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View Diary: How to Shut Down a Major Series of Congressional Hearings in One Easy Step (50 comments)

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  •  If the employers do this (6+ / 0-)

    imho, it will prompt a really big public reaction that will go toward single payer or a much better public option.

    The insurance companies should be having a panic attack about this--it may even cause them to lower rates (wait that was silly, they don't lower rates ever even if it's suicidal not to). Can you imagine how the insurance industry will freak out if all of their major contracts collapse? They might actually have to provide health care at a reasonable price to individuals just to have any customers.

    Yes we did, yes we will. President Obama

    by marketgeek on Thu May 06, 2010 at 06:31:48 PM PDT

    •  The insurance companies do not provide health car (3+ / 0-)
      Recommended by:
      neroden, TeddySanFran, Mike Taylor

      e. They just facilitate payment (or non-payment in some cases) of claims for care.

      Think about what would happen if a large segment of the population lost their health insurance and were not eligible for heavily subsidized government sponsored health plans. Incomes of Doctors and Hospitals would fall. My God, what would these people do if their income was cut by 40% or 50%? The Doctors complain about low or inadequate reimbursement rates from Medicare and Medicaid. They would really be in a pickle if half the sick people in the country could not pay their health care bills.

      If you are older than 55, never take a sleeping pill and a laxative at the same time!

      by fredlonsdale on Thu May 06, 2010 at 07:03:59 PM PDT

      [ Parent ]

      •  That’s what this version of HCR is about. (2+ / 0-)
        Recommended by:
        neroden, TeddySanFran

        A mandate to buy private health insurance with no public option is exactly the formula to protect the health insurance industry from the likely scenario you have pointed out (in the absence of this version of HCR).

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