"Reports of premium increases up to 39% are deeply troubling," Rep. Henry A. Waxman (D-Beverly Hills), who chairs the energy committee, said in a statement. "At a time when millions of Americans are struggling to keep their health insurance, we need to know what possible justification there could be for increases of this magnitude."
The justifications are simple:
There are only two solutions: either a single-payer system ala Canada or what I have written about in the past, such as my four-point plan. Add to that four-point plan a fifth point - any person who buys something can re-sell it at any price they want, including across international boundaries. That is, no more back-door payments to every other nation of the world in which we fund all of the R&D for medical innovation. If they want it, they can help pay for it.
Both of these paths forward, of course, neuter the insurance companies - in the case of the single-payer system they simply cease to exist.
Waxman is a douche. He has no more desire to fix this than he does to give up the bribes, er, "campaign contributions", from those very same interests.
WAKE UP AMERICA!
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
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