Public Option will push 23 Million out of Private Health insurance

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	Public Option will push 23 Million out of Private Health insurance

billpar

6-22-2009 11:58 AM

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tags:

health, politics

1 Comment |

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6-23-2009 7:51 AM

deb2012

While the American people find themselves priced out of health insurance and healthcare, the CEOs of America's largest for-profit health insurers are making record salaries.

And perks . . .like private corporate aircraft, country club memberships, security services (wonder why they need this?) and a lifestyle most Americans can only dream about.

No wonder they can't compete with non profit endeavors.

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A recent Congressional Budget Office (CBO) report seemed to back up Ryan’s analysis, when it found that the Kennedy-Dodd health care bill – currently being debated in the Senate – would push an estimated 23 million Americans out of private insurance and into the arms of a government health insurance agency.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnsnews.com/public/content/article.aspx?RsrcID=49853"><DIV>
“[T]he number of people who had coverage through an employer would decline by about 15 million (or roughly 10 percent), and coverage from other sources would fall by about 8 million,” the report said.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnsnews.com/public/content/article.aspx?RsrcID=49853"><DIV>
Representative Ryan also disagreed with Romer’s assertion that the public plan would compete fairly with private insurers because of the public money used to create it, a luxury not afforded to private insurance companies. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnsnews.com/public/content/article.aspx?RsrcID=49853"><DIV>
When asked by CNSNews.com if he thought the use of public start-up funds violated the administration’s fair competition pledge, Ryan answered, “Yes it does, yes it does.”</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3B16FBB1-5C53-48C2-AD39-73F36E5E27B7/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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