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Old 01-02-2010, 11:46 AM
Excaliber Excaliber is offline
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I wouldn't call it a scam by the Gov to protect the insurance guys, perhaps just the opposite! It's a double edged sword at best. The insurance companies potentially stand to reap a big windfall of profits by signing up millions of people who before this did not have insurance. So the number of clients will go up dramatically. In that sense you could say the Government is doing them a favor. In the short term. Now long term these "newbies" are going to require care who's costs may exceed the income from premiums. On that front the insurance companies are shaking in their boots, there is plenty of "doom and gloom" talk about which insurance companies will survive and which will go under.

While I see a possible downside for the insurance guys, I don't see ANY downside for the drug companies, not yet anyway. THEY are going to make a killing of this plan if it passes as currently written.

Last edited by Excaliber; 01-02-2010 at 11:48 AM..
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