will do it, too.  You wait and see.

Government telling insurance companies who they have to cover.  Government telling insurance companies what kind of coverage they have to offer.  Government telling insurance companies how much they can charge for that coverage.

What could possibly go wrong?

If we’re going to do this, we may as well get national health care and get it over with.


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