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View Diary: Alexander, GOP: "Leave Health Insurance Companies Alone!" (56 comments)

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  •  Regulated Public Utilities... (0+ / 0-)

    ...like your local Gas Company, Water Company, and Electric Company are as American as apple pie.

    They submit their rates for approval by a public review board and in return they get a fixed, predictable profit.

    I spent all last year telling people that we need to run health insurance and/or medical services the same way we run other vital components of our infrastructure.

    I wish that Senators like Feinstein would use this analogy instead of just talking about giving more regulatory power to another Washington bureaucracy.

    Deregulation of power utilities led to Enron and near-disaster. While blackouts rolled across California in 2001, the lights stayed on in areas served by the municipal-owned Los Angeles Department of Water & Power.

    A wild market is not a free market.

    BushCheney Inc. - They lied to me, they lied to you, they lied to our troops.

    by jjohnjj on Sat Apr 24, 2010 at 08:02:37 AM PDT

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