Has president Barack Obama really giving up on his plan to inject the federal government into the medical insurance business? Listening to Obama’s minions over the weekend, it seems that Team Obama has backed off their plan for the “public option,” so what will be their new tack, how do they plan to scheme their way through now? I think the tipoff was in Obama’s address out West over the weekend where he banged mercilessly on the insurance industry, demanding that they limit high deductibles in their policies, and accept applicants for coverage whom they normally wouldn’t insure, unless at very high premiums and/or deductibles.
Obama’s strategy now is to try to force medical insurance companies into bankruptcy. He almost certainly will propose regulations that the insurance companies must cover high risk customers while requesting artificially low deductibles, a recipe for financial disaster for the private sector medical industry, what Obama will try to engineer, intending then to step in with a bailout for the insurance companies, to then control them, which is the backdoor way for Team Obama to dominate the medical business.
If Obama were really serious about controlling medical costs, he would propose tort reform and insurance companies’ competition across state lines. And to provide more charitable healthcare for the economically poor, why not provide tax breaks for those who donate to charity hospitals, would that not be a better way to cover the indigent and indifferent without overhauling the whole system by fascism as sought by Team Obama?
And to know that all of the Bible, except the six days of creation, was recorded by eyewitnesses, be sure to checkout the explanation in article #13 at http://GenesisVeracity.com.