trucker40 said: (quoted from post at 23:04:44 12/20/09) Whoa now,on one hand if you took all the profit away from insurance companys it wouldnt insure all the people without insurance.However,all of the money Insurance companys spend does not go to paying hospital bills.Over 20% is overhead,thats those big hundred and fifty million a year salaries,office buildings,salaries,light bills,cars,just everything a business needs.Also they waste money.They invest some foolishly and lost it in the stock market.Now if you got all of that money you could insure more people,but not everybody.
Also what made everybody mad is how they raised the price and refuse to pay hospital bills.Nobody want them to insure everybody.While it would be nice,thats not what the problem is.The government wants a way to insure more people and to cut health care costs.Plus they will tax somebody,probably everybody to pay for those who dont have insurance.But by the time they get some insurance for them they hope it will actually lower the cost that they are paying now because of all the ones that hospitals overcharge to pay for now.Its complicated,and not really being explained at all.
Now, you said a lot in just 2 words! "they hope"
If you think companies have a lot of overhead you don't know Jack about government overhead! You will be very, very lucky to get 40 cents on the dollar back out of every one that the feds take in. There is no greater inefficient machine in the universe than the federal government. You really do need to pull you head out of that place where the sun doesn't shine, buba!
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