What I don't understand about the opposition to the public option

[liberal N proud]

My father retired with a very good benefit package. He was able to negotiate a package that provide full medical coverage for the remainder of his life.

He has been retired for nearly 30 years, he is 87, until a few years ago, his insurance covered everything until some change in the medicare laws during the bu$h years suddenly everything for has to be approved and submitted through medicare.

What ever medicare doesn't pick up, his plan is supposed to cover. He basically ended up with a supplemental insurance plan from what was full plan. Who benefited from that one, obviously the insurance company.

So here is the part that I don't understand, all the insurance companies were right there in line to pass some of the cost off to the taxpayer then but now they are afraid of a little public interaction now?

It makes no sense.

[GeorgeGist]

1. Profits make no sense.

[OHdem10]

2. Could it be the Insurance Companies want all that subsidy money

that would be provided to pay for those who cannot afford
health care.

With no public option, the Health Industry is free to continue
in its same for profit path. For profit means they are responsible
only to the shareholders. This means the can treat us customers
as they so desire. Having to compete with a public option will
force them to at least consider the client's well-being. This
puts them in conflict and Wall Street will not be too happy.

It boils down to greed. Nothing has changed seriously on Wall
Street. Wall Street demands profit and earnings.

The public option makes them gives services to the people.

[crikkett]

3. Insurance companies can't compete with a public option.

See your father's situation was taxpayer subsidy of private profit, and what is coming our way is looking like a not-for-profit competitor who will undercut private profit.

[RC]

4. If you are not rich enough to be self insured, then you

deserve to be fleeced. Or so think the insurance companies.
We need to be applying the fraud laws in this country to the health insurance industry. Or even RICO. The collusion between the various companies is right out in the open.
Anything to get them under control.