Here is the headline once the insurance market in the USA is no longer a monopoly:
"China, India, European Union and South American Insurance Giants now in Control"
by Health Advocates' News (snark)
"International insurance companies are undercutting the lucrative insurance market ever since American led health and life insurance companies were removed from the monopolistic control over insurance purchases made by American citizens.
Like heavy manufacturing, steel, pulp and paper, and other commodities, health insurance, and indeed health care is now outsourced to foreign nations, who have shown an ability to provide affordable, high quality, and comprehensive insurance and also health care to all Americans.
A huge battle was fought, for and against the Insurance Monopoly. Finally, a consensus between liberals and conservatives moved toward a completely free market in health care and health insurance. This turned into a bonus for consumers and a disaster for the insurance giants based in the USA.
After celebrating the defeat of a public option in the health insurance reform process, the insurance companies and lobbyists were surprised to find the de-regulation process in a runaway devolution, leaving broken US giant companies such as AIG on the auction block and being purchased for pennies on the dollar by newly created insurance companies. These were subsidized by Socialist and liberal governments in the initial purchases, but are a rich source of profits now.
Chinese, Indians, Germans, Iraqi, and other foreign nationals were at the top of their classes in the American medical colleges, and have been able to offer organized, attentive and efficient health care delivery in new and uniquely companies.
"They are just harder working and smarter and less arrogant than the old companies," reported the Business Press, "people love the chance to keep their homes and also get health care."
added by Dosaybe: 9/3/09 3:53pm
(Frankly my dear, I prefer public options "American style")