The scam is to frog-march a bunch of healthy 20-year-olds into a for-profit insurance system that each year they'll pay into way way more than they'll get out. Extract billions from 'em, and say it's for their own good.
Pretty slick, huh?
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The scam is to frog-march a bunch of healthy 20-year-olds into a for-profit insurance system that each year they'll pay into way way more than they'll get out. Extract billions from 'em, and say it's for their own good.
Pretty slick, huh?
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Comments (4)
And I bet it'll work like a pyramid scheme: by the time the 20-somethings become 30 and 40-somethings and need to watch their blood pressure, diabetes, or cholesterol - the program will long since have been denuded of funds.
Posted by Alicia Siegel | February 8, 2007 7:34 PM
Posted on February 8, 2007 19:34
And I bet it'll work like a pyramid scheme: by the time the 20-somethings become 30 and 40-somethings and need to watch their blood pressure, diabetes, or cholesterol - the program will long since have been denuded of funds. Where will the money go? The same place it always goes: first to the insurance companies (and their subsidiary commercial banking or investment brokerage firms - such as the Travelers Group-Citibank mega combo). Then into the campaign coffers of politicians, Mr. Romney and/or his ideological cohorts.
Posted by Alicia Siegel | February 8, 2007 7:38 PM
Posted on February 8, 2007 19:38
as
big insurance and big pharma
my my what large maws they have
Posted by owen paine | February 9, 2007 4:36 PM
Posted on February 9, 2007 16:36
nb
a huge pump over of compulsory funds into
the health secort ought o increase the service unions dues eh ??
recall the health worker union 1199
is their ward these days
higher revenues -> higher wages -> higher dues
now thats public spirited
class politics eh ???
Posted by owen paine | February 10, 2007 8:19 PM
Posted on February 10, 2007 20:19