yeah, right.... interstate competition is banned.

On Sep 10, 3:49 pm, plainolamerican <[email protected]> wrote:
> As Baby Boomers retire the Medical Insurance industry will be
> overwhelmed by medical costs without reform
> ----
> speculation noted
>
> competition will take care of the problem
>
> On Aug 13, 12:36 am, 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.- Hide quoted text -
>
> - Show quoted text -
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