Thursday, August 06, 2009

The Big Bad Wolf

When it comes to lobbying against health care reform, it seems to me the insurance companies are probably just trying to cut their losses. I'm sure the insurance executives would prefer a bill that included banning preexisting conditions over a bill that included a public option. In both instances, they lose money but at least in the former, they can still survive the long haul. Insurance executives know they're viewed as the bad guy by the public, but as long as they remain a necessity and aren't ushered out by a very scary socialist health care program, they can still turn a profit.