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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: James Hutton who wrote (241775)	3/22/2010 4:59:40 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

Current usurious medical insurance premiums are the result of only a tiny minority of the population participating in individual insurance. A number of people in California "economize" by dropping their health insurance coverage in the current recession, and as a result Anthem Blue Cross needs to raise rates by 40%, on top of last year's 16% increase. Low participation rates and unpredictable premiums go hand in hand. Once all medical costs are explicitly paid for, a majority consensus automatically emerges to reduce fraud and unnecessary cost. It's no longer the lobbyists for health service providers against small fragmented portions of the public, but they will now face opposition from a unified public who are all equally concerned about fraud and cost control. Private insurance firms had truly little interest as they merely earned a mark-up over the total revenue stream. They just needed to generally stay in step with the policies at the few other insurance oligopolies. .