Clinton Touts Health Insurance Plan

The Article in its full text

Insurance companies should face the same kind of federal regulation as firms that sell stocks and bonds, Democrat Hillary Rodham Clinton said Monday as she outlined her health care plan to voters around a dining room table.

The patchwork of state regulation that insurers now operate under has allowed them to get away with offering meager health care policies and to move to states with more favorable rules, Clinton said. She said the federal government should regulate the companies more, though states still would be able to enact their own rules.

"We can't do this state by state," she said. "No state has the ability to get everyone in their state to get the insurance they need."

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Clinton outlined her universal health care plan, which would provide tax credits to make insurance more affordable and require businesses to offer insurance to workers or pay into a pool for people without it...and would also expand Medicare and the federal employees' health insurance plan to cover those without adequate workplace insurance.

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Clinton repeated a statistic she cites often — contending that insurance companies spend $50 billion a year figuring out ways to avoid paying claims.

"This is all part of their business model. This is how they make money, but it's so bad for the rest of us," she said. "I say to them, use the $50 billion to actually take care of people," she said.

I like her plan honestly - especially the last part - it doesn't take a genius to see that
insurance companies are basically legal robbers. Of course if you get into an accident or get robbed, or some medical expense comes up, insurance will help - but to pay every month for it is usually more expensive than the help it gives. not to mention all the conditions you must require to be eligible to collect on a claim. Clinton is right on one thing - Use the money to actually help rather than spend it on trying to NOT pay a claim.