It won't. What you mention is pure misinformation. Insurance companies will still provide health insurance, that is the basis for the reform. Even it it went to a full single payer system, insurance companies would still be providing some form of health insurance. For instance in Canada the insurance companies moved into other coverage areas, dental care, supplemental insurance and travel health care insurance, just to name a few.
As an aside, in the more "socialist" provinces of Manitoba and Saskatchewan, that have public auto insurance (think single payer auto insurance), the companies that previously provided auto insurance did the same. None of the insurance sales people lost their jobs. They just kept on being independent insurance agents, selling MPIC or SPIC auto insurance. BTW the car insurance rates for both these provinces are the lowest in North America. For the 3rd year running the Manitoba Public Insurance Corporation (the crown corporation that runs auto insurance in Manitoba) cut their rates and gave all drivers with no insurance demerits a rebate on their insurance rates. MPIC is still extremely profitable >but wait for Obamacare to kick in and that >will be the end of the private individual policies. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340680 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
