Obamacare: The Enslavement Continues
Freedom died last spring when Obama’s health care reform bill was signed into law. And it continues to die in slow incremental painful gasps. Freedom-loving insurance companies can no longer deny medical coverage because of a pre-existing condition. They’re not allowed to discontinue coverage after a claimant has the nerve to get sick. And they can’t establish lifetime or annual limits on how much medical care those whiny patients are entitled to.
Isn’t this enough??? What will be the next cherished liberty to be stolen from The American People?!?!?
Here it is: There's a new requirement on how insurance companies can spend the money they collect in premiums. They have to spend eighty percent of this money on medical care. Not on seminars and meetings held in plush resorts; not on 7-figure bonuses. They have to actually spend 80% of this money on the medical needs of their policyholders when they get sick.
This regulation will take effect in January. It’s hard to tell how the Right will spin this, but they’ll find a way. Count on it. Get ready for a shitload of new corporate-funded “grass roots” front groups staging orchestrated “demonstrations.” Coming to a city near you.