Tuesday, April 1, 2014

A devilish deal: Insurance companies accept suicide for big money

Why would Obama be ensuring high prices for insurance companies? Why wouldn't Obama be guaranteeing low prices for his voters? Here's what health insurance companies agreed to and where the private sector health insurance market is headed, folks...
"They partnered with Obama, and he's paying them off, before he wipes them out."


Now, if you'd rather not take Rush's word for it, take an Obamacare architect at his word, Ezekiel 'Dr. Death' Emanuel, who said in early March, 'Insurance companies as we know them are about to die, and here's what's going to replace them'...
The good news is you won’t have insurance companies to kick around much longer. The system is changing. As a result, insurance companies as they are now will be going away. Indeed, they are already evolving. For the next few years insurance companies will both continue to provide services to employers and, increasingly, compete against each other in the health insurance exchanges. In that role they will put together networks of physicians and hospitals and other services and set a premium. But because of health care reform, new actors will force insurance companies to evolve or become extinct. The accountable care organizations (ACOs)...and hospital systems will begin competing directly in the exchanges and for exclusive contracts with employers. ...

In January 2012 Jeffrey Liebman and I predicted in The New York Times the end of health insurance companies by 2020. We might have been a bit optimistic—or provocative. But it is certain they will end. Insurance companies will largely cease to be the middle man—taking premiums, paying providers, saying no to consumers, and making a profit—that we blame. ...

So be prepared to kiss your insurance company good-bye forever.
As these masterminds usher in bigger, more intrusive government...because, after all, government knows best.

Related link: Subterfuge: Obamacare's the Trojan horse for single-payer Medicare