What a joke, these fools think that increasing regulations is going to make it a more “competitive” market. These folks are economically illiterate. Just imagine holding health insurance rates in a time of sky rocketing health care costs! And they think they can control the double digit rate increases like the health insurers create these increases as they please! The second rates will come down is the second people will stop using the ever increasing new medications that are costing health insurance companies a fortune. People are demanding additional health care services and in turn, they will have to pay for them. How many times do we hear people say “Na, I don’t need that med, I can do without it.” Instead, they say “give me the best.” These fools in Sacramento are either faking it to their constituents are real stupid!
If this is signed into law, it will be amusing to see the tantrums thrown by those econ-illiterates (spelled SOCIALISTS) in the legislature, as the insurers still in the market take unprecedented rate increases or close benefit-rich plans before the 2009 deadline.
The free market system is the cornerstone of our nation’s economic might, not to mention our product quality, availability, variety and competitive price. It astounds me that our legislators remain clueless to this fundamental fact. Econ 101 should be a prerequisite to EVER serve in our legislature. Welcome to the People’s Republic of California.
I can not believe what i am reading.Ecomomic regulation!1.Who is regulating the assembly[it was not that long ago that the state was in the hole/red 30 BILLION DOLLARS!],2.How will “regulations be implemented,that si what is profitable and what is not?3.Will the assembly use the taxpayers as a “backstop”if a company fails?These are but a few questions that should surface?What’s next?
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What a joke, these fools think that increasing regulations is going to make it a more “competitive” market. These folks are economically illiterate. Just imagine holding health insurance rates in a time of sky rocketing health care costs! And they think they can control the double digit rate increases like the health insurers create these increases as they please! The second rates will come down is the second people will stop using the ever increasing new medications that are costing health insurance companies a fortune. People are demanding additional health care services and in turn, they will have to pay for them. How many times do we hear people say “Na, I don’t need that med, I can do without it.” Instead, they say “give me the best.” These fools in Sacramento are either faking it to their constituents are real stupid!
If this is signed into law, it will be amusing to see the tantrums thrown by those econ-illiterates (spelled SOCIALISTS) in the legislature, as the insurers still in the market take unprecedented rate increases or close benefit-rich plans before the 2009 deadline.
The free market system is the cornerstone of our nation’s economic might, not to mention our product quality, availability, variety and competitive price. It astounds me that our legislators remain clueless to this fundamental fact. Econ 101 should be a prerequisite to EVER serve in our legislature. Welcome to the People’s Republic of California.
I can not believe what i am reading.Ecomomic regulation!1.Who is regulating the assembly[it was not that long ago that the state was in the hole/red 30 BILLION DOLLARS!],2.How will “regulations be implemented,that si what is profitable and what is not?3.Will the assembly use the taxpayers as a “backstop”if a company fails?These are but a few questions that should surface?What’s next?