"Opening up the health insurance market to more vigorous nationwide competition, as we have done..."

[helderheid]

"Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."

-John McCain

written within the last few days: he proposes to deregulate health care, and argues that: "Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation." THE SAME WEEK THAT BANKS FAIL, HE WANTS TO USE THE BANKING DEREGULATION AS A MODEL FOR HEALTH CARE! BEWARE!

http://www.contingencies.org/septoct08/mccain.pdf

[Jackpine Radical]

1. Wow. The essential problem with this idea is that health care purchasing decisions

are not made by individual consumers. They are made for the most part by the employers of the people who use the insurance. While the users want adequate coverage, the purchasers want lowered premiums. In order to provide lower premiums so that employers will buy their products, the insurance companies cut services, so the end users get stuck with poorer coverage. "Deregulating" in this case means removing mandates that insurance coverage be adequate. Suddenly there will be policies with, for example, larger copays, no mental health doverage, limitatins of the number of days of hospital care they will pay for, restricted provider list, etc.

[WCGreen]

7. Wonderfully put....

[BrklynLiberal]

2. HUH! Is he totally in a different universe?

[helderheid]

3. yep!

[AnotherMother4Peace]

4. Deregulation=Removing regulation=removing oversight, checks, balances=honor system=fox guarding hens

[crazylikafox]

5. Big kick. This quote is waaay to important to sink.

Talk about shooting yourself in the foot.

[bluethruandthru]

6. This needs to be in an ad along with

McShame's plan to do the same with Social Security.

The righties say the word "regulation" like it's got four letters and lots of dumbasses just nod their heads and say "damn right!". They also say things like "You know how to spend your money better than the government"...and the dumbasses do the same thing.

It's time to let people know what the right is really talking about.

[tosh]

8. Insurance providers are already out of control!

So now he's going after state regulations? Insane.