Quote:
Originally Posted by kane
I have always been under the impression that it was primarily authored by the insurance lobbyists.
If you remember, when Obama first announced his plans for Obamacare the insurance industry was up in arms about it because now they were going to have cover people with preexisting conditions and make some other concessions. Then all of a sudden they stopped complaining and in some cases even endorsed it. They realized that the mandate was going to drop millions of new healthy, profitable customers into their lap and they were all for it.
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Read the terms of these policies.. They are going to be a money maker for the insurance company. They don't pay anything unless there is a major medical crisis. Huge deductibles.
If you have some cash to invest into the market, insurance companies are going to be a good place ..for a while.
