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For all of you people that are claiming the Healthcare bill
...is a windfall for the insurance companies...why was it then that the insurance companies spent...reportedly...hundreds of millions of dollars in an attempt to defeat the bill?
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because they are not going to be able to uprate you anymore and they are not able to deny insurance..
those two factors are what makes and breaks insurance companies... . |
It appears to me that it will not be a windfall for insurance companies or they would have campaigned for it instead of against it.
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couldnt agree more pathfinder
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Fling mud, it always sticks
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I actually think they were spending just to change a few things. Many insurance companies saw their stock go up today and over the last several months health insurance company stocks have gone up an average of 20%. They stand to make a lot of money form this. Yes, they will have to take on some people with pre-existing stuff and they will lose money from them, but they will also be getting millions of new customers many of whom will hardly ever use their insurance.
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