Thursday, July 26, 2007

The greed principle continued ...

Our health care system isn't designed to make people healthier: It is designed for extracting money from the vulnerable and putting it into the pockets of the rich
Consider the private, profit-making, insurance industry that Bush is so determined to defend. What "innovations" has it produced? The deductible, the co-pay, and the pre-existing condition are the only ones that leap to mind. In general, the great accomplishment of the private health insurance industry has been to overturn the very meaning of "insurance," which is risk-sharing: We all put in some money, though only some of us will need to draw on the common pool by using expensive health care. And the insurance companies have overturned it by refusing to insure the people who need care the most - those who are already, or are likely to become, sick.

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