Mr. President, did you pull a switcheroo? Did you take single-payer off the table just to hand it to me under the table?
...there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.
...we are already seeing the parent companies who own these insurance operations fleeing into other types of investments. They know what we should all know &ndash we are now on an inescapable path to a single-payer system for most Americans and thank goodness for it [Rick Ungar, "The Bomb Buried in Obamacare Explodes Today—Hallelujah!" Forbes.com, 2011.12.02].
Hmm... requiring insurers to spend 80% of their money on actual health care. Does that mean Avera's new hotel manager gets a pay cut?