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Tuesday, March 24, 2009

Health Insurers Fighting For Their Existence, Are You Kidding..

The health insurance industry has opted to potentially eliminate its controversial practice of charging higher premiums to people to those with pre-existing medical conditions. The offer from America's Health Insurance Plans and the Blue Cross and Blue Shield Association is a potentially significant shift in the debate over reforming the nation's health care system to rein in costs and cover an estimated 48 million uninsured people. In a letter to certain US Senators, the companies say they will "phase out the practice of varying premiums based on health status in the individual market" if all Americans are required to get coverage.

The major reason they are doing this? Yup, they are trying to prevent the creation of a Universal insurance plan that would compete with them, something that many democrats are working toward. To help stave off universal coverage talks, the industry has already made a number offered to end the practice of denying coverage to sick people.

More on this can be found at: http://news.yahoo.com/s/ap/20090324/ap_on_he_me/insurers_sick_people


I for one wouldn't mind seeing these major corporations roll over in this recession. They helped bring us to this point...many small businesses have had to close their doors because they cannot afford to pay salaries and health coverage.

Its so slimy how these companies will start to give 'concessions' to avoid going out of business.

Since when is caring for the sick a 'concession'? Health Insurance Companies are here to help us when we are sick. right? Thats what their commercials say....

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