Tuesday, March 30, 2010
Why Private Health Insurance Companies Need to Disappear
It's good that they have now (I guess) decided to close the loophole about denying child coverage. But the fact they contemplated finding loopholes and that only after shaming from the Obama Administration they've changed their minds doesn't make them humanitarians. Private industries will always find ways to make as much money as possible. While on the surface that isn't wrong, but when dealing with health or public good, it's wrong. As long as we trust our health in the hands of private health insurance companies, they will always find ways to circumvent the system and deny coverage to make more money. That is wrong and it's time for government-run single-payer health insurance.
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