On the basis of the new Health Care Law the government is trying to impose minimum so-called "medical loss ratios" on health insurers. What does this mean? It means for example that an insurance company is required to pay out between 80 to 85% minimum of its premium revenue for medical payments to subscribers. At the same time the government is also saying that a company cannot make more than so much profit. This is socialism if I have ever heard of an example of it. This is a blatant exercise of government power that is directly against the United States Constitution.
Any insurance company should be free to set any premium rates it wants and to pay out whatever portion of premiums it sees fit. Why? Because that is the capitalist system and the market place will determine if a company will last in the business or not. For example, if a company's premiums are too large and it does pay out claims as it should, it will not last long in business anyway. Customers will naturally buy the best policy they can that has the lowest premiums and pays reasonable claims the way it should. If an insurance company is not doing a good enough job paying claims and/or their premiums are too high they will not be competitive with other companies that do.
In the socialist government system our Democrat political leaders we are now building, the health care industry is just the start. Next will be control of communications(the Internet, radio, TV, and newspapers), transportation, the food industry, and many other industries. The government will then have complete power over the country and individual freedoms will be strictly limited. People will be under continuous surveillance by Big Brother. We will have a police state.
So you think airport screening is tough now? Just wait for the new US Socialist Government to develop its full power.
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