Thursday, June 11, 2009

Couldn't happen to a nicer industry

Bob Cesca on why the U.S. health insurance companies sincerely deserve a good hard screwing:

A government healthcare plan, on the other hand, would be specifically tailored for stories like mine, and it's my only real chance of having health insurance anytime soon.

In addition to putting the "insurance" back into "health insurance," the public plan would force the private insurers to figure out how to compete -- or face bankruptcy. How excellent would that be for a change? The health insurance companies under financial pressure brought on by a competitive entity that we own.

Honestly, I hope they choke on it. I can think of no other American industry that more closely resembles a criminal shakedown of the public than the health insurers.

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