There's an old maxim that goes "you can have it fast, you can have it good, you can have it cheap. Pick any two."
Reason I bring this up is this quote from Suzanne Kosmas (D-FL) regarding her (probable) "no" vote on ReidCare:
"(W)e should hold insurance companies accountable by preventing them from denying coverage based on preexisting conditions, by eliminating life-time caps on coverage, and by taking steps to lower premiums."
As we've pointed out, ad nauseum, immediately covering pre-existing conditions and removing the life-time caps on benefits has the immediate and direct result of increasing premiums. This is just simple economics: increasing the demand for something (health care) without increasing the supply always increases the cost.
Why am I not surprised that a CongressCritter fails Econ 101?
[Hat Tip: Ace of Spades]
Reason I bring this up is this quote from Suzanne Kosmas (D-FL) regarding her (probable) "no" vote on ReidCare:
"(W)e should hold insurance companies accountable by preventing them from denying coverage based on preexisting conditions, by eliminating life-time caps on coverage, and by taking steps to lower premiums."
As we've pointed out, ad nauseum, immediately covering pre-existing conditions and removing the life-time caps on benefits has the immediate and direct result of increasing premiums. This is just simple economics: increasing the demand for something (health care) without increasing the supply always increases the cost.
Why am I not surprised that a CongressCritter fails Econ 101?
[Hat Tip: Ace of Spades]
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