This IS blatant fear mongering. There is no math here. There are no facts. This is vacuous nonsense. This is the type of diatribe the FEAR MACHINE pumps out on a daily basis. The Medical Insurance Industry does not pay for these government programs, the taxpayers do.
On Aug 12, 10:36 pm, VT Sean Lewis <[email protected]> wrote: > As Baby Boomers retire the Medical Insurance industry will be > overwhelmed by medical costs without reform. > > Sean Lewis > August 12, 2009 > > This is a simple fact. > > The Baby Boomers will flood the Medicaid, Medicare and VA Hospital > system beginning in 2012. > > By 2017 the Surpluses in these systems will be gone and the > programs will be in deficit spending mode, which means the > reduction of services. > > This shortfall will fall onto insurance companies to take up the > slack. To do this insurance companies will have to do one of two > things, > cut back services or raise premiums. > > Even with these efforts the potential for cascade failure similar to > what happened to the financial institutions is very possible and > likely. > > Unfortunately there will be no money for the bailout of Medicaid, > Medicare and the VA Hospitals as WELL as the Insurance companies. > > The result will be REAL Death Panels run by insurance companies > denying medical care or simply opting out by declaring Bankruptcy. > > Without Health Care reform THIS WILL BE THE FUTURE. > > This is not fear mongering, this is simple math. The numbers > do not add up. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
