The Epic American Health Care Company Crash Index Message Board

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Biotech / Medical : The Epic American Health Care Company Crash Index

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To: TH who wrote (1)	3/23/2010 12:14:04 PM
From: forceOfHabit	1 Recommendation Read Replies (2) of 12

TH, I think this idea (shorting health insurance) is just crazy bad. True, if the details of the new health care regime remain as described, his reasoning is sound and the health care companies are toast. But only a fool would believe that with the lobbying power of the insurance industry that the rules of the game will not change. Meanwhile, they will have successfully enshrined in law the principle that everyone MUST buy healthcare, no matter if the policies on offer are overpriced, inadequate, and criminally interpreted (Insurance agent to Noah: "Yes it rained for forty days and forty nights, and yes your boat ended on a mountaintop, but that's not how we define a flood."). This principle you can bet will remain enshrined (even as unprofitable ones like being forced to cover pre-existing conditions etc. are eroded and eventually eliminated). This bill is a license for the health insurance industry to print money and basically indentures the entire US population to that industry. Short those guys? Not a chance! forceOfHabit

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