President Obama To Address Congress - Wed 9/9/2009.

As a broker, I don't want to see a lower-cost Government Insurance
Program. But, putting personal motives aside, it just might create
competition because the health insurance companies operate
just like the gas stations. They all raise their prices about the same
amount each year. Especially the big players in the market.

But on the other hand, our Oppenheimer investment advisors state
that private health insurance companies pay out 87% of their
premiums to the medical community...paying medical bills of the
insureds who became sick or injured.

Perhaps the best way to lower costs is to reduce the demand for
medical care. Now, how do you accomplish that, short of mandating
that everyone eat a balanced diet and excercise daily?

reply to post by Lemon.Fresh


Good ideas.
Obama doesn't care.
He has the only solution.
Install the Canadian Health Care system.
Drive the private sector out of business.
Mission accomplished!

Originally posted by carewemust
As a broker, I don't want to see a lower-cost Government Insurance
Program. But, putting personal motives aside, it just might create
competition because the health insurance companies operate
just like the gas stations. They all raise their prices about the same
amount each year. Especially the big players in the market.

But on the other hand, our Oppenheimer investment advisors state
that private health insurance companies pay out 87% of their
premiums to the medical community...paying medical bills of the
insureds who became sick or injured.

Perhaps the best way to lower costs is to reduce the demand for
medical care. Now, how do you accomplish that, short of mandating
that everyone eat a balanced diet and excercise daily?

One of the ways to do is that is to spend more on embryonic stem cell research, to find the cures for many of these diseases.

Though, in the end, we'll still need healthy care, and I'm all for a public option.