House passed the health care bill

[BanginJimmy]

Sounds like what has been happening since I was born. Maybe I missed something.

If you thought it was bad before, you aint seen nothing yet. If this passes you will see ALL private insurers drasticly raise rates, not 1 and 2% a year. Probably closer to 50% so they can retain their profit margin. On top of that, you will see MUCH smaller networks of available doctors. They will do this to cut the administrative costs and vetting costs of large networks.

[BABY J]

If you thought it was bad before, you aint seen nothing yet. If this passes you will see ALL private insurers drasticly raise rates, not 1 and 2% a year. Probably closer to 50% so they can retain their profit margin. On top of that, you will see MUCH smaller networks of available doctors. They will do this to cut the administrative costs and vetting costs of large networks.

Right. And some smart insurers who's business is setup properly and doesn't have too much overhead will offer competetive rates (spark price wars). Little known insurers who have been doing the right thing at the right price under our noses this whole time will suddenly surface and be the "new guy" or "popular guy" on the block. It's not rocket science. So much to-do about nothing.

You guys kill me.

[BanginJimmy]

Right. And some smart insurers who's business is setup properly and doesn't have too much overhead will offer competetive rates (spark price wars). Little known insurers who have been doing the right thing at the right price under our noses this whole time will suddenly surface and be the "new guy" or "popular guy" on the block. It's not rocket science. So much to-do about nothing.

You guys kill me.

There is absolutely no way a private company can compete with a govt subsidized entity under the rules laid out in the house bill.