Insurance companies are not dumb. They haven't survived and thrived this long by accident. Yes, the new Obama regime is planning a major overhaul of the insurance business. Possibly, a health insurance that has much much more government influence.
Therefore, insurance companies are beginning a massive makeover to adapt with the changes.
This is a great story that explains the change.
"If the overhaul that President Barack Obama has promised goes against them, insurers could find themselves trying to compete against a new government-run health plan offering cut-rate premiums to middle-class families".
So, what do you think of the insurance industries' makeover?
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It is out of control as it is. I don't know what to do. I just know that with a "good" insurance plan I still pay alot out of pocket. It seems to me they find every excuse not to pay even when it is on the list of things supposed to be covered.
ReplyDeleteNothing would make me feel better than to see insurance companies squirm like a worm on a hook. If the government could become a viable competitor with insurance companies, well maybe that would help. But I am doubtful of their ability to do so. At least their heart is in the right place.
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