First and foremost, I would like to congratulate each and every American citizen for their purchase of AIG, one of the leading names in insurance in our modern world. Along with its sister companies (which have already been bought, or are likely to be purchased in the coming weeks) AIG will represent a powerful investment, sure to provide lasting security for American citizens. We believe that the new US Government Family of Companies™ has a bright future.
Learn more about your new options below!
Being savvy business people, you know that consolidation and vertical integration is the name of the game in the 21st century. As stockholders of AIG, you have the opportunity to restore its health as well as the health of the entire nation.
Today, I am asking for your help in fashioning a business plan to help AIG help America, just as America has helped AIG.©
Specifically, I would like to hear ideas to provide to Congress in order to help it manage the new subsidiary we have just purchased.
First and foremost, I see no reason why we should not insist that our government contract with AIG to be the sole provider of health insurance for all government employees, Medicare and Medicaid recipients, military personnel, and members of Congress. Sweetheart deal? Good heavens, that’s 20th century thinking! We are simply leveraging our investments into integrated solutions for the end users. In addition, laws should be passed to give AIG the ability to offer significant discounts on health insurance for American companies, companies doing business in America, small businesses, sole proprietorships, and state and local governments. In return, I have no doubt that AIG – which, as you know, is 80% Us, will be more than happy to cover the 46 million Americans who have no health insurance. This can be done profitably by simply putting everyone into a single risk pool or some similar method.
Make no mistake: I am not suggesting that we should socialize medicine or have a "single-payer system." That would smack of socialism! We are proud capitalists. Therefore, we should allow competition from other insurance companies for our business, as well as creative partnerships and coalitions between companies, which will provide efficient and effective delivery of health services and payment for providers. As owners, we should expect – demand! - that AIG make a reasonable profit. After all, we need that money to pay off the debt incurred to buy it in the first place! (Thanks, China! Need health insurance at affordable rates?)
In the comments below, I would appreciate your ideas and suggestions for this plan. Perhaps someone with a deep knowledge of the subject might even create his or her own diary on the matter.
Congratulations again on your purchase! I hope that September 16, 2008 will serve as a turning point for our many discussions about insurance, and the roles of the private and public sector. Perhaps the day will come when we wonder why we didn't think of this simple solution much sooner.