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Excerpt from: Health chief says reform bill will expand care - BusinessWeek Monday September 28, 2010
""Health and Human Services Secretary Kathleen Sebelius blasted health insurance companies for denying coverage to the nation's neediest patients. She said the health care law will foster a competitive market that forces companies to provide affordable and thorough coverage or lose customers.
"No longer do insurance companies in the United States get to pick and choose who gets coverage," Sebelius told a crowd of Democratic supporters in Henderson. "Insurance companies have to actually cover people when they get sick."
The visit was part of a nationwide tour to promote the legislation during a critical midterm election in which Republicans have made opposition to the law a driving issue.""
How does forcing ANY company to spend more money without allowing them to increase revenues, "...FOSTER A COMPETITIVE MARKET THAT FORCES COMPANIES TO PROVIDE AFFORDABLE AND THOROUGH COVERAGE, OR LOSE CUSTOMERS" ???
I know this lady's ignorance of how business works is old news on this forum, but her statements this past Monday leads me to think that she's becoming obsessed with hurting health insurance companies. I hope Sebelius's health insurance contains the latest mental health screening mandates. This lady will blow a gasket when she finally understands that health insurers will leave the business rather than lose money under a dictatorship.
-A.C.
""Health and Human Services Secretary Kathleen Sebelius blasted health insurance companies for denying coverage to the nation's neediest patients. She said the health care law will foster a competitive market that forces companies to provide affordable and thorough coverage or lose customers.
"No longer do insurance companies in the United States get to pick and choose who gets coverage," Sebelius told a crowd of Democratic supporters in Henderson. "Insurance companies have to actually cover people when they get sick."
The visit was part of a nationwide tour to promote the legislation during a critical midterm election in which Republicans have made opposition to the law a driving issue.""
How does forcing ANY company to spend more money without allowing them to increase revenues, "...FOSTER A COMPETITIVE MARKET THAT FORCES COMPANIES TO PROVIDE AFFORDABLE AND THOROUGH COVERAGE, OR LOSE CUSTOMERS" ???
I know this lady's ignorance of how business works is old news on this forum, but her statements this past Monday leads me to think that she's becoming obsessed with hurting health insurance companies. I hope Sebelius's health insurance contains the latest mental health screening mandates. This lady will blow a gasket when she finally understands that health insurers will leave the business rather than lose money under a dictatorship.
-A.C.