ObamaOdrama

House Speaker Nancy Pelosi is fast tracking health care legislation this week that would include an option for a government run program that would compete with insurers.

Pelosi reasons a government role in health care will help U.S. companies be more competitive.

“This is not only about the health of individuals in our country, which will be justification enough,” said Pelosi, a California Democrat. “It’s about the competitiveness of our businesses to make them globally competitive because they are competing with companies and countries where the federal government — their governments — pay for health care. They don’t have to bear those health care costs.”

So, creating a government program funded by taxing health care benefits provided by private insurers will make these companies ultimately more competitive?  Doesn’t it sound like Pelosi is really proposing to eliminate competition?  While the government is subsidized by their customers, private insurers will be forced to increase premiums and reduce health benefits while customers defect to the cheaper government alternative.   Its pretty clear the government doesn’t consider these insurers “too big to fail” unlike AIG and other financial institutions they are asking for control over.  Funny how that works out…

Tags: Nancy Pelosi, Universal Health Care

This entry was posted on Friday, March 27th, 2009 at 1:39 pm and is filed under Nancy Pelosi. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.