Tag Archives: health insurance companies


According to President Obama, hordes of helpless American are being “held hostage by health insurance companies that deny them coverage or drop their coverage” when they get sick. That was the central message he took to the road last week in what appears to be an increasingly desperate attempt to save his ponderously unworkable trillion-dollar health reform package. In conjuring up insurers riding roughshod over hordes of Americans, the President also tramples the truth. The fact is that the 91% of all privately insured Americans with employer-based insurance never face denial of coverage for pre-existing conditions (so-called “pre-ex”) or loss of insurance when they get sick (called “rescission”). It’s illegal.

What the President is spending so much political capital castigating is the remaining 9% of the private insurance market—the part that provides essential individual health insurance to people ineligible for employer coverage. Pre-ex and rescission are relevant here because individual insurers must operate differently from employer-based insurers.

Posted in Health Costs, Health Insurance, Health Reform Goals, Myths and Bad Ideas | Tagged , , , , | 5 Comments


House Speaker Nancy Pelosi has taken the gloves off with her tirades against “immoral” health insurance “villains” and the “un-American” citizen protesters who object to her taking over American health care. By my count (and Gallup’s), that adds up to more than 150 million concerned Americans who Ms. Pelosi says should shut up, sit down, and just pay for her unworkable, unaffordable  “Affordable Health Choices Act”—and for several more ultra-luxury Gulfstream G-5 executive jets, so she can avoid mixing with her benighted constituents in those awkward airport security lines or being crammed into airline seats too narrow for her ample ego.

The Speaker apparently thinks she’s living in an alternate universe from the rest of us. How else to explain her utter tone-deafness to the voice of the majority of Americans who actually like their health insurance while so few of them believe Congress is doing a good job?

Posted in Government vs Markets, Health Costs, Health Insurance | Tagged , , , , | 3 Comments