[speedgibson] Speed Gibson: Strangulation

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Posted by Speed Gibson:
Strangulation
http://speedgibson.powerblogs.com/posts/1248927626.shtml


   From Richard A. Sloma's "No-Nonsense Management" (1977):

     "If planned new orders do not exceed planned shipments, management
     has announced its intention to liquidate the firm."

   The so-called Health Care Reform bill is lengthy, but one thing is
   clear: private health insurance will be all but dead. Actually, it
   will be totally eliminated, unable to compete for several reasons,
   like mandates and unfair competition from an organization that does
   not have to make a profit. Some report that private insurers will not
   be able to take on new customers, maybe not even change the terms of
   existing customers, like changing the deductible. There will be price
   controls, external decision-making, and with "no pre-existing
   conditions" you could argue this isn't insurance at all. And of
   course, many employers will simply bow out of providing health care
   coverage, paying the 8% (today!) penalty.
   The government plan will have its own problems, but not enough to
   matter in the short time it will take to kill the insurance companies.
   For with no prospect to grow, they will quickly liquidate.
   No, whether you like your current plan or not, you won't be able to
   keep it under ObamaCare. To say otherwise, and this includes our
   President, is to lie.