Comments on: Can health care legislation that insurance and pharmaceutical companies like still be a good bill?

By: Vipul Tanna

Tue, 08 Jun 2010 20:21:02 +0000

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By: libtree09

libtree09 — Thu, 24 Dec 2009 23:13:47 +0000

Lets try that again:
http://www.questia.com/googleScholar.qst;jsessionid=LzydhgK0vKvBL3DWGhQYvvdJbWlN6pb2wLLW2nfHTv2Xxd1blp2N!1624433048!1122893772?docId=5000373229

By: libtree09

libtree09 — Thu, 24 Dec 2009 23:05:22 +0000

Well I do know something about re-insurance but this seems different and is related to risk management, that area that got the economy in a bit of trouble but I may be interpreting this completely incorrectly. This stuff is complicated. But I came across this: http://findarticles.com/p/articles/mi_m1094/is_n2_v28/ai_13834938/pg_2/?tag=content;col1

Now I have in my time been involved with some bookies and these derivatives resemble the way the mafia would lay off bets from one region against another.

Now you mentioned that there needs to be underlying value: http://www.questia.com/googleScholar.qst;jsessionid=LzydhgK0vKvBL3DWGhQYvvdJbWlN6pb2wLLW2nfHTv2Xxd1blp2N!1624433048!1122893772?docId=5000373229

Now this could all be great for business, risk management is the basic premise of insurance but this seems out of the box. I read one piece that did not think this new application was appropriate for health insurance. Then again maybe this is re-insurance.

By: andylevinson

andylevinson — Thu, 24 Dec 2009 13:19:24 +0000

Rick, you got yourself a health bill passed early this morning…now it is time for domestic enemies obama, reid, pelosi to celebrate

Democrats everywhere will be celebrating the murder of health care in america

By: peg1

peg1 — Thu, 24 Dec 2009 11:15:43 +0000

an abortion funding bill? really?
http://blog.beliefnet.com/news/2009/12/abortion-looms-as-possible-blo.php

i am paying for wars with my tax money, even though i am against it, but i have no say in how my tax dollars are being spent.

and as a woman, i can pretty much assure you that no woman WANTS to have an abortion. health, age, economic issues play a big part in whether or not to abort or not.

By: Rick Ungar

Rick Ungar — Thu, 24 Dec 2009 06:09:14 +0000

How do you mean health insurance can be sold on the futures market? Are you possibly thinking about re-insurance? If not, I’m curious what you mean.

By: libtree09

libtree09 — Thu, 24 Dec 2009 00:00:26 +0000

Okay I’m sold. You make a good case but this may be off topic but I am also paranoid about big business becoming too big in areas of public interest. Enron screwing of California is a case in point.

Rise in health care stock may not indicate that Congress has offered the industry a gift and it seems that insurers will not escape reforms. However it is interesting to note that the big four investment banks are terribly interested in the businesses that now control some 15% of the nation’s GNP and will capture a even larger bite of our economy: http://seekingalpha.com/article/172152-u-s-healthcare-legislation-investment-impact

While my fears of wall street meddling has be tempered it has come to my attention that health insurance can be sold on the futures market as a commodity dropping it in that exotic unregulated derivatives marketplace.

As for some improvemnts that don’t go to Medicare buy ins or public options we really need to get rid of the health insurance anti-trust exemption in reconciliation as well as stronger policing of their bookkeeping to make sure the money that is mandated for health delivery is in fact going to health care.

By: andylevinson

andylevinson — Wed, 23 Dec 2009 13:52:23 +0000

Rick, civil rights is a program?

By: andylevinson

andylevinson — Wed, 23 Dec 2009 13:50:11 +0000

You have found something intellectual in the health bill to discuss?

The traitor harry reid will not even allow voting on this in the light of day.

You’ve got yourself an abortion funding bill….and that is about it.

And it will take effect in 2014 after the three stooges, pelosi, obama, reid….are kicked out of office….

By: humphreylee

humphreylee — Wed, 23 Dec 2009 04:24:46 +0000

Too bad there isn’t legislation to stop you from spewing your drivel and lowering the intellectual tone on a site such as this. But that’s what makes America great I guess.