Patients First is reporting:
Obama's main theme so far has been the outrageous profits of the insurance companies and how his plan is going to keep them under control and protect patients against their abusive practices. President Obama seems to be speaking out of both sides of his mouth.
President Obama's health care plan would actually provide a massive bailout to the insurance industry, a total of $336 billion in government subsidies for private health insurance, while requiring every American to buy their product. This is a backdoor way of paying off the big insurance companies. here
And there's more. In addition to the subsidies, the government would use its powerful collection agency, the Internal Revenue Service, to make sure that every individual complies with the mandate to buy expensive private insurance. Yet President Obama insists on promoting himself as America's protector against the insurance industry.
How gullible does he think we are? No wonder President Obama has a major credibility problem.
What do Americans get in exchange for this major bailout of insurance companies? Over a trillion dollars in new taxes and fines levied on individuals and businesses, another half-trillion dollars of Medicare cuts and a broken promise from the president that you can keep the plan you have right now if you like it. here
Another artificial deadline set by the President is approaching - March 18th - and it's critical that we make our voices heard to prevent this insurance company bailout from taking place. Call your Congressman today! here
