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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (92467)2/12/2010 6:03:14 PM
From: saveslivesbyday7 Recommendations  Read Replies (1) | Respond to of 94695
 
65-year-olds think Medicare is great,

but to suggest that 64-year olds be able to buy Medicare coverage is portrayed as "communism"



To: puborectalis who wrote (92467)2/19/2010 11:28:11 AM
From: puborectalis  Read Replies (1) | Respond to of 94695
 
Krugman: California Is In A Death Spiral And That's Why We Need To Keep Talking About Healthcare
Posted Feb 19, 2010 09:15am EST by Henry Blodget in Investing, Healthcare Information, Politics
From The Business Insider , Feb. 19, 2010:

Paul Krugman bangs on the healthcare reform drum again, citing the appalling rate increases by health insurers in California.

Individual rates that are already sky-high will jump by an astounding 39% this year, health-insurer Wellpoint just announced.

Wellpoint blames the crappy economy. Krugman blames the fact that reasonably healthy folks have elected to stop paying Wellpoint an arm and a leg, leaving it to cover only all the sick ones.

Anyone who has ever had to buy insurance individually--and watch the insurance companies jack up premiums an absurd amount year-in, year-out, regardless of economic conditions--can surely relate. But we suspect there's a reason we haven't heard the word "healthcare" out of Washington in weeks. So help would not seem to be on the way.

Paul Krugman:

Health insurance premiums are surging — and conservatives fear that the spectacle will reinvigorate the push for reform. On the Fox Business Network, a host chided a vice president of WellPoint, which has told California customers to expect huge rate increases: “You handed the politicians red meat at a time when health care is being discussed. You gave it to them!”