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View Diary: Conservatives celebrating vindication of free market principles? (49 comments)

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  •  What I don't understand is why insurance companies (6+ / 0-)

    and the GOP aren't jumping for joy. While the ACA helps a lot of people, it's also one of the largest corporate welfare programs in history. It's the biggest thing since agriculture subsidies!

    Insurance companies may have to compete, and may be subject to more regulation, but they are going to gain millions of new customers, many of them younger, and low risk. My father, a retired oil and gas casualty lines top executive, thinks that any insurance company that is not celebrating this is nuts. They have a captive audience, as we'd say in the arts.

    I resent that. I demand snark, and overly so -- Markos Moulitsas.

    by commonmass on Fri Sep 06, 2013 at 09:35:29 AM PDT

    •  They're mad (1+ / 0-)
      Recommended by:
      commonmass

      because now they actually have to, you know, pay for coverage instead of just taking your money and denying you coverage when you need it.

      29, white male, TX-07 (current), TN-09 (born), TN-08 (where parents live now)

      by TDDVandy on Fri Sep 06, 2013 at 09:43:12 AM PDT

      [ Parent ]

    •  They're not going to be able to raise rates (2+ / 0-)
      Recommended by:
      commonmass, Zwenkau

      as fast as they were. Competition didn't work before because they were in cahoots with one another. And now they have to actually provide the service they're being paid to provide. No more caps. No more denials based on pre-existing conditions. No more denials of treatment for specious reasons. And no more huge salaries and bonuses generated by denying service. They'll do alright. Just cuts down on some of the greed.

      •  The insurance business, in general, is rampant (1+ / 0-)
        Recommended by:
        HappyinNM

        with price-fixing and legalized theft. It's essentially racketeering in expensive suits.

        I resent that. I demand snark, and overly so -- Markos Moulitsas.

        by commonmass on Fri Sep 06, 2013 at 10:05:29 AM PDT

        [ Parent ]

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