Saturday, April 10, 2010

Quote of the Day


"In the past people would pay thousands of dollars for health insurance so it would be there if they needed it. Now they will be able to pay a $900 fine and still be guaranteed insurance even after they develop a serious illness. As a result, healthy people with insurance will do better to drop their coverage and pay the fine until they get sick and need health care.

Rather than increasing the rolls of the insured, this legislation could actually encourage healthy people to opt out of insurance… No insurance system can survive such folly.

Once the government competes with the private sector, there is no competition. It is like the referee starting to play on the field. The government has banned private companies from competing with them on mortgages, Social Security and the U.S. Postal Service, and we all know Hal well those organizations are run.

The current legislation has left undone the incentives to provide quality lowest cost health care. And it is put in place incentives that work toward impoverishing the quality and economics of our current health care system. For these reasons and many more, the current legislation is the worst legislation passed by Congress in the last 75 years."

David Marotta

www. emarotta.com