Pelosi, Obama demonizing of health care industry exaggerated and unfair
Monday, 03.08.2010, 05:48pm (GMT)
Commentary by James L. Lambert
the powerful Speaker of the House, Nancy Pelosi (D–San Francisco), I am
thankful for the Healthcare Industry. Several years ago, I shopped around to
secure a new healthcare provider for my family, as the monthly premium expenses
were increasing. I had to find a way of lowering my monthly health care costs.
for good old competition (between the different providers).Besides saving money each month, I found a new
health care plan for myself. When I did have to use that coverage to pay for an
expensive operation, I figured my health care provider saved me over $80,000. It
was an enormous blessing.
rush to pass their socialized medicine legislation, Democrats Pelosi and
President Obama have been viciously demonizing the health care insurance industry
with exaggerations and innuendo. Robert Gibbs, the President’s press secretary,
has even confirmed that the White House is hell bent on passing the health care
legislation sometime during the next 2 weeks. Insiders say that the push to get
the bill passed before the Spring Break is intentional. If it isn’t passed soon,
it is expected that during the planned recess (Congressional) members will get
‘an ear full’ from their constituents which would doom the bill’s passage.
Democrat leaders Pelosi and Obama are blaming the insurance industry for
“carpet bombing” their attempts to pass socialized medicine. The dirty little
secret here is that this bill, if passed, will cost American taxpayers hundreds
of billions of dollars. It will also deny billions of dollars of Medicare funds
to seniors in addition to transferring over $31B in expenses to the states,
some of which are almost bankrupt. Even Obama admitted that we “can’t cover
another 46 million for free … we’re going to have to find the money somewhere.”
President is attacking the healthcare industry insurers by saying that insurers
are not to be trusted. “They’re filing the airways with deceptive and dishonest
ads” … The country is being “held hostage” by the insurance companies,
according to the President. My, that’s
interesting. It seems like the federal government has all the power these days.
They can legislate companies out of business, print money out of thin air
(creating inflation), waste billions of dollars on frivolous government
programs and put trillions of dollars of debt on the back of future generations.
attacks on insurers are even more vicious. She emphatically states that the
health insurers “are the villains in this. They have been a part of the problem
in a big way … It’s almost immoral what they are doing” … Of course they have
been immoral all along.”
Perry, Professor of Economics (school of management) at the University of Michigan
has a different take on healthcare insurers. He has studied profitability
margins of the 100 most profitable industries in America. He ranks Health care plan
insurers at 86th most profitable in the country. This equates to a
profit margin of 3.3% (see chart). Measured by profitability there 85 industries
that are more profitable … These facts present a little different story from
what which we hear from the President of the United States and the Speaker of
the House of Representatives.
common layman needs to understand is that (health) insurers take tremendous
risks in providing insurance to their customers. Like any prudent business,
they do try to keep their costs down low with health care providers /hospitals
and doctors. They also realistically deny coverage to very high risk patients,
much like banks turning down a car loan to a borrower who has a terrible credit
Speaker Pelosi, I don’t believe the healthcare insurance is “a right.”
everything in this country is a right – not by a long shot. There are many
things in life that come by hard work and determination. The concept of personal
responsibility is essential to our society. Even so, the federal government
provides emergency ward cares to anyone, especially if it’s absolutely needed.
the government needs to understand that taxpayers can no longer be called on to
pay for the healthcare of the 12 million people that are here illegally, the 7 million
people who don’t want healthcare insurance or the millions of part time workers
who are not covered by insurance from their employers. No one is forcing them to
work for these particular companies.
want insurance you most likely can
get it. You might not always like the coverage you get, but you get what you
pay for. You can even get catastrophic insurance (which is even cheaper). It’s
like anything you buy in the free market place. People spend money on wide
screen televisions, fancy cars, expensive cell phones and computers. If they
wish to prioritize their health care, most people can afford to buy some type of health protection. It will
be a lot cheaper than what our tax rates will be if this socialized medicine
bill is passed.
and Obama, back off! The free enterprise system does a much better job of
providing health than the federal government could ever dream of.
you don’t want the government take over the health care industry which
represents 1/6th of our economy, please call these key Congressional
Representatives, list provided and voice your opinion today.)
James L. Lambert, a frequent contributor to ChristianMirror.net
and author of Porn in America, is a licensed nationwide real-estate
mortgage loan sales agent and can be contacted through his website.