Tag Archives: insurance

Giveaway To ‘Big Insurance’ Passes House

You can sum up the so-called “health bill” that passed the House last night in one sentence:

Mandatory insurance is NOT universal care!

…no matter what that asswipe Obama or the corporate cronies in the Democratic Party say.

This bill is a f*cking disaster.  It’s an enormous giveaway to Aetna, Cigna, and Wellpoint that will do little to improve the health situation for those 25 – 32 million people who’ll be forced to buy private insurance in public exchanges.  Did you see the part of the bill that details the quality of coverage in these ‘plans of last resort’?  No?  Probably because it’s not there!  Likewise, the ability to exclude based on pre-existing conditions isn’t gone.  It’s just been delayed in order to force more people into the exchanges where insurance companies can offer crap coverage with crippling deductibles at high rates.

About the only good thing in this bill are the industry targets for how much of premiums must be spent on actual care.  But that doesn’t go far toward mitigating the reality of this bill:  The party, that at every stage voiced their support for a ‘public option’, did everything in their power to ensure that no such option ever made it into this bill.

Long story short:  Obama, Pelosi, and Reid screwed us and gave the insurance industry more than it could ever have hoped for from the GOP.

Bayh unretires – Was “counting on my wife’s cut of the Anthem rate hike”

Senator Evan Bayh today reversed his week-old decision to retire from the U.S. Senate, citing economic reasons.

The two-term Indiana lawmaker told a Washington DC press conference he was forced to unretire after his wife learned Anthem Blue Cross of California is delaying a planned 39% hike in subscriber premiums. Susan Bayh is a board member of Indiana-based WellPoint, Anthem’s parent company.

“I was counting on my wife’s cut of the Anthem rate hike, that was going to be our retirement nest egg,” said Bayh.

Growing reflective, Bayh wondered aloud about the future of the American status quo. “I worked hard this past year making sure nothing happened with health care reform, for this?” he asked.

“It used to be in this country that a man born to wealth and power could use that position, and his cozy connections, to get even further ahead,” he said.

“Instead, I’m going to have to do like many Americans who have lost their retirement savings in the recession, and keep working. It makes you want to give up on the institution of Congress. Almost,” Bayh said.

In other news, the Obama administration announced nuclear power as the new centerpiece of its environment and energy efficiency policies. “America’s energy future won’t just be green, it will glow green thanks to new, totally safe-ish nuclear plants,” Press Secretary Robert Gibbs said.