And what does this tell you?

@iriscot (1289)
United States
January 19, 2010 2:54pm CST
What does this tell you about the insurance companies and drug manufacturers? They've just about "Lobbied" this bill to dea*h... They don't want anyone messing with the ridiculous high payments they charge individuals for a policy or medicine! Health stocks such as Aetna, Humana, Merck, Eli Lilly Pfizer and United Health Group all are sharply up today, as traders believe a Brown victory will sap Democratic power in the Senate and dim the prospects of a health-care reform bill they deem costly to health companies. For the complete article click below: http://voices.washingtonpost.com/economy-watch/2010/01/wall_street_betting_on_coakley.html?wpisrc=nl_pmpolitics
3 people like this
4 responses
@Destiny007 (5805)
• United States
20 Jan 10
I think that a lot of people fail to realize that if this healthcare bill passes... the costs are going to increase even more. They will not decrease at all. The cost of health insurance will go up, and the quality of actual healthcare will go down. Government control is not the option.
@iriscot (1289)
• United States
20 Jan 10
I believe that Health Care Insurance will continue to rise unless there is some type of regulations put back into effect. Relaxed government regulation for the past years since Reagan was President has not only allowed insurance rates to go completely out of control, it has caused most of the financial problems that now exist world-wide. Something is going to have to change.
• United States
21 Jan 10
It is government regulations that are making the cost higher. For example... the regulations forbidding insurance companies from operating across state lines... that foolish interference eliminates increased competition which forces prices up. Another would be the rules that allow unlimited and unreasonable malpractice suits which force medical professionals to run unnecessary tests in order to protect themselves from these lawsuits. Tort Reform is desperately needed and is necessary to reduce costs..., however, the lawyer lobby is opposed to this... and so are the democrats as the lawyers are a large contributor to the liberals. While blaming Reagan and his deregulation may seem like a good idea, it really has had no real effect on the healthcare landscape. Clinton also deregulated some things, one of which largely contributed to the financial crisis. Government interference is never the answer, but is is at the root of the problem.
• United States
21 Jan 10
Here are a couple of links... http://www.slate.com/id/2242065/pagenum/all/#p2 http://blog.heritage.org/2010/01/19/cost-of-health-care-bill-soars-despite-presidents-pledge/ Even if 0bamacare were to pass, the price will still go up. Not only that... the very insurance companies that you rail against stand to benefit immensely from the hordes of uninsured who would be forced to buy their insurance under the proposed mandates. Meanwhile, the costs will continue to increase, and the insurance would be even more expensive instead of less. That is what happens when government is allowed to interfere with the marketplace and our freedom to choose.
@sid556 (30960)
• United States
20 Jan 10
They all work together and make huge profits off from healthcare. If a small group of healthy people got together and contributed a small amount into an account to be used just when needed for basic health needs, do you know how quickly that account would build up? That is what insurance companies do only on a much larger scale. There are so many people that pay for insurance that they rarely use. I was one of them for many years. I paid in 36.00 per week for years and then when I actually needed to use it, it was such a huge hassle! If I had all the money I'd paid them, I could have paid for the procedure that I needed and the meds and still had plenty left over. Some people do use more than what they pay in of course but still, there are a large amount of people paying a lot of money.
@iriscot (1289)
• United States
20 Jan 10
I have a frienc who I played football with is school. His family has been farming for years. He had 3 brothers and they all farmed. The family owns a lot of acreage in our area and make a good amount of money each year by managing their operation efficiently. They don't have health insurance, they all pool their money into a fund and use it for medical purposes. However, it wouldn't work out ok for them if they were a cancer patient such as I am. I've been getting chemo treatments for 7 years, every two weeks. Along with the treatments at the cancer center, I take 6 xeloda chemo pills a day for a week. The pills alone retail for $1400.00 for a week's worth. My insurance company has negotiated price down to $1200.00 but that is an expense that has really added up over the years. Multiply that by 26 and it comes to $31,200.00 a year. How many of us could afford to buy those chemo pills? So, my friend's plan probably wouldn't work for a lot of people.
@laglen (19759)
• United States
19 Jan 10
This tells me that they are businesses in America that will be shut down if government are running the show. Compare to a grocery store and the congress is now going to say you can only eat cabbage and you can only get it from me.
@jambi462 (4576)
• United States
20 Jan 10
Its sick to see how overrun by corporations we let our world get. We shouldn't even have to deal with people that want more money for lives. How can you put a price on people's lives. We should start to support independent research chemists. With them you will be able to get high purity material and you will also be supporting someone that isn't trying to rip you off. They put way too many fillers and other added stuff in todays medicine.