Archive for December, 2009

December 21, 2009

Special Interest Health Care Reform

The American public has just witnessed the power of special interests influence on a legislative process originally designed by our constitution to represent the people of the United States who now have very little representation if any. Although 60 votes were obtained 58 Democrats 2 Independents and surprise no Republicans, by Harry Reid he did not get them without compromise, or should I say without a payoff. It is plain and simple he had to buy votes in the name of compromise just to get a bill good or bad.

Health Care reform was initiated to reform the system for two reasons, first to provide health care for all Americans and second to provide that health care at a reasonable cost.

The senate bill does neither and has solidified the insurance industries strangle hold on the American consumer for years to come. The entire bill designed by the health care industry guarantees the industry 30 million more premium payers to fill their coffers and increase profits, those with pre existing conditions will be required to pay higher premiums and the elderly will also pay higher premiums. Even if a family of four fall under 400% of the poverty level ($88,000.00 per year) their $20,000 a year premium will be subsidized by our tax dollars. 

The bottom line, our representatives have just given the insurance industry everything but the kitchen sink.  My recommendation is to buy Health Insurance Stocks who just hit a 50 year high and pray you don’t get sick.

Finally, as long as profit motives exsist in Health Care the cost of Health Care will never decline, and coverage for all will never be realized, therefore a SINGLE PAYER SYSTEM is required.  

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